MPowered Mortgages has reduced rates across its two-year fixed rate purchase mortgage range by up to 0.13%. Two-year fixes at 60% LTV with a £999 arrangement fee now start at 4.63%, and 4.89% with no arrangement fees, available to both those moving home or first-time buyers. New data released by the lender has shown that for the first six months of 2022, 21% of fixed rate products selected by those moving home were for a two-year period. This compares to 38% currently for 2024.

London Credit has strengthened its team with three new hires. Jake McCausland has joined the firm to lead the lender’s planned expansion into development lending, which is expected to launch later this year, having held previous roles at Wellesley Finance and Fiduciam. Wesley Hawthorn has also joined the firm as a senior business development manager (BDM) to support the lender in establishing its development finance division and expanding its market presence. Drena Gashi also joined the firm as a senior BDM, having previously held roles at JP Morgan Chase and various UK specialist lenders.

The Right Mortgage & Protection Network has appointed Danielle Wilson as its new marketing team leader, initially covering the maternity of Katey Looney. She will report to operations director, Nicola Ventrella, and will be responsible for a range of marketing initiatives and activity supporting advisory firms and helping drive member across the range of the firm’s proposition. Wilson rejoins The Right Mortgage after initially being a marketing executive at the business between 2021 and 2023. She joins the network from Homeflow, where she was a marketing manager.

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