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.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.

Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.