News in brief - 14 January 2025

Just Mortgages’ self-employed division has appointed Kara Jones as a senior recruitment consultant. She joins the firm to support the continued growth of the self-employed division across the country, working to help those in employed roles take the first step into running their own business, as well as helping those who are already self-employed to move on from more corporate structures and organisations. Based in South Wales, Jones joins the firm from Rayner Personnel where she was a financial services head-hunter and recruitment specialist. Prior to this, she worked with Just Mortgages in the employed division, recruiting for branch advisers and leadership roles.

Buckinghamshire Building Society has entered the limited buy-to-let (BTL) market with the launch of a new, dedicated product range. The initiative is designed to support landlords, including expat investors and those with holiday let properties. In response to growing demand for more tailored financing solutions, the society is introducing four limited company BTL products. The limited company BTL five-year fix is available at 5.49% at up to 80% LTV. The limited company expat BTL three-year fix and the expat holiday let two-year discounted rate, both start at 6.09% at 75% LTV. The limited company two-year holiday let is also available from 5.79% at up to 75% LTV.

Castle Trust Bank has cut rates and has reduced the arrangement fee across its entire bridging proposition. The bank has cut rates by up to 20 bps per month, with heavy refurb loans at 70% LTV reduced to 0.75% per month. Alongside this, across the range, many products have been cut by 10 bps per month. Castle Trust Bank has also reduced the arrangement fee for all bridging loans from 2.25% to 2%.



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