Fleet Mortgages has announced it is launch new buy-to-let (BTL) green mortgages. The BTL specialist lender is also reintroducing 65% LTV products across its three core ranges – standard, limited company and LLP, HMO and multi-unit freehold block (MUFB). Fleet confirmed that the new green products are available to landlord borrowers seeking to purchase or remortgage properties which have an Energy Performance Certificate (EPC) rating of A through to C, and are five-year fixes available at 75% LTV.

Bridging lender, TAB, has announced that it completed £34m of loans in August – a figure up from £30m in June and July. The lender completes 8 loans totalling £34m in August which beat the firm’s previous record month, set in April, when it completed 11 loans totalling £23.7m. August’s loans included the completion of a £5.5m first charge residential deal secured against a 53-storey residential block of flats located in Canary Wharf.

United Trust Bank (UTB) has announced the appointment of Sundeep Patel as director of bridging. Patel, who will have a mandate to grow the bank’s short-term lending business, will take up his new role in November 2022. He has worked in the financial services industry for over 20 years, most recently as director of sales and member of the Commercial Executive Committee at specialist lender, Together, and was in charge of its intermediary channel. Before joining Together in 2018 he was national sales manager at Precise Mortgages.

Zinga Financial Services has completed a complex case with specialist lender Pepper Money, helping a self-employed customer with minor adverse to purchase a new home. The broker was working with a couple, one of whom was self-employed and wanted to borrow 85% LTV to purchase a property in London. However, the self-employed applicant had a small financial blip due to missed payment over four years ago following a change of address, so their circumstances weren’t straightforward. However, Pepper Money lends to self-employed customers based on their latest year’s accounts and consider adverse credit, and was able to offer the customer a two-year fixed rate mortgage at the LTV they required.

Landbay has appointed Paula Dowson to the role of regional account manager for the North East of England. Dowson has over 20 years of experience having started her career at Northern Rock and joins Landbay from Castle Trust Bank where she held a similar role. She already knows many of the brokers in the region she is covering and Landbay suggested sh will be able to “hit the ground running” to help the firm boost its lending.

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