News in brief - 27 October 2025

Offa has appointed Firoza Ismail as its newest business development manager. The Islamic property finance fintech said that he brings a wealth of experience in the financial sector, with expertise in Sharia-compliant finance and as a financial broker. The firm has doubled its headcount to 40 in the past year as the business looks to expand its service offering.

Santander is set to reduce rates across its residential and buy-to-let range for new business and product transfers by up to 0.36%. For home movers, three-year fixes will start from 4.06% and 4.20% at 60% and 75% LTV respectively. For first-time buyers, 90% LTV two-year rates have been reduced by 0.16%, with rates starting at 4.42% and 4.70% with a £999 fee and no fee respectively. All products come with £250 cashback. The bank has also simplified its minimum loan size for its standard residential remortgage range to £25,000 for all £999 fee option products. All 60%, 75%, 85% and 90% LTV two- and five-year fixes have been reduced by 0.13%, with new products starting from 3.73%.

Barnett Waddingham has relocated its Glasgow office to the city development, Cadworks. The professional services consultancy is now located on the seventh floor of the sustainable development, which is the first net zero office building in the city. The move comes after it was recently acquired by Howden. Barnett Waddingham added that its move to Cadworks supports talent acquisition, its hybrid working policy and employee wellbeing, whilst also aligning with its net-zero commitments.



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