News in brief – 3 March 2025

CEO of Key Later Life Finance, Will Hale, is to take on additional leadership responsibilities at Key Group’s later life lending platform, Air. Hale will be CEO at Air, in addition to his role at Key Later Life Finance, and will replace Paul Glynn, who is returning to Key Group’s manufacturing division where he will be responsible for business-to-business sales and marketing.

Barclays has announced it is lowering one of its five-year fixes to 3.96% as part of a raft of rate cuts. The product is part of Barclays’ green home mortgage offering which is available to customers who are buying an energy-efficient new-build home directly from the builder or developer in the energy efficiency band A or B.

Specialist lender Afin Bank has appointed Simrat Gill as senior underwriter. The bank said she is a key hire as Afin continues to build its mortgage proposition and services for launch later in the year. Gill has extensive experience of the specialist mortgage market, including eight years as senior underwriter at Precise Mortgages and three years with buy-to-let lender Landbay.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.

NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



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.

Advertisement