Market Financial Solutions (MFS) has revealed that 49 members gained promotions in 2023, including several team members rising to management positions, whilst actively hiring across a number of vacancies. MFS has also bolstered its legal and compliance department. The firm brought in Ryan Magee in September 2023 as general counsel and since then, a fully-fledged money laundering reporting officer, and paralegal and legal secretary have been added to the team. The specialist lender’s team grew to over 100 in size in 2023, with Karen Rodrigues joining MFS as head of national accounts and Imogen Williams and Thomas Gill both becoming key accounts managers.

Newcastle Intermediaries has launched a new range of base rate tracker (BRT) products to compliment its recently reduced range of fixed rate products. The new range of two-year BRT products come with fee assisted options and no early repayment charges, providing greater choice and flexibility to brokers and their clients who want the flexibility to manage a change in mortgage needs in the short-term.

Zephyr Homeloans has announced reductions across its two- and five-year fixed rate mortgages by 55 and 65 bps respectively. The lender is now offering products for properties with A-C EPC ratings at 4.80% and 5.30% for two- and five-year standard buy-to-let mortgages respectively at 65% LTV and a 5% product fee. Zephyr is also offering two- and five-year BTL mortgage fixed at 4.90% and 5.40% respectively at 65% LTV and with a 5% product fee for properties with and D to E EPC rating.

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