News in brief - 19 May 2025

SDKA has expanded its customer-facing team by appointing Chris Simpson as an underwriter. He joins the bridging lender from Together, where he held an equivalent position from June 2022, having also worked as lettings manager for sequence. Simpson also previously worked at Countrywide as a senior negotiator. He becomes the sixth member of SDKA’s underwriting team and will work with brokers, direct applicants, surveyors and legal professional to ensure applications are completed to each clients’ timeframe.

Skipton Building Society has appointed Graham Lindsay as its new senior independent director, following Mark Lund’s retirement. Lindsay will sit on the Skipton Building Society board, the board nominations committee, board change committee, board remuneration committee and the board audit committee. He brings more than 45 years of executive-level experience in retail, wealth and commercial banking to the role, having worked across all of these sectors at Lloyds Banking Group until 2015. Lindsay is also well networked across the UK financial services industry and has sat on the board at the Institute of Financial Services, formerly the Institute of Bankers, for the last six years.

Suffolk Building Society has reduced rates on its two-year residential and expat residential fixed mortgage products by up to 0.24%. As a result, the society’s 80% LTV residential fix starts from 4.85%, while 90% LTV and the interest-only products have been reduced by 20bps to 5.15%. On The Suffolk’s expat residential range, 80% LTV two-year and interest-only fixes have been reduced by 0.20% to 5.39% and 5.59% respectively, while its 90% LTV two-year fix has been reduced to 5.70%.



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