LendInvest Mortgages has lowered rates across a selection of buy-to-let (BTL) products. All two-year fixed term loans will be reduced by 10 bps, with the lowest rate now at 3.14%, which is the lender’s lowest rate of the year. Furthermore, the lender has cut five-year products for standard properties, small HMO and MUFBs by 5 bps. For large HMOs and MUFBs, LendInvest has reduced rates by 10 bps and has increased the maximum loan amount from £1m to £1.5m at 75% LTV.

Dudley Building Society has appointed Adam Holmes as telephone business development manager (TBDM). He joins the society from Paradigm Mortgage Services, where he spent more than four years supporting advisers as a mortgages technical services adviser. In his new role, Holmes will be the first point of contact for brokers using The Dudley’s intermediary channel, providing case guidance, product insights and tailored support.

Shawbrook has launched a new easy access bonus savings account for new customers, paying 4.31% AER for the first 12 months. The rate also comes with a 2.31% AER bonus rate for the first year before reverting to the standard variable rate. The account can be opened with a minimum balance of £1, with unlimited deposits and withdrawals with next working day access. Furthermore, the product offers monthly interest payments.

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