RAW Capital Partners has announced that its RAW Mortgage Fund has surpassed £200m in assets under management (AuM). The Guernsey-based investment management firm was launched in 2015 and provides specialist mortgages to foreign nationals, UK expats and Channel Islanders through the RAW Mortgage Fund. The fund surpassed £100m in AuM in 2021 and now has a 10-year track record of delivering positive monthly returns every month since inception. The company is now targeting £500m in AuM within the next two to three years, driven by rising demand for stable, asset-backed investment opportunities.

Helen Walsh has been promoted to marketing director at the specialist mortgage lender and savings provider, Afin Bank. She joins Afin as head of marketing last year from Together Finance, where she was head of digital marketing and CRM. Walsh has also worked at financial services firms including Aldermore Bank and Premierline Direct insurance. As part of the role, she will be responsible for all of Afin’s marketing activity, including online, broker channels and direct to the diaspora communities of people from overseas living and working in the UK, which is one of bank’s core targets of underserved borrowers.

Vida Homeloans has enhanced its criteria by introducing key enhancements designed to make homeownership more accessible. The lender said that the changes reflect its commitment to breaking down barriers and creating opportunities for individuals and families across the UK. As a result, Vida has reduced the minimum income eligibility for joint applicants for cases where at least one borrower does not have permanent rights to reside, and the LTV is above 75% LTV. A combined income of £70,000 is now accepted, up from £50,000. Furthermore, Vida has increased the threshold for excluding defaults and CCJs when allocating product tiers from £250 to £500 across all product tiers. The existing threshold for ignoring unsecured missed payments under £250 remains unchanged.

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