KSEYE has doubled its maximum loan size to £50m, following an increased volume of multi-million-pound loans so far in 2024. The new maximum loan size applies across residential, mixed-use and commercial property types in London, the home counties and across major cities in England. The bridging lender said that a strong relationship with a long-standing funding line has enabled this increased maximum loan size, following a growing demand for large loans.

Just Mortgages has strengthened its employed division by appointing two new divisional sales directors (DSDs). The mortgage brokerage has appointed Paul Kirkup and Jonathan Gili-Ross, together bringing over 50 years of experience across the mortgages, estate agency and financial services sectors to the roles. Kirkup, who will work in the Midlands, has spent more than 20 years in the mortgage value chain in both England and Australia, spending 12 years as Westpac in the latter, most recently as head of national home lending. Prior to this, he worked at Santander, Barclays and HFC Bank, which later became part of HSBC Group. Gili-Ross brings over 20 years of experience to the role, having worked for Loans.co.uk and Connells Group, where he spent 12 years at the firm. Following his time at Connells, Gili-Ross went on to start his own brokerage.

Landbay has introduced a new range of non-portfolio products, while making further rate reduction and new product additions. The new non-portfolio product range is designed for landlords with three or less mortgaged products and includes five-year fixed rates, available up to 75% LTV and with rates starting from 4.39%. In addition, the buy-to-let lender has launched two new five-year products, available up to 55% LTV, while the existing 55% LTV five-year range has been reduced by 0.25%, with rates starting from 4.44%. The news follows rate reductions earlier this week across its standard five-year, standard two-year and two-year like-for-like remortgage range by as much as 0.25%, while two-year small HMO/MUFB products also saw a reduction of 0.10%.

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