GW Financial Solutions has adopted the MorganAsh Resilience System (MARS), enabling it to identify and support vulnerable clients faster and at greater scale than was possible through manual processes.

Following a successful trial, the debt advice firm has integrated MARS directly into its CRM system via the MARS API, gathering client information at first contact, with a resilience rating generated automatically, and an instant recommendation surfacing for the adviser if needed.

The integration also addresses the Consumer Duty reporting challenge directly, with MARS capturing vulnerability data across the entire client book, enabling GW Financial Solutions to report on the prevalence and nature of vulnerability.

Nationwide has reduced rates further across its fixed rate mortgage range by up to 0.19%, and has also cut rates on selected tracker mortgages by 0.12%.

As a result, its two-year remortgage 90% LTV fix now starts from 5.20% with no fee, while its switcher five-year 60% LTV is available from 4.44% with a £999 fee.

Nationwide’s first-time buyer five-year fix at 60% LTV is also available at 4.37% with a £999 fee and £500 cashback upon completion, and for new and existing customers moving home, three-year fixes at 95% LTV start from 5.16% with a £999 fee.

United Trust Bank (UTB) Mortgages has strengthened its buy-to-let (BTL) proposition by appointing Frankie Kitchen as BTL key account manager.

Kitchen joined UTB’s mortgage sales team as a business development manager in September 2024, and in his new role, he will be tasked with focusing on strategic relationships with key broker partners in the BTL market, increasing awareness of UTB’s enhanced BTL proposition and supporting intermediaries with regular training, market updates and access to expertise.

His appointment comes as UTB prepares to introduce a series of product and criteria enhancements to its BTL propositions, continuing the investment made across its residential, second charge and bridging businesses over the past year.

Aspen has delivered a second prime Central London facility in seven days, completing a £2.475m bridge-to-let for an auction purchase for a Spanish-registered corporate entity in three weeks.

The transaction ensured the acquisition of a four-bedroom penthouse apartment, which extends to over 3,000 square foot in Kensington and Chelsea.

The purchaser secured the asset at an auction price and will retain the property as a long-term investment within the private rental sector. The bridge was finalised on a flat rate of 0.84% per monhs over nine months on a serviced BTL period at 6.89% per annum over two years.

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