News in brief - 16 September 2024

Landbay has cut rates across its buy-to-let (BTL) product range, with no less than 51 products being reduced by as much as 0.20%. Among those reduced is standard five-year fixed rate products, available at up to 75% LTV, which have been reduced by up to 0.15%, with rates now starting at 4.39%. The small HMO/MUFB product range has also seen improvements, with two-year options up to 75% LTV, now starting at 3.89%. Five-year options have also been cut by 0.20% across the 75% and 80% LTV ranges, with rates now available at 4.79%. Trading company products, designed for clients looking to purchase property within an existing trading company, are reduced by 0.10%, with rates now starting 4.69%.

KSEYE has launched a new lite product covering residential, commercial and mixed-use bridging products. The new product range is available for properties in London and the home counties, with resi-lite bridging loans starting from a headline rate of 0.74%. Commercial-lite bridging loans start at 1.05% and mixed use-lite bridging loans start at 0.95%. The new offering will offer brokers with a clear, fast solution for more straightforward bridging cases, providing clients with a competitive and reliable source of funding. KSEYE has introduced this product in response to the high volume of enquiries it has received so far in 2024, identifying a need for a more predictable bridging loan products, with competitive upfront pricing.

conveybuddy has appointed Mark Game as sales director. Game brings over a decade of expertise in the conveyancing sector to the firm, specialising in B2B services within the financial services industry. Most recently, Game has held the role of sales director at Conveyancing Alliance Ltd from 2021 and 2023, overseeing full-time operations and leading sales initiatives across the organisation. From 2012 to 2023, he served as senior area director for Broker Conveyancing and Conveyancing Alliance Group, covering the south east region. In this role, he was responsible for driving new business opportunities, maintaining client relationships and increasing monthly volumes through strategic partnerships.



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