News in brief - 18 October 2024

Victoria Clark has been promoted to the role of head of lending at The Right Mortgage & Protection Network (TRM). Having previously served as head of equity release, she will now take on the role to develop the full TRM lending proposition for all member firms and advisers. Clark has worked at TRM for nearly seven years in a number of roles, with previous focus on equity release and later life lending. She is also a director on TRM’s later life lending proposition, The Later Life Lending Network.

Precise has launched a five-year fixed limited edition residential range with valuation and assessment fees included. The range has been created to help brokers with customers who have limited disposable income, including those with less than perfect credit profits and/or debt management plans. Rates start from 5.49% and the product is available at between 75% and 85% LTV at loan sizes between £75,000 and £300,000. It comes with a product fee of £995, which can be added to the loan amount.

Bluestone Mortgages has cut rates across its standard and purchase fee-free product ranges. Rates have been reduced by 10 bps and now start from 6.24% at 60% LTV. The firm has made these cuts in order to support a growing number of customers with adverse credit. These updated rates are now available on Bluestone’s broker portal.



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