Dudley Building Society has launched a new mortgage product linked to the Home Ownership for People with Long-Term Disabilities (HOLD) scheme. This new product is an exclusive with MySafeHome, an adviser for HOLD mortgages. The HOLD scheme supports borrowers with long-term disabilities to get onto the housing ladder, facilitating their need for an independent living situation that is “safe, secure, and sustainable”. The society has had a relationship with MySafeHome for several years and has already provided help to many individuals with long-term disabilities.

Hampshire Trust Bank (HTB) has made several changes to its holiday let proposition, in a move to highlight its appetite in this area of specialist buy-to-let (BTL) lending. The bank has increased three of its limits relating to short-term let properties. HTB’s maximum number of short-term lets allowed in a single portfolio is now 10, increased from 4.The maximum loan amount on a single short-term unit is now £1.5m, which is up from £1m, while the maximum exposure to short-term lets in a portfolio is now £5m, increased from £2m. These changes take place with immediate effect, HTB confirmed.

Crystal Specialist Finance has announced the appointment of Jodie Worswick as a new business development manager (BDM). Worswick joins from Santander where she was also a BDM, supporting more than 250 brokers across the UK. Crystal Specialist Finance works with IFAs, financial intermediaries and the professional service sectors across the country with access to over 100 lenders, including exclusive product lines and lenders who have extremely limited distribution.

Recognise Bank has agreed a £2.6m refinance package for a 35-unit mixed residential development in Carlisle. The development consists of 15 two-storey three-bedroomed townhouses, 15 two-bedroomed apartments and five one-bedroomed apartments. Recognise provided a five-year fixed interest only professional buy-to-let loan at 75% LTV, with a capital and interest repayment slice in years four and five.

LiveMore Capital has appointed a new head of intermediary sales as it restructures for future growth. Alison Pallett will move from the managing director of sales role to become a board adviser for LiveMore. The lender said the restructure is part of a move to strengthen the firm’s strategic and tactical depth. Phil Quinn has been appointed by LiveMore as its new head of intermediary sales, joining from Together, where he had been the head of national accounts since 2020.

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