Darlington Building Society has launched two new limited company buy-to-let products to give property investors greater flexibility and choice when structuring their portfolios. The new range includes two and five-year fixes at 5.29% and 5.39% respectively at 75% LTV. Each product comes with a £999 product fee plus valuation fee. The range is available through the society’s intermediary network and is open to first-time buyers and first-time landlords. The products are also available for holiday let properties.
Investec Save has increased the interest rate on its one-year fixed rate saver by 0.4% to 4.50%. The savings provider said that this is currently one of the highest rates available for one-year fixed rate accounts. The increase comes after the Bank of England base rate has been cut three times in 2025 to 4%, with Investec economists predicting that the base rate could fall to 3.25% by the end of 2026. The firm’s two and three-year terms are available from 4.05%.
Chief executive at Melton Building Society, Simon Taylor, has been elected as the new chair at the Building Societies Association (BSA). He previously served as deputy chair at the BSA, and will succeed the chief executive at Principality Building Society, Julie-Ann Haines. The BSA represents all 42 UK building societies, as well as two mutual-owned banks and seven credit unions. Building societies and mutual-owned banks have total assets of almost £650bn and together with their subsidiaries, hold residential mortgages of over £485bn, 29% of the total outstanding in the UK.










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