News in brief - 26 March 2025

Offa has appointed Naseer Ahmed as its new managing director of bridging and development finance, as part of its growth strategy. He brings over 20 years of experience in the banking and finance industry to the role at the Islamic property finance fintech, with a track record of driving commercial growth and delivering successful outcomes for clients and stakeholders. In his new role, Ahmed will focus on helping clients and brokers to achieve their funding requirements without compromising their faith or ethical beliefs.

LiveMore has made three new appointments as it continues to expand in the later life lending sector. Steven Bailey has been appointed as key account manager for London and the south east, bringing more than 20 years of experience to the role, which includes 15 years in the mortgage intermediary sector. He joins the firm from Bluestone Mortgages. The mortgage lender for people aged 50 to 90 plus has also hired Naj Aslam as telephone business development team (BDM) team leader. She joins LiveMore after nine years at Precise Mortgages/OSB Group, where she worked as underwriting team leader and intermediary team leader. Baljeet Kaur has also joined LiveMore as a telephone BDM from The Mortgage Lender, bringing more than eight years’ experience.

Atom bank has increased the maximum LTV available on its near prime range to 90%. The move comes as the digital lender looks to open up access to mortgage finance for those with a modest deposit or small blips on their credit history. The near prime range includes two-, three- and five-year fixed rates, with both fee-charging and fee-free options. The products are available at up to 90% LTV and start from 6.84% for two-year fixes and 6.69% for both three- and five-year fixes.



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