News in brief - 27 October 2023

Leeds Building Society has made a number of rate reductions to its buy-to-let (BTL) mortgage range. Further reductions of up to 0.15% have been made across its BTL range, including its portfolio products, following rate cuts earlier this month. The society has said that the improvements apply across a range of products, including those with a lower fixed rate supported by a higher product fee. Its two-year BTL fixed rate is available at 5.52% with a £1,999 fee and at 6.14% with no fees,. The five-year BTL fix is also available at 5.09% with a £1,999 fee and at 5.39% with no fees.

1st Call 4 Mortgages has launched a new careers website, dedicated to connecting professionals with opportunities in the self-employed mortgage and protection advisory services field. The platform is an addition to the firm’s current online presence, which is designed to cater for mortgage and protection advisers as well as protection-only advisers. The new website offers a user-friendly interface where candidates can explore career opportunities, gain insights into the company culture and training opportunities within the sector. The firm has said the platform aims to streamline the recruitment process and enhance the experience for industry newcomers, as well as experienced advisers and its HR team.

Alternative Bridging Corporation has promoted Mike Halsey to the role of business development manager (BDM) for Hertfordshire and Essex. Halsey joined the firm in April as an internal BDM, having previously held roles at First Union Mortgages, Enterprise Finance and West One Loans. As part of the new role, he will help brokers in Hertfordshire and Essex to find solutions for their clients who require bridging and term loans, as well as development finance for residential and commercial purposes.

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