more2life has launched its latest lifetime mortgage, Tailored Interest Reward, designed to give later life lending clients more control over their borrowing costs. The product is designed to allow borrowers to tailor their monthly payment and the payment term to their individual circumstances. Available on both lump sum and drawdown options, Tailored Interest Reward offers interest rate discounts of up to 0.65% with only a part-interest payment of at least 25.01% required to secure the maximum discount.

Accord Mortgages has made cuts across its buy-to-let (BTL) product range. The lender has also reduced fees from £3,495 to £1,995 on selected three-year fixed rates. A two-year remortgage fix now starts from 4.19% at up to 60% LTV and comes with a £3,495 fee and a free standard valuation and remortgage legal service. A three-year fix for purchases and remortgages is available from 4.59% at up to 65% LTV and comes with a £995 fee, £250 cashback and free standard valuation, while a five-year remortgage fix starts at 5.04% at up to 80% LTV, with a £995 fee, free standard valuation and remortgage legal service.

United Trust Bank (UTB) Mortgages has appointed Fran Arnold to its sales team as business development manager for the north of England and Scotland. She moves from the bank’s underwriting team, where she was team manager for the north, taking responsibility for supporting mortgage intermediaries across the region and promoting the banks range of specialist residential, BTL and second charge products. In her new role, Arnold will take responsibility for the bank’s mortgage BDM team and lead in delivering UTB’s sales strategy across its mortgage range.

---