News in brief - 5 February 2025

Offa has announced a range of new hires to the firm to complement its recent expansion. Mehreen has joined the Islamic property finance fintech firm as senior underwriter, having previously worked at Barclays for more than a decade in senior underwriting roles. She also worked at Offa as a contractor for a year before starting her new role. She is joined by Shamila Kausar, who joins the lender as a customer service officer. Shamim Rahman has been appointed as underwriter at Offa, joining from Precise Mortgages and bringing over a decade of experience in the financial industry. Finally, the fintech firm has appointed Sukhdev Atwal as financial controller.

CHL Mortgages for Intermediaries has reduced rates by up to 1.19% across its short term lets range of buy-to-let mortgages. The range, which is designed for borrowers who intend to let a property for a short period such as a holiday let or serviced apartment, now feature two-year fixed rates from 4.39% and five-year fixes from 5.24%, all at 75% LTV. Borrowers are able to choose from 3.5% or 5% fee options on the two-year fixes, while 3.5%, 5% or 7% fee options are available on five-year fixed products.

Black & White Bridging has made four new appointments to its relationship team. Establishing a brand-new internal sales desk, the firm has appointed Dan Nathan as internal relationship manager, having worked at Aureum Finance. Sureyya Vidali has joined the firm as social media and marketing executive, having held positions at Metro Bank and Starling Bank. Black & White Bridging has also appointed Mike Underwood and Shahed Popat as relationship managers for its south of England team. Underwood joins from Adsum, while Popat previously worked at Roma Finance.



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