Landbay has reduced rates by up to 0.15% across its fixed rate product range. The biggest reduction has been made to the but-to-let (BTL) lender’s two-year fix, which includes its small HMO/MUFB range. It is available up to 75% LTV, with rates starting at 3.99% The five-year fixed range has been reduced by up to 0.10%, with five-year options for both standard and its small HMO/MUFB range starting at 4.59% at up to 75% LTV.

Hanley Economic Building Society has launched a fee-free two-year fixed rate shared ownership mortgage in a bid to bolster its shared ownership product range. The product starts at a rate of 5.35% and is available up to 95% LTV, allowing borrowers to access to the shared ownership scheme for either purchase or remortgage purposes with a 5% deposit. There is a minimum loan amount of £30,000 and a maximum loan amount of £500,000 on the shared ownership product and is available on properties in England and Wales, including new build houses and flats up to 10 floors.

United Trust Bank Mortgages has made two appointments in new lending and underwriting roles to support its growth strategy. Mareeza Mitri has been promoted to the role of new lending manager, replacing Dave Burke who was recently promoted to head of BTL underwriting. Fran Arnold has also been promoted to team manager, who is taking Mitri’s previous role leading the northern underwriting team.

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