News in brief - 20 August 2024

ModaMortgages has appointed Chantel Ford as its new intermediary sales development manager. Ford joins the firm from Chetwood Financial, where she served as servicing operations manager from 2020. As part of her new role, she will head up the firm’s internal sales team, which will be on hand to help brokers with their new business enquiries via telephone and email. The team will then work with the firm’s underwriters to help them answer with any questions.

Barclays has reduced rates across its existing customer reward range by up to 15 bps on selected products. Two-year fixed rates now start from 5.07% at 85% LTV with a £999 product fee, or 5.28% with no fee. Five-year fixes now start at 4.79% with a £999 fee and 4.88% with no fee at 85% LTV. As part of the changes, Barclays has withdrawn selected products in its residential purchase only range, including a two-year fixed rate at 85% LTV and two five-year fixed rate products at 75% and 85% LTV.

Alternative Bridging Corporation has appointed Chris Roscoe as business development manager (BDM) for the Northern regions. Roscoe joins Alternative Bridging from A Shade Greener Finance, where he served as a relationship director. He brings over 12 years of experience in financial services to the role, having previously held roles at NatWest, Amicus Finance, Kingsley Asset Finance and Seneca Bridging. As a BDM, Roscoe will support brokers in the North to provide solutions and loans for their clients.



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