Canada Life UK has appointed Rebecca Gladstone as its new head of public policy, a newly created role within the chief executive officer’s office. She has joined the specialist financial services firm from the Financial Services Compensation Scheme, where she was stakeholder and public affairs manager. Gladstone has also previously worked at FTI Consulting as a director in their strategic communications practice, where she acted as a service specialist, after beginning her career at the Association of British Insurers.

Accord Mortgages has reduced rates by up to 0.40% in order to offer better value to their broker and landlord clients. Effective from tomorrow, the lender has reduced selected three-year products at 60% LTV, with rates now starting at 5.49% with a £995 fee, free standard valuation and £250 cashback. The two- and five-year fixes are now at 5.54% at 60% and 5.34% at 65% LTV respectively. Both products come with a free standard valuation and remortgage legal services, with the two- and five-year fixes coming with respective £1,995 and £995 fees. Accord Mortgages has also extended its product end date to 28 February 2024 in order to offer maximum term value to brokers and their clients.

United Trust Bank (UTB) Mortgages for Intermediaries has reduced interest rates for its second charge loans by up to 1.14%. For example, UTB’s 0-status, five-year fixed rate without an early repayment charge (ERC) has been reduced from 9.64% to 8.5% for loans up to 65% LTV. Rates on the 0-status five-year fixes now stand at 8.1% up to 65%, and 8.4% and 8.65% at 70% and 75% LTV respectively. Furthermore, other 0-status five-year fixes without ERC are now at 8.8% and 9.2% at 70% and 75% LTV. The rate reductions follow UTB’s restructured criteria for its buy-to-let mortgage range.

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