Fleet Mortgages has appointed Nicola Richardson as its new managing director. She has been with the buy-to-let specialist lender since its launch in 2014 and has played a role in building and scaling the business from the outset. Richardson initially joined Fleet as head of finance, establishing the lender’s finance function and has since progressed through a number of senior roles including finance director, chief financial officer and most recently, chief finance and operating officer. Fleet said her appointment marks over a decade of progression within the business, during which time, she has worked across multiple disciplines and has helped shape its structure, proposition and long-term strategy.

Landbay has launched eight new five-year fixed products at 70% LTV within its premier range, alongside a 0.15% rate reduction across its premier small HMO two-year products, including product transfers. The new premier additions include both standard and remortgage AVM products, all available with a range of zero, 2%, 3% and 5% fee options. Selected new premier five-year fixes include rates starting from 4.52% with a 5% fee to 5.52% with zero fee. Landbay has also reduced rates across its 75% LTV two-year fixed small HMO products, with rates starting from 4.74% with a 3% fee and 5.74% with a 1% fee. Product transfer equivalents are available from 4.79% with a 3% fee and 5.79% with a 1% fee.

Leeds Building Society has reduced rates across its mainstream residential mortgage range by up to 0.12% and select shared ownership mortgage rates by up to 0.35%. As a result, its residential two- and five-year fixed rates now starts from 5.59% and 5.42% respectively. Meanwhile, its two- and five-year shared ownership rates start from 5.44% and 5.29% respectively. All products are available up to 95% LTV with no fee payable upon completion. The products also come with a free standard valuation.

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