News in brief - 16 April 2026

Foundation has launched a range of new limited edition residential remortgage products, as well as rate cuts across a number of its residential and buy-to-let (BTL) mortgages. The lender has introduced new F1 limited edition residential, remortgage-only products at 65% LTV, available on a two- and five-year fix at 6.09% and 6.24% respectively. Both products come with a £595 fee, a free standard valuation and no application fee. Alongside the launch, the specialist lender has also reduced rates by 20bps for purchaser and remortgager fixed rates, as well as remortgage-only deals. It has also reduced pricing across almost all of its BTL range up to 25 bps, with rates now starting at 5.14%.

West One Loans has reduced rates across its entire commercial and semi-commercial mortgage range. The cut applies to all commercial products, regardless of loan size, LTV tier or term length. As a result, fixed rates on semi-commercial mortgages now start from 7.09%, while commercial mortgage rates are available from 7.69%. The firm said the pricing update comes against a backdrop of continued volatility in the mortgage market, driven by a range of external economic factors.

Paradigm has appointed Nick Delawa as business development director, covering London and the South East. In his role, he will focus on driving strategic growth with new member firms and nurturing and continuing to grow and help develop existing member business. Delawa brings extensive advisory firm support experience to the role, most recently working as a compliance risk auditor at Stonebridge, where he focused on regulatory oversight, audit management and supporting firms in meeting FCA requirements.



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