Hanley Economic Building Society has reduced the rate on its 95% LTV two-year fix by 0.31%, with rates starting from 5.44%. In order to reduce upfront fees, this includes a free valuation alongside no application or arrangement fees and £250 cashback, which will be paid on completion of the mortgage. The lender has also introduced a fee-free five-year fixed retirement interest-only (RIO) mortgage with no ERCs and no overpayment restrictions. The RIO mortgage product starts at 5.55% is available up to 65% LTV for purchase and remortgage products. The product can only be offered to applicants who are already retired and aged 55 and over. It also includes a free valuation alongside no application or arrangement fees as well as £250 cashback.
Hampshire Trust Bank (HTB) has introduced a new business development executive (BDE) role within its bridging team. The move aims to streamline support and provide faster responses. The BDEs will work alongside HTB’s field-based business development managers (BDMs), ensuring that brokers always have a point of contact, whether managing new enquiries, assisting with case onboarding, or progressing complex deals. BDEs will also gather feedback form brokers to help HTB evolve in the market. Olivia Colmer-Lynch and Ross Sheppard have been appointed to the new BDE roles. Colmer-Lynch has spent five years at HTB, most recently as senior lending manager in the bridging division, while Sheppard brings nearly three years of experience as a BDM in development finance and bridging.
Jane Thirwell has been appointed as director of transformation and change at LSL’s financial services division. She joins from Sesame Bankhall Group where she served as director of programme management for the last two years. As part of this role, she delivered business solutions to support wealth, mortgage and insurance advisers across the appointed representative network, directly authorised offering and mortgage club. Thirwell has also previously worked in various senior change implementation roles at Aviva.
Latest News
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House price growth slows to 3% – ONS
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Inflation remains unchanged at 3.8% in September
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£8.8bn worth of BTL loans advanced in Q2
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Quilter reports third successive quarter of £2bn+ inflows
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IHT receipts total £4.39bn in six months to September
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Younger advisers more likely to work with new clients, study finds
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
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