News in brief - 3 July 2026

Hanley Economic Building Society has appointed Jeremy Wood as a non-executive director.

He has spent his entire career in the banking and building society sector, beginning his career at NatWest before moving into senior roles at Nationwide Building Society. He also served as interim CEO at One Savings Bank before being appointed as chief executive at Dudley Building Society.

Since retiring from executive leadership, Wood has remained active in the sector and is chair of the Building Societies Association Pension Scheme, chair of My Community Bank and a trustee of a special educational needs school in Birmingham.

Keystone Property Finance has launched a number of special edition HMO and MUFB products as part of a streamlining of its buy-to-let (BTL) range.

The specialist BTL lender’s new special edition range offers a 15 bps reduction on its core range, with rates starting from 3.34%.

Keystone has also simplified its fee structure and now offers 2.5%, 5% and 7% fee options across its standard, specialist, expat and holiday let ranges.

Precise has launched a new range of 60% LTV limited edition products, alongside targeted rate reductions across key areas of its residential mortgage proposition.

Its limited edition products feature £300 cashback, a £1,495 fee and help form part of a wider refresh across the lender’s residential offering, which includes selected rate reductions.

The enhancements are designed to provide brokers with more options for customers seeking to improve affordability through lower monthly payments and reduce borrowing costs. Rates now start from 4.99% on a two-year fixed rate at 60% LTV with a £1,495 fee.

ModaMortgages has announced a reprice of its limited edition BTL range, with reductions across a number of two- and five-year fixed products.

The latest changes see five-year fixes at 75% LTV reduced by 10 bps, with five-year 80% LTV products reduced by five bps. Rates now start from 4.84% for standard properties and 4.94% for small HMO/MUFBs.

On its two-year range, rates at 75% LTV for both standard properties and small HMO/MUFBs have also been reduced by five bps, with rates starting from 3.29% and 3.39%.



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