News in brief - 31 July 2024

Offa has appointed three new senior members of staff as it looks to expand after the recent launch of its buy-to-let (BTL) products. Qasim Sajad has joined the Shariah-compliant bridge finance fintech firm as senior home finance manager, bringing over 12 years of experience in Islamic banking across sales, team management, supervisory training and staff development to the role, joining from Al Rayan Bank. Saalik Haleem has also joined Offa as senior intermediary and product manager. With 11 years in the industry, he brings experience of developing and enabling teams to achieve company targets. He also joins from Al Rayan Bank, having worked with brokers both in the UK and internationally. Dominic Squires has also been appointed as head of compliance and money laundering reporting officer for BTL and bridge. He has worked in financial services for over two decades, with 16 of those years in the compliance space.

Buckinghamshire Building Society has launched a five-year fixed rate retirement interest-only mortgage product, following intermediary feedback. The product has a rate of 5.59% up to 60% LTV and is available for both purchase and remortgage, although the desktop valuation option is only applicable for remortgage applications. It has a minimum and maximum loan size of £50,000 and £1m respectively and can only be offered to applicants aged 55 and over on properties located on England and Wales.

Darren Cunliffe has been appointed as national account manager at LiveMore. His appointment at the mortgage lender for people aged 50 to 90 plus comes after he spent as year as key account manager for the North. As part of his new role, Cunliffe will support LiveMore’s director of intermediary sales, Les Pick, to further develop strategic relationships with intermediaries, networks and clubs across the UK, while continuing to work closely with his key accounts in the North.



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