News in brief - 3 November 2025

Santander has reduced rates across its home mover and new build home mover ranges. As part of its no dual pricing pledge to brokers, the new pricing is available to all customers, whether they are applying via a broker or direct. As a result of the changes, its 75% LTV three-year fix now starts from 3.86%, while its 90% LTV two-year fix is available from 4.30%, both with a £999 fee. On its new build home mover range, Santander’s two-year 85% LTV fix starts from 4.34%, and its two-year 95% LTV product is available from 4.92%. All products come with £250 cashback.

Barnett Waddingham has appointed Andrew Simpson as a partner in its actuarial consulting team. His appointment comes as the professional services consultancy looks to strengthen its presence in the Scottish and wider UK pensions market. Simpson joins Barnett Waddingham from Mercer where he headed up the firm’s Edinburgh office and led on actuarial consulting, defined contribution, investment and strategy. Prior to this, he was deputy leader of KPMG’s corporate consulting team in Scotland, where he played a role in growing its pension team from inception. In his new role, Simpson will focus on driving innovation and delivering client-focused solutions across pensions consultancy.

LendInvest Mortgages has made rate reductions across a selection of its residential mortgage products. Aspiring homebuyers who qualify for the lender’s premier and advantage tier range of residential mortgages will see rates lowered by 15 bps, with the lowest rate starting from 4.99%. In March 2025, LendInvest reconfigured its credit criteria, allowing for various types of adverse credit, including CCJs and defaults. The latest rate cut comes after the fintech platform found that 20% of potential homebuyers missed a payment on a credit card or utility in the last 12 months.



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