Black & White Bridging has opened its new £1m purpose-built head office in Bristol following the recent upgrades of its London and Manchester offices.

With completions rising by 190% in 2025 after a similar increase in 2024, headcount has also grown to meet demand with 32 people now employed across its three sites.

The new destination office in Stoke Gifford has been designed to enhance collaboration, accelerate decision-making, improve health and wellness, and maintain the speed and transparency of execution that has underpinned the firm’s rapid growth to date.

Santander is reducing selected residential and buy-to-let rates.

Its first-time buyer (FTB) 85%, 90% and 95% loan to value (LTV) fixed rates are reducing by up to 0.23% while its product transfer buy-to-let 60% and 75% LTV 2- and 5-year fixed rates are reducing by up to 0.10%.

The Cambridge Building Society has announced the introduction of a new limited company buy-to-let (BTL) holiday let mortgage to complement its current limited company BTL offering.

Following a successful launch last October, the society's BTL range, already includes standard buy-to-let, holiday let and expatriate lending at 80% LTV.

The new product is a 5-year fixed rate available to 80% LTV with a rate of 5.78% and an income coverage ratio of 125% at payrate, ensuring increased choice at higher LTV levels for limited company borrowers.

Paragon Bank has strengthened its BTL mortgage further advance proposition, streamlining the application process and reducing the minimum loan size to £2,000 and rates by 20bps.

Following broker feedback, Paragon is migrating further advances onto its enhanced mortgage originations platform, using the same intuitive layout and streamlined journey as its other buy-to-let mortgage applications.

Where no property inspection is required, the move enables Paragon to issue offers in as little as 48 hours and means landlords can receive funds within 24 hours of the lender receiving a signed offer acceptance.

Specialist BTL lender, Rely, has completed a remortgage in just five days, from application in principle to funds being released, demonstrating the lender’s ability to deliver both speed and certainty on more specialist cases.

The case involved a single ex-local authority flat for a non-portfolio landlord. The borrower had originally acquired the property using bridging finance, carrying out refurbishment works before seeking a longer-term exit through a remortgage with Rely.

Buckinghamshire Building Society has expanded its BTL, holiday let and expat lending proposition with increased maximum loan sizes, the reintroduction of selected fixed-rate products and the launch of new limited company SPV products.

Effective immediately, the society has increased the maximum loan amount across its entire BTL and holiday let product range from £500,000 to £750,000, providing brokers with greater flexibility for investment cases.

In addition, the society will now accept expat mortgage applications from residents in Hong Kong (excluding BNO status), broadening access to its specialist expat proposition.

Alongside these changes, Buckinghamshire Building Society has launched a number of new limited company SPV products, including:

• BTL 3-year fixed at 6.19% up to 80% LTV
• Expat BTL 3-year fixed at 6.29% up to 80% LTV
• Holiday Let 2-year fixed at 6.09% up to 75% LTV
• Expat Holiday Let 2-year fixed at 6.19% up to 75% LTV

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