GB Bank has appointed Asim Shirwani as its head of bridging, as the specialist bank launches a new bridging team.

In his new role, Shirwani will take on a market-facing position focused on driving the bank’s bridging business, while also helping to support the wider lending proposition and deepen relationships across the intermediary market.

He brings almost 20 years’ experience across both bank and non-bank lending, covering short-term bridging finance and longer-term property finance structures, having previously held senior positions at Hilco Real Estate Finance, Cynergy Bank, Lendhub and Metro Bank.

Molo has reduced rates by 10 bps across its UK resident two- and five-year buy-to-let (BTL) range.

Two-year rates for standard BTL products now start at 2.85% at 75% LTV, while five-year fixed rates start at 4.55%.

Pricing across its specialist product range, including HMOs, new builds and holiday lets, as well as its semi-commercial offering, remains unchanged, with rates starting at 3.01% and 5.65% respectively.

Quilter Financial Planning has added SRB Financial Planning to its advice network as a new strategic partner firm.

SRB Financial Planning is based in Scotland’s central belt and has approximately £250m of assets under advice. The family-run firm has three advisers supported by a six-person team across paraplanning and client services.

The firm, which was founded in 2010 and focuses on long-term financial planning including retirement, investment and inheritance tax advice.

Landbay has announced a further round of rate cuts by five bps to 18 premier products.

The 18 products cover five-year fixed rates, available up to 75% LTV, for both purchase and remortgage, including both AVM and product transfer options.

As a result, its purchase/remortgage fix with zero fee now starts from 5.40%, while remortgage AVM product with a 1% fee is available at 5.20%. Furthermore, its remortgage free valuation product starts from 5.44% and its product transfer option is available from 4.49% with a 5% fee.

Paragon Bank has introduced a series of enhancements to its BTL bank base rate tracker range, added a 2% fee product to give landlords more options.

The revised range is available at up to 75% LTV, spanning both single self-contained properties, HMOs and MUBs.

For SSC properties, the latest two-year tracker is priced at BBR pls 1%, with a 2% product fee. Its two-year tracker options for HMO and MUBs at the LTV tier start from BBR plus 1.35%, also with a 2% fee.

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