Quilter has appointed Priti Verma to the role of chief risk officer. Verma will join the firm in the second quarter this year and will be responsible for the governance and oversight of strategic, operational and financial risks to the Quilter businesses. She has previously held senior risk management roles at several financial services firms including Schroders, Aviva Investors, Pictet Asset Management and Smith & Williamson. Her role is subject to regulatory approval and she will report to Quilter CEO, Steven Levin.
Suffolk Building Society has launched a new five-year fixed expat buy-to-let product for properties with an Energy Performance Certificate (EPC) rating of A to C. The product is available on both purchase and remortgage cases for expat landlords. The society said the catalyst for launching the new product is the government’s proposed requirement for all newly rented properties to have an EPC rating of C or above by 2025, followed by all existing tenancies by 2028.
LiveMore Capital has unveiled a new rebrand with messaging that reflects its new broader product range. The lender has confirmed it will now offer capital repayment mortgages as well as interest-only products. LiveMore has also unveiled a new logo, strap line and identity, emphasising its lending to people aged in their fifties through to people over the age of 90. The lender worked intermediaries directly to create its new brand direction.
Knowledge Bank has launched a new interactive criteria guide for lenders to promote their criteria in more places to brokers. The UK’s largest database of mortgage lending criteria has described the guide as “the first of its kind” and will give lenders the ability to promote their criteria not only on their website but on email footers, at shows and events via QR code or on social media. Knowledge Bank said it is fully searchable and provides detailed information on all of the lending types supported by the lender, as well as facilitating real-time updates to criteria.
CHL Mortgages has reduced rates on its two and five-year fixed products across its core and refurbishment buy-to-let (BTL) ranges. The lender has also reintroduced 75% LTV options on its five-year fixed rate and three-year tracker products. CHL has also added further product fee options to the five-year fixed product range, including a fixed fee of £1,999, available to maximum loan sizes of £200,000, while the lender has confirmed the introduction of three-year tracker products across its core range, with the 75% LTV option carrying a 2% product fee, and rates starting from 5.94%.
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