News in brief - 2 July 2026

Kate Grimoldby has been appointed as corporate affairs director at the specialist lender, Together.

She joins after serving as director of investor relations and strategic projects, where she was responsible for developing and delivering a global investor relations strategy. She also held senior roles at Lloyds Banking Group and Royal Bank of Scotland.

As part of her new role, Grimoldby will lead a programme to engage investors and communicate progress against its long-term strategy, and it comes as the business relocates its investor relations team to its head office in Cheadle, Greater Manchester.

Atom bank has reduced rates across its prime mortgage range for the second time in the past couple of weeks.

Rates have been reduced by 0.15% across the range, following a 0.15% cut in the middle of June.

As a result, rates now start from 5.14% for two- and three-year fixed rates at up to 85% LTV, with a £900 product fee, while its five-year fixes start at 5.19%.

Foundation has announced a series of enhancements to its proposition, including reintroducing the F1 £4£ remortgage-only product and rate reductions across residential and buy-to-let (BTL) product transfers.

The intermediary-only specialist lender’s F1 £4£ remortgage only two-year 75% LTV fix now starts from 3.99% with a 4% fee, and also includes a free standard valuation and no application fee. It has been designed to offer a competitive shorter term refinancing option for landlords who are not looking to extend borrowing at this time.

Alongside the product relaunch, Foundation has reduced rates by up to 0.25% across its residential and BTL product transfer ranges, further strengthening its overall product transfer proposition.

Accord Mortgages has strengthened its offering with a new dedicated larger loans service, designed to simplify and tailor the application journey for brokers with residential cases worth £1m or more.

The service has been introduced following a small-scale pilot to test the concept, means that brokers will be automatically allocated a specialist underwriter at decision-in-principle (DIP) stage, who will stay with them right through to completion of the loan.

It supports a range of borrowing scenarios, including loans up to £5m at 75% LTV, up to £2.6m at 85% LTV, and up to £1m at 90% LTV, and is available for both home purchases and remortgages.

LendInvest Mortgages has cut rates by up to 10 bps on its two- and five-year BTL range.

As a result, its lowest rate now starts from 3.74%.

The rate reductions come after the lender announced the launch of its suite of semi-commercial BTL products, designed to allow professional property investors to enhance their portfolios through mixed-use properties.



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