News in brief - 5 August 2024

Landbay has lowered rates across its standard five-year fixed and small HMO/MUFB ranges. Rates have been cut by as much as 0.20%, following reductions of up to 0.40% across its standard two-year and new non-portfolio products. Rates on the standard five-year fix now start from 4.34% at up to 75% LTV, while two- and five-year small HMO/MUFB products have been reduced by up to 0.10%, starting from 4.19% and 5.09% respectively at 75% LTV.

Rosemount Financial Solutions (IFA) has welcomed a host of new advisers. The network has seen its ranks increase during 2024. The new appointed representatives will join from a range of firms from across the country, including central London, Coventry, Devon, Leicestershire, Bristol, Swansea and Kent. Rosemount has also welcomed a host of advisers joining the networks as trading styles. These include Kevin Norwood, trading as Mortgage Source in Hampshire, Ian Singleton, trading as Orchard FS in Hereford, and Alistair Fitt, trading as Hereford Wealth and Financial Planning in Hereford.

Yorkshire Building Society Commercial Mortgages has appointed Angela Norman as its interim managing director. She has moved from her existing role as head of lending, where she managed the lending teams, focusing on enhancing the support provided for portfolio landlords and owner-occupier businesses and led the lender’s growth plans. She has replaced Tom Simpson, who is stepping up to the role of interim chief commercial officer at Yorkshire BS, covering all brands at the society. Norman joined the society in June from Recognise Bank, and has worked in the commercial finance industry for over 25 years.



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