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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.



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