Related topic: Commercial

The new business development team will cover the Midlands and Wales, Yorkshire, Humberside and the North East, and London and the South.

The new proposition includes loan sizes from £45,000, helping brokers place smaller semi-commercial deals.

Norton Broker Services has joined Atom Bank’s commercial broker panel.

The division will focus on providing funding solutions to established specialist lenders.

By offering the maximum LTV and forward funding works throughout the term, Max Net delivers borrowers a secure way of accessing maximum initial funds.

The cuts apply to the commercial investment and semi-commercial limited edition ranges.

Jeremy Duncombe will support the transition before retiring after a 40-year career in financial services.

The move reflects Shawbrook’s strategic investment in a specialist brand portfolio, encompassing Playter, ThinCats and Shawbrook.

Rates have reduced by up to 0.15% across the ranges.

Michael Thompson, lending director at LHV Bank, says the industrial sector is not losing momentum but instead, the focus has returned to the fundamentals, with asset quality, borrower...