News in brief - 15 May 2025

Movera has appointed Glen Walker as its new director of professional standards, as the company looks to strengthen its commitment to quality, compliance and risk management. He brings over two decades of experience in client facing and risk-focused roles, having worked across large financial institutions and specialist firms. In his first 100 days, Walker has introduced a new risk management framework, implemented a risk management platform and has begun reshaping the professional standards function to support the firm’s growth plans.

Mortgage Broker Tools (MBT) has launched a new vulnerable customer disclosure information service, providing brokers with a searchable database that outlines how to declare a customer as vulnerable to each lender. The service has been developed in response to brokers feedback and is designed to help intermediaries to meet their regulatory obligations, while delivering advice to clients with additional needs. The vulnerable customer disclosure information database is now live on the MBT platform and will be updated regularly to reflect changes in lender policy.

Vida Homeloans has cut rates across its residential and buy-to-let ranges by up to 0.45% and 0.5% respectively. In addition, the firm has launched new limited edition buy-to-let products at 65% LTV, available with both two and five-year fixed terms. These new offerings come with a 4% fee, with rates starting from 3.52%.



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