MPowered Mortgages has announced a rebrand, which sees the launch of a new logo, website and slogan, which reads “home of the one day mortgage”. The rebrand comes as the firm looks to make the mortgage experience for UK brokers and borrowers “faster, smoother and stress free”. MPowered Mortgages has also launched a new one stop shop broker support and sales team, which aims to change the way in which brokers can interact with the firm, through in-person meetings, demo requests and more via MPowered’s website.

Mansfield Building Society has made a series of criteria changes to support borrowers and widen access to its range of mortgage products. The society has returned its maximum LTV for debt consolidation to 90%, with the criteria designed to open up more opportunities for homeowners looking to manage their finances through remortgaging. Gifted deposits are also now accepted on credit repair cases and the maximum age limit on buy-to-let applications has been removed.

Atom bank has reduced rates on its prime residential mortgage range. Rates have been cut by up to 0.20% on two-, three- and five-year fixed rates, available up to 95% LTV. As a result, both two- and three-year fixed rates now start from 4.99%, while rates for borrowers with a 5% deposit start from 5.24% The cuts provide prime borrowers with a greater range of options irrespective of their deposit or preferred fixed rate term.

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