News in brief - 29 July 2025

Millbrook Business Finance has appointed Sally Chesterton as its new operations director. As part of the role, she will oversee all internal operations, processes, systems and delivery. Chesterton brings over 15 years of business finance experience to the role, having worked at businesses including Metro Bank Asset Finance, InterBay Asset Finance and Shawbrook Bank. Her most recent role was sales and operations director at Love Finance Limited, where she was responsible for 80 sales and admin staff, plus compliance.

Fleet Mortgages has reduced rates by up to 25 bps on a number of its two-year fixed rate products across its standard and limited company ranges. Changes include a 15 bps reduction to the lender’s 3% fee non-EPC A-C products, which is now available form 3.99%, previously 4.14%. A 15 bps cut has also been made to its two-year 3% fee EPC A-C products, from 4.04% to 3.89%. In addition, a 25 bps reduction has been applied to Fleet’s two-year fixed products (both £1,999 and £5,499 options) are now priced at 5.39% and 4.39% respectively. All of these products are available at 75% LTV for both standard and limited company borrowers and come with a free valuation for property up to £500,000.

Castle Trust Bank has launched a new website to deliver an enhanced user experience that makes it quicker and easier for brokers for find the right ridging and term loan solutions for their property investor clients. The new website features clearer signposting, a new layout and simplified navigation to help brokers access the information they need with greater ease. In addition, the site introduced improved accessibility, meeting the latest WCAG website standards. The website upgrade is the latest in a series of improvements designed to support brokers and streamline the lending process.



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