Hampshire Trust Bank (HTB) has appointed Ross Sheppard as its new business development manager for bridging. He will make the move over from HTB’s development finance division where he worked for almost two years as business development manager. In his new role, Sheppard will be mainly responsible for managing broker partners, primarily across the Midlands and the north of England, working with the head of sales to ensure all strategic targets are met within these accounts.

MPowered Mortgages has reduced rates across its residential mortgage products. All mortgage rates on its two, three and five-year fixed rate products have come down by at least 0.05%, allowed for borrowing to be as affordable as possible for customers during a period of economic instability. For two-year fixed rates at 60% LTV, the lender is now offering rates as low as 5.66%, a reduction of 0.13%, with increased in interest as LTV rates increase. Three-year products now start at 5.74% at 75% LTV, with five-year fixed rates beginning at 5.44% at 75%, down from 5.49%.

The Consumer Duty Alliance has announced the appointment of Michael Lawrence as the chair of its new Consumer Duty Champions’ Forum. Lawrence worked at the Financial Conduct Authority (FCA) for 16 years, most recently as a technical specialist in consumer investments supervision. He joined Bovill as principal consultant in February this year to advise clients on the regulatory frameworks governing advised and non-advised pension and investment models, product governance, as well as complaints and redress.

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