Spicerhaart Corporate Sales has appointed David Hunter as its new client account manager. He brings more than four decades of experience to the asset management firm of the property group, and will work closely with clients including banks, building societies and mortgage lenders to support the management of their property portfolios. Prior to joining Spicerhaart, Hunter worked as senior business development manager for two years at Rockstead. He also spent more than six years with NatWest Intermediary Solutions as an account manager and as a property risk and proposition manager.

Atom bank has reduced rates by up to 0.25% across its fixed rate standard commercial mortgage range, following broker feedback. Rates for new applications on commercial investment cases now start from 5.88%, while for commercial owner-occupied cases, rates begin at 5.68%, based on cases at 45% LTV or lower. A further 0.25% rate reduction is available on all cases between £1m and £4m.

The Co-Operative Bank for Intermediaries has reduced selected residential rates by up to 19 bps. The bank said that the move reflects an easing rate environment and a “strategic alignment with broader market trends”. As a result, the Co-Op is now offering two- and three-year fixes at 4.10% and 4.06% respectively, both at 60% LTV with a £999 fee and the option of £250 cashback.

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