Pepper Money has launched an enhanced free legals service, covering the cost of legal work required on remortgage applications, including those for debt consolidation. The service is managed by Optimus’ panel management services, which provide introducers with access to a select panel of pre-approved and regulated partners who are focused on delivering a seamless service. The free legal proposition now includes debt consolidation, irrespective of the number of debts to be repaid. In addition, the proposition is being supported by the distribution of a new broker and consumer facing guide. The improvements safeguard service levels for both brokers and their customers. Providing remortgage customers the choice of either a free legals, or £350 cash back for all residential and DMP products.

Just Mortgages has appointed Wayne Saker as its new area director for the South in a bid to strength its support for self-employed brokers. He brings two decades of experience in financial services, recruiting and mentoring brokers. As part of the new role, Saker will bring new recruits through the self-employed process, while supporting existing brokers in expanding their business plans, building their own teams and targeting opportunities beyond traditional mortgages and protection. Living on the South coast, he will cover the Jurassic coast, Kent, Greater London and the capital. Saker joins from Countrywide, where he started as a mortgage consultant in 2003. He has served as regional sales manager, financial services director and most recently, regional mortgage services director during his time at the firm.

Accord Mortgages has made rate cuts to its buy-to-let product range, with rates dropping by up to 0.46%. As of tomorrow, two-year products will drop by up to 0.46%, with three- and five-year products dropping by up to 0.16% and 0.35% respectively. For house purchases, a five-year fixed rate is available at 5.24% at 60% LTV, with a two-year fix at the same LTV also available at 5.64%. For two-year fixed rate home purchases at 75% LTV, rates have been dropped to 5.84% and 5.44% respectively. All of these products come with a £1,995 fee, free standard valuation and £500 cashback.

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