- finova has announced the extension of its partnership with The Cambridge until October 2030. Through this partnership, finova will continue to enhance the lender’s banking technology over a series of upgrades. Since partnering with finova, The Cambridge has been able to provide its customers with a range of new products, including new broker and consumer mortgage retention solutions. It has also incorporated finova's latest eBanking and mobile journeys, enabling customers to seamlessly track and manage their own applications. This extension allows The Cambridge the time to strategically assess and plan for the latest Apprivo SaaS technologies on offer from finova for future originations.

- Atom bank has reduced rates across its variable rate commercial mortgage products by 0.30%. As a result, rates now start at 2.12% above base rate for loans at 45% loan to value.

- ‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, has launched two new HMO products specifically for first-time landlords. ‘Buy to Let by Foundation’ define first-time landlords as someone who has not operated a residential buy-to-let property within the last 12 months. They also stipulate the applicant must currently be an owner-occupier. The two new products for first-time landlords are within the standard HMO definition – for up to six occupants – and are available within the F2 range – for clients financing a more specialist property type and/or those with some historical blips on their credit rating. Both products are available up to 75% LTV with the two-year fix starting at 6.84% and the five-year fix starting at 6.49%. Each comes with a 2% fee.

- Paradigm, the mortgage, protection and compliance services proposition, has added specialist finance broker, The Loans Engine, to its referral partner panel. From today, Paradigm member firms will be able to refer clients to The Loans Engine to access its wide range of specialist finance lender relationships and product solutions. The Loans Engine offers access to a wide range of specialist mortgage finance covering sectors such as second-charge, specialist first-charge buy-to-let, asset finance, bridging, commercial, and development finance.

- Hampshire Trust Bank (HTB) announced the appointment of Josh Swaby as business development manager (BDM) for the North of England within its development finance team. In his new role, Josh will be responsible for building broker relationships, raising awareness with developers, as well as supporting the bank’s existing brokers, within northern England.

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