Paradigm has launched a new series of mortgage market videos. The series, Paradigm Insights, features short interviews with senior lending personnel looking at how they see the market in quarter one 2023, and the remainder of the year. Paradigm announced that the three special edition videos include interviews between Paradigm director of mortgages, Richard Howes, and director of intermediary relationships at Nationwide, Ian Andrew; head of business development at Santander, Graham Sellar; and director of sales at Foundation Home Loans, Grant Hendry.

Mansfield Building Society has launched a simplified version of its versatility range, making it easier for brokers to access the lender’s approach for clients with complex circumstances. The revamped range features simplified categories, with two tiers – Versatility and Versatility Plus – to cater for a wide range of customer scenarios. The Mansfield confirmed that enhanced criteria up to 85% LTV is available for contracted employees, zero hours contracts with limited income history, and remortgages for business purposes, including repaying a business loan.

Trade bodies covering the legal, surveying, estate agency and property management sectors, including the Conveyancing Association (CA), have launched an updated version of the LPE1 (Leasehold Property Enquiries) form. The form will go live on 9 January, with the release of the new revised form coinciding with lenders changing their policies to be able to lend on properties in remediation schemes, or those covered by leaseholder protections. The changes follow the Building Safety Act 2022 which came into force on 28 June this year. Other bodies alongside the CA, such as the Law Society, CILEX, and Society of Licensed Conveyancers, are also encouraging their member firms to use the new versions from this date.

Specialist lender and savings bank, OSB Group, has announced it has recruited for two new ESG roles. The group said its wider ESG commitment is to build an “agile and maturing” ESG response which is relevant to OSB’s business activities. OSB confirmed that the two subject matter experts, Shana Roberts & Lexi Tsalkitzoglou, will join the group’s ESG team to actively support the delivery of the social element of OSB’s ESG principles.

Dudley Building Society has launched three new mortgage products as part of a phased return to the mortgage market. The society paused new applications in August last year after it described receiving an “unprecedented” number of applications, and had since been dedicated to improving its service levels. Dudley has now launched residential, holiday let and buy-to-let (BTL) products, and revealed it is to maintain a focus on serving the needs of underserved borrowers in the market, and accepting first-time buyers, first-time landlords and consumer BTL applicants, amongst other niche criteria.

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