News in brief - 29 November 2024

Fleet Mortgages has relaunched its range of 65% and 75% LTV five-year fixed rate products with both fixed and zero fee options. The products are available across the lender’s product ranges, standard, limited company and HMO/MUB. On its standard and limited company ranges, fixed products start at 5.39% and 5.49% at 65% and 75% LTV respectively with a £3,999 fee, while fee-free options starting at 5.64% and 5.74% respectively. For HMO/MUB products, rates start at 5.79% at 65% LTV and 5.89% at 75% LTV with a £3,999 fee, with the fee-free option starting from 6.14% at 75% LTV.

Hinckley & Rugby Building Society has appointed Nina Andrew and Lauren Baylis to its intermediary team, joining as telephone business development managers (BDMs). Andrew joins the firm with over a decade in the financial services sector, having held roles such as protection specialist and business support manager at the Mortgage Advice Bureau, while Baylis joins having served as a mortgage broker at Strike Financial Services and Purplebricks. As telephone BDMs, the pair will serve as the first point of contact for brokers, addressing queries and assisting with applications.

Zephyr Homeloans has reduced rates on its two- and five-year mortgage products by up to 10 bps. The lender is now offering a range of fixes for properties with an EPC rating of between A and C, with two- and five-year fixes starting at 3.19% and 4.80% respectively. On HMO/MUFBs, rates start at 3.39% and 5% at two- and five-year fixes. For properties with an EPC rating of between D and E, two- and five-year rates start at 3.29% and 4.85% respectively, while HMO/MUFB products start at 3.49% on a two-year fix and at 5.05% on a five-year fix. All products are available at 65% LTV and come with a 7% fee.



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