News in brief - 13 May 2025

Foundation Home Loans has unveiled a refreshed buy-to-let product range with rate reductions across a number of specialist property types. The lender’s limited HMO five-year fixed rate has been reduced to 5.64% and it comes with a £2,995 fee with a minimum loan size of £150,000. Foundation’s standard HMO two- and five-year fixes are both available from 5.74% with a 2% fee, while its MUFB two- and five-year fixes start from 5.84% with a 2% fee. All products are available at up to 75% LTV.

conveybuddy has appointed Rachel Payne as its new senior account manager. As part of her new role, she will be responsible for managing relationships across the firm’s broker and introducer network. Payne will also work to deliver hands-on support, and helping firms access conveyancing and surveying solutions through conveybuddy’s panel of law firms and its survey partner, The Moving Portal. She brings nearly a decade’s worth of experience in the conveyancing distribution market to the role.

Accord Mortgages has made further reductions to its residential rates, with two- and five-year rates being cut by up to 0.24% and 0.21% respectively. The intermediary lender’s two-year fix for house purchase at up to 95% LTV now starts from 5.18%. It comes with a £495 fee, £300 cashback and free standard valuation. The five-year remortgage fix at 75% LTV starts from 4.15% and comes with a £1,495 fee, £500 cashback or remortgage legal service, and free standard valuation.



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