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Category: Finance

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The new products replace the society’s existing range with initial rates between 0.2% and 0.24% below the previous equivalent products, reducing its lowest rate from 3.79% to 3.59%.

Mark Hutchings, managing director of Berkeley Alexander, said: “I’m delighted to welcome James and Bradley to the team – two experienced broking and customer service advisers.”

The F4B Network plans to assemble a lending panel consisting of mainstream, buy-to-let, specialist and short-term finance lenders, plus an array of protection and GI providers.

The news means that IMLA has a combined total of 58 full and associate members, spanning a range of banks, building societies, non-bank lenders and mortgage service providers.

The BoE’s Monetary Policy Committee (MPC) voted seven to two in favour of keeping the rate where it stood.

The launch is part of its Be Well Hub for employers as well as intermediaries, and the helpline provides HR and line managers with early intervention support to help employees who may be struggling with physical or mental health issues that affects their work.

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The finova Broker Platform provides mortgage advisers with a range of modules that support the end-to-end customer journey from onboarding to retention.

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On Thursday, the bank will reveal whether it will increase the base rate amid pressure from inflation or maintain the existing 0.1% rate for at least one more month.

Graham Sellar, head of business development and key accounts, said: “With Jeff’s wealth of mortgage experience, we know he will be a great asset to our national key account management team, and I look forward to working with him.”

Andrew Turner, chairman and founder of The Loans Engine, said: “Ryan has made a fantastic contribution to the success of the business over the last 20 years.”