Fleet Mortgages has appointed David Lockwood as its new north London business development manager (BDM). His new role will see him cultivate new advisory firm relationships in his region, focusing on supporting the buy-to-let advice propositions and helping their landlord borrower activity. Lockwood brings over five years’ experience in business and relationship managements within the intermediary lending space, joining Fleet from Coventry Building Society, where he served as a field BDM. He has also worked at Metro Bank as a telephone BDM and a mortgage helpdesk representative.

Broker Conveyancing has launched a new fixed remortgage product via its partnership with ONP Solicitors (ONP). The product comes with an all-inclusive fixed price of £245 including VAT, while also offering the introducing broker a £70 referral fee. The exclusive product pricing includes one ID fee, the first telegraphic transfer fee, two bankruptcy checks, official copies of documents, the Land Registry final search fee, search indemnity cover, the Land Registry fee up to £30 and the legal fee. Broker Conveyancing said its long-standing relationship with ONP and its commitment to ensuring remortgage borrowers had access to their own legal representation for a low, fixed cost, meant this this product was “perfect” for those customers who did not wish to receive a fee-assisted remortgage product.

Yorkshire Building Society (YBS) Commercial Mortgages has made a number of changes to its product range, including a 0.05% discount on the commercial lender’s BTL product range, meaning that landlord clients looking to purchase a property to rent out can benefit from a five-year fixed mortgage at 4.95% on loans over £1m up to 65% LTV and with a 3% fee. For landlords looking to fund a HMO purchase or a holiday let, rates have dropped by the same amount, meaning that a five-year holiday let fix at 75% LTV now sits at 5.60% with a 2% fee. The lender’s semi-commercial range, which is available on loans up to £5m and is designed for part-residential, part-commercial assets, now starts at 6.45%, which is fixed for five years at up to 70% LTV with a 3% fee.

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