News in brief - 18 February 2026

Chetwood Bank has appointed Simon Parish as business development manager (BDM) for the South East region. He has two decades of experience after previous roles as a BDM at Metro Bank, Paymentshield, SortRefer and LiveMore Mortgages. Parish has spent the past two years working as a self-employed mortgage broker and is the latest addition to Chetwood’s dual-branded ModaMortgages and CHL Mortgages sales force.

Keystone Property Finance has made further cuts to its new business and product transfer (PT) ranges. The specialist lender has reduced rates by five bps across all new business products, including its standard, specialist, expat and holiday let ranges. It has also reduced rates by 10 bps across its PT and PT Plus ranges. Following the changes, its standard and specialist ranges start from 2.74% and 2.79% respectively. Its expat range is available from 4.09% and its holiday let products start from 4.84%. Finally, its PT and PT Plus ranges are available from 4.84%.

Pepper Money has reduced rates by 0.50% across its buy-to-let range at 70%, 75% and 80% LTV, covering both Pepper 48 and Pepper 36 products, including HMOs. The changes apply across two- and five-year fixes, with the lowest rate now reduced to 3.94% on the Pepper 48 Light five-year product at 70% LTV. On Pepper36 Light and Pepper48 Light HMO, rates start at 4.14% at 70% LTV respectively. The specialist mortgage lender said that the move strengthens its proposition ahead of a “significant remortgage cycle”.



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