News in brief - 1 April 2025

LiveMore has launched new spring special limited edition rates to enable savings on its two-year fixed standard and retirement interest-only (RIO) mortgage products. As part of the changes, the products are available from 5.88% until 30 April, with free valuations on property values up to and including £2m and comes with a £995 product fee. In addition, the mortgage lender for people aged 50 to 90 plus has also repriced its core standard and RIO mortgage products.

Gatehouse Bank has announced a series of product changes, including a 0.50% reduction to the SVR on its home purchase plan (HPP) and buy-to-let (BTL) purchase plans. The lender’s range of Shariah-compliant HPP and BTL plans are available for UK residents, UK expats and international residents seeking residential property finance for properties in England and Wales. The bank has also reduced rental rates by 0.10% on both standard and green two-year fixed BTL products for overseas residents.

Black & White Bridging has strategically restructured its organisation to “enhance capacity”, transitioning to a C-suite structure. The lender said that it has introduced these executive roles to optimise business operations. John Bigwood has joined the firm as chief financial officer, whilst David Tropp has been appointed as chief investment officer. Damien Druce will transition into the newly established role of chief operating officer.



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