Hinckley & Rugby for Intermediaries has expanded its mortgage offering by launching two new remortgage products, both available at 80% LTV and with no early repayment charges (ERCs). The additions, which are available across the society’s core and credit flex ranges, are designed to offer flexibility to borrowers, allowing them to make overpayments or switch products without penalties. The remortgage two-year discount product features a 5.65% variable rate, while the remortgage credit flex two-year discount is available at a 5.99% variable rate. Both products come with a £999 product fee.

LendInvest Mortgages has cut rates by up to 0.15% on its two-year fixed residential mortgages, Meanwhile, the lender’s five-year fixed residential products have also been reduced by 0.10%. The move is designed to enable brokers and intermediaries to support their clients looking to purchase a new home or remortgage their existing home. The announcement comes after LendInvest recently redesigned its credit criteria. There are now four categories, designed to cater to varying levels of allowable adverse credit.

Evelyn Partners has appointed Alex Gersh as its new chief financial officer (CFO). He replaces Andrew Baddeley, who has served as group CFO since 2018 and became the CFO at the firm’s former professional services business, S&W, following the completion of its sale last month. Gersh brings over 30 years of experience to the role, after holding several senior leadership positions at both private equity backed and public companies across the UK and the US. Most recently, he served as CFO at Paysafe, and has also held CFO positions at both Sportradar and Betfair.

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