Evelyn Partners has appointed Sally Boyle to the role of independent non-executive director, replacing Elizabeth Chambers who leaves the board after nine years in the role. Boyle joins from Galliford Try plc, where she chairs the remuneration committee and the board of Cambridge University Press and Assessment. Between January 2017 and January 2023, she was also a member of the board of the Royal Air Force, where she chaired the people and diversity committee. Boyle graduated from Cambridge University in law and began her career as a solicitor at Simmons and Simmons, before joining Goldman Sachs International as head of human capital management for the EMEA region.

United Trust Bank has announced rate reductions as part of a refresh of its entire first and second charge residential mortgage range. In addition to a raft of lower interest rates, starting from just 5.99%, the specialist lender has restructured and widened its credit with new acceptable adverse rules across its entire range, catering for wider customer needs. For first charge products, rates start at 6.44% and 6.39% for two- and three-year fixes respectively. New second charge products start from 6.59% for a five-year fix, with a five-year product with no early repayment charges (ERCs) starting from 7.89%.

Newcastle for Intermediaries has reduced its two- and five-year fixed products in its large loan proposition by up to 0.15%. The two-year product is available at 5.15% for up to 65% LTV on loans between £1.5m and £3m. It comes with ERCs of 2% and 1% until the end of July 2025 and 2026 respectively, with a £1,999 product fee. For five-year fixes, rates start at 4.75% at the same LTV and price range. EPCs start at 5% until the end of July 2925, decreasing by 1% every year after. It also comes with a £1,999 product fee. Furthermore, the range accepts up to 100% bonus/commission, subject to underwriter discretion, and allows enhanced income multiples of up to 5.5x, providing more flexibility and choice to borrowers.

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