Movera has reported a 33% year-on-year increase in sales and purchase completions through its conveyancing firms, ONP Solicitors and Cavendish, in 2025. The ONP Solicitors’ remortgage team also achieved a milestone 5,000 completions in one day on two separate occasions. To supports its growth aspirations, the firm has brought in over 150 new colleagues and announced a number of regional office expansions. Total headcount at Movera, which also includes panel management firm LMS, increased to more than 650 employees, including almost 100 new conveyancers and a dedicated Know Your Client team to manage source of funds processing and streamline transactions across the two conveyancing brands.
Arc & Co. has arranged a £9.4m refinance facility for a West End mixed-use portfolio comprising office and residential assets. The five-year loan was provided by GB Bank at 71% LTV against market value, with an interest rate fixed at 6.2%. The transaction was led by Arc & Co. managing director, Edward Horn-Smith, who has worked with the client for a number of years. In order to structure the refinance successfully, GB Bank was able to top slice a regional PBSA portfolio, allowing the lender to support the transaction and deliver the required funding.
Keystone Property Finance has launched a new range of two-year tracker products for business, product transfers (PTs), PT plus and refurb to let exit. The new products have been designed to support brokers during this current period of market volatility. The specialist lender’s move follows a sharp increase in swap rates over recent weeks, with two-year rates increasing by 100 bps since the end of February. Keystone’s new tracker products, available at either 65% and 75% LTV, will track the Bank of England’s base rate (BBR), with rates starting from BBR +1.89% and BBR +1.99% respectively. Customers who take out one of the new tracker products will have the option to switch onto a fixed rate mortgage through Keystone’s switch and fix facility, once fixed rates become available again.
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In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
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