Atom bank has reduced rates across its commercial mortgage products. As a result, variable rates now start at 2.08% above the base rate for loans at 45% LTV. Atom bank offers commercial mortgages up to 75% LTV for loan sizes up to £1m, while larger loans of more than £1m can be obtained up to 70% LTV. For trading business products at 50% and 60% LTV, rates start at 2.59% and 2.89% above the base rate respectively. For property investment products, rates start at 2.54% and 2.84% at 50% and 60% LTV respectively.

Standard Life Home Finance has expanded access to its horizon interest reward product by introducing a 25% interest served option and a facility for customers to be rewarded larger rate discounts from 0.03% to 0.075%. The product offers a rate discount for customers who are willing and able to commit to making set monthly interest repayments for a specified term of their lifetime mortgage. The introduction of the new 25% option will give more customers access to the benefits offered through a horizon interest reward product plan.

Skipton Building Society has appointed Manj Dhinsay as its new senior intermediary lead. She joins from Coventry Building Society, where she has spent over two decades, starting as a mortgage adviser before transitioning into management roles. In 2013, Dhinsay moved to the intermediary sector, leading inbound broker support teams, managing telephone business development manager (BDMs) operations and leading the specialist support team for BDMs.

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