Furness Building Society has announced rate cuts across its resi and buy-to-let (BTL) range. The updated residential product range features a two-year fixed rate at 4.85% on purchases up to 80% LTV, while its five-year fixed rate at 80% LTV starts at 4.54%, both with a £999 fee. For landlords, the society is now offering a range of fixed-rate unregulated, regulated and consumer BTL products up to 80% LTV, with holiday let products available up to 75% LTV. The most “competitive” BTL option is a two-year fixed rate at 4.69% for cases up to 65% LTV.

OSB Group has opened a new office building in Wolverhampton which will accommodate 364 colleagues and incorporates a number of energy efficiency measures and facilities including a multi-faith room, a wellbeing centre and informal meeting areas. The new building replaces the use of two smaller offices and brings together colleagues working across underwriting, sales and servicing to create an improved collaborative workspace all under one roof. The specialist lender has committed to achieving net zero by 2030.

Compare the Market has appointed Jameel Lalani as its new commercial director for money. In his new role, Jameel will be responsible for Compare the Market’s money products including credit cards and personal loans as the firm looks to build a team and expand its choices for customers. Lalani joins the firm from proptech company, Smoove, where he spent four years as chief product officer. Before this, he spent also five years at Moneysupermarket Group, where he held commercial director roles covering mortgages, banking and MoneySavingExpert.

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