News in brief - 13 August 2024

Butterfield Mortgages has expanded its client relationship team by appointing Harry Smith as assistant relationship manager and Maame Osei Antwi as client relationship manager. Smith has worked in the financial services industry for over a decade, with a focus on mortgages and high-net worth individuals. He joins the firm from Coutts, where he worked for five years, having started his career at Nationwide Building Society. Antwi joins Butterfield Mortgages from accountancy firm, Grant Thornton, where she started her career in audit.

Daniel Jones has been appointed as bridging and commercial sales manager at Norton Group. He joins the firm with over 14 years of expertise in lending. His previous role was as a senior business development manager at Reparo Finance, specialist in first and second charge secured lending. Prior to this, he spent a decade as a local business manager at Lloyds Bank. As part of his new role, Jones will head up the bridging and commercial loans department and will be responsible for growing the existing client base and building relationships with new and existing intermediaries.

LiveMore has made rate reductions across its product range by up to 1.06% The greatest rate cuts apply to longer term fixes, while July’s limited edition rate cut to two-year fixes is now permanent. The rate reductions apply across LiveMore one to four products for standard interest-only, standard capital and interest, and retirement interest-only (RIO) mortgages. The LiveMore one standard five-plus-five-year fixed rate mortgage now starts from 5.42%, while its RIO five-plus-five-year fixed rate mortgage has been cut by 1.02%. The lender’s one 10-year fixed rate on RIO, standard and fixed-for-term are now down by up to 0.71%.



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