Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

April Mortgages distribution director Rachael Hunnisett departs after two years

Rachael Hunnisett has left her role as mortgage distribution director at April Mortgages after around two years with the long-term fixed rate lender.

The departure was confirmed via a post on LinkedIn, in which Hunnisett reflected on her time at the firm. April Mortgages did not comment when contacted by Mortgage Solutions.

What her role involved

Hunnisett joined April Mortgages in 2024, with responsibility for the lender's distribution strategy and its relationships across the sector.

Key developments during her tenure

During her time at the lender, Hunnisett oversaw two notable product developments: April Mortgages' launch of a 100% loan-to-value (LTV) mortgage, and the lender increasing its loan-to-income (LTI) ratio to seven times income.

Announcing her departure on LinkedIn, Hunnisett said: "To every partner, distributor, colleague, peer, journalist – and the many others who backed us along the way – thank you for believing in our vision and buying into a reshaping of the mortgage landscape that unapologetically championed the consumer."

She added: "My time at April has concluded, but the mission to champion exceptional borrower outcomes continues."

Why it matters for the rental sector

Developments at specialist lenders such as April Mortgages are relevant to UK letting agents and inventory clerks. High LTV products and increased loan-to-income flexibility can affect buyer affordability in the purchase market, which in turn shapes landlord appetite and tenant demand in the rental sector. Changes to a lender's distribution team may also influence how quickly such products reach the wider market.

At the time of writing, no successor had been announced, and April Mortgages declined to comment on the departure.