Target Group has appointed Tom Trevorrow as its new chief commercial officer. A solicitor by training, he brings almost two decades of experience to the role from across financial services and the professional services sector. In his most recent role, Trevorrow served as managing director at Optima Legal, a Capita Group law firm, specialising in bulk mortgage conveyancing for many of the UK’s major banks and building societies. Prior to this, he held a number of senior roles within Capita and its group companies, including commercial director, head of legal and legal adviser. As part of his new role, Trevorrow will work closely with Target’s client teams to strengthen the customer experience and ensure client needs are being met.

The Mortgage Works has reduced its rates by up to 0.30 percentage points across selected buy-to-let products for new and existing customers, with rates starting from 3.69%. New business reduced rates start from 3.69% and 4.04% on its two- and five-year fixes, with a 3% fee up to 65% LTV, while its five-year fixed switcher rate starting at 4.15%, with a 3% fee, available up to 75% LTV. For new business limited company products, the two-year fixed rates at available up to 75% LTV, with rates starting from 4.99% with a 3% fee or 5.69% with a £3,995 fee. TMW’s two-year fixed switcher rate is available at 6.49%, up to 75% LTV.

Accord Mortgages has cut rates on some of its two- and three-year BTL products by up to 0.40%. The lender’s two-year remortgage fixes are now available at 5.79% at 75% LTV and 5.59% at 60% LTV, and comes with no fee, standard valuation and free remortgage legal work. The three-year remortgage fix starts at 5.04% at up to 60% LTV, and comes with a £995 fee, standard valuation and remortgage legal work. Accord’s house purchase rates start at 4.89% for a two-year fix at up to 75% LTV, with a £3,495 fee and a free standard valuation.

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