Marvin Onumonu

Together has cut rates across its fixed-rate product range and expanded its criteria to support more borrowers. All 2-year fixed rates have been reduced by 0.25%, and all 5-year fixed rates have been cut by 0.10%. Rates now start from 7.70% for consumer buy-to-let (CBTL) first charge 5-year fixed, 7.89% for residential first charge 5-year fixed, 8.54% for buy-to-let (BTL) first charge 5-year fixed, and 8.99% for semi-commercial first charge 5-year fixed.

Guardian hosted its Critical Illness Essentials launch event on 30th June in London, unveiling a new essential-range critical illness product developed with advisers and reinsurer Hannover Re. The event opened with networking before a formal welcome from Peter Mann, non-executive chairman at Guardian, and Carlton Hood, CEO of Guardian.

Puma Property Finance has formed a new partnership with Madison International Realty, a private equity firm based in New York. Madison has taken a 24.5% stake in Puma Property Finance Ltd. This partnership strengthens Puma’s role as a provider of development finance for experienced developers across the UK. David Kaye, founder and CEO of Puma Capital Group, said: “We are delighted to welcome Madison International Realty as a strategic partner to our Property Finance business.