Hinckley & Rugby for Intermediaries has introduced new buy-to-let (BTL) two-year discounted products at up to 80% LTV, alongside a 0.4% rate reduction on its limited-company product. The new range of two-year discounted products start from 4.99% and are available for landlord borrowers seeking to purchase or refinance. Alongside the new discounted range, the lender has reduced the rate on its limited-company BTL two-year discounted product at 70% LTV from 5.40% to 5%, and comes with a £1,249. Hinckley & Rugby said the changes were intended to support brokers working with a range of landlord borrower clients, including those seeking shorter-term flexibility during an uncertain time for interest rates.

Market Harborough Building Society has strengthened its broker-facing teams with two new specialist business development managers (BDMs). Victoria Taricska will now support brokers across South London and the South Coast as a field-based BDM. Parveen Kumari-Reynolds has also joined as a telephone BDM, focusing on brokers in the North and Scotland, aligning with the society’s recent launch into the Scottish market. The appointments come after The Market Harborough achieved a profit before tax of £3.6m in 2025, while its new lending increased by 17%.

Afin Bank has removed the product fee on its 95% LTV five-year fixed mortgage for successful applications in May, saving borrowers £1,495. The specialist lender said that while the incentive is available on all purchase mortgages, it could be beneficial for first-time buyers. The free product fee offer is available on 95% LTV five-year fixes in Afin’s prime and professional range, available at 6.49% and 6.34% respectively. The lend is already offering free legal fees on remortgages in May, saving borrowers £900 on standard legal fees for mortgages under £1m, rising to an average saving of up to £1,800 for loans between £1m and £2m.

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