Santander UK has become the latest Associate Member to join the Bridging & Development Lenders Association (BDLA).

Santander UK is a leading UK bank with a long-established presence across retail, corporate and commercial banking. Through its non-bank financial institutions and professional services team, the bank supports specialist lenders in the bridging and development finance sector with the full suite of services from day-to-day banking requirements to a range of funding and risk management solutions.

LDN Finance has integrated Twenty7tec’s ADAPT, its proactive product monitoring solution, into its advice process, strengthening the firm’s ability to deliver ongoing value and market responsiveness to clients.

Designed to help advisers stay ahead of product withdrawals, rate changes and criteria shifts, ADAPT continuously monitors recommended products from the point of sourcing through to submission, alerting advisers when market changes impact active cases. In a market where lenders can reprice or withdraw products with little warning, the technology provides firms with greater oversight, faster response times and improved continuity across the client journey.

Darlington Building Society has reduced rates across its residential foreign currency mortgage range by up to 30 bps.

Effective immediately, the changes apply across selected two-year and five-year fixed-rate products and follow the Society’s recent decision to increase maximum LTV on its foreign currency range to 90%, enhancing options for brokers working with more specialist cases.

Headline rate reductions across the range include:
• Two year fixed-rate foreign currency mortgage, 80% LTV – 5.39%, reduced by 20bps.
• Two year fixed-rate foreign currency mortgage, 90% LTV – 5.79%, reduced by 30bps.
• Five year fixed-rate foreign currency mortgage, 80% LTV – 5.39%, reduced by 20bps.
• Five year fixed-rate foreign currency mortgage, 90% LTV – 5.79%, reduced by 30bps.

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