Mansfield Building Society has launched a new five-year fixed mortgage product, available up to 95% LTV, with affordability stressed at the pay rate to help overcome affordability challenges. The new product is aimed at first time buyers but is also available to home movers. It includes a basic valuation, no completion fee and is available at a fixed rate of 5.99% until 14 February 2029. Applicants can also now benefit from a “common sense and versatile” approach to underwriting that includes an extensive criteria, such as accepting gifted deposits and no automated credit scoring.

Just Mortgages has appointed Shey Wade as its new digital marketing manager. He will work across the financial services division at Spicerhaart to support Just Mortgages’ brokers in both the employed and self-employed divisions, as well as advisers at Just Wealth, its financial services arm. His remit will also include surveying division Valunation and Spicerhaart Part Exchange. Wade’s move is an internal promotion, after he progressed from starting as a marketing assistant and moving to market executive before starting this role where he will lead an entire department.

Hanley Economic Building Society has launched a fee-free two-year fixed rate product with a rate of 5.55%. The product is available at 75% LTV for purchases and remortgages, and comes with a free valuation with no application or arrangement fee. It also features a £250 contribution to remortgage legals. The two-year fix is applicable for properties throughout England, Wales and Scotland, and comes with a minimum loan amount of £30,000 and a maximum amount of £500,000. Each case will be assessed on an individual basis by the in-house underwriting team, meaning no credit scoring, and these products are available through the Hanley Economic Building Society branch network and selected intermediary channels.

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