One Mortgage System (OMS) has been granted ISO 27001 certification that demonstrates its ongoing commitment to maintaining the highest standards of security for its users, brokers, lenders and strategic partners. The International Organization for Standardisation (ISO) is a global body that collects and manages various standards for different disciplines. ISO 27001 is an internationally recognised standard for information security management systems, providing an approach for firms to manage and protect sensitive information.

Paul Gavin has been promoted to the head of sales at Alternative Bridging Corporation. As part of the role, he will oversee the firm’s business development (BDM) team. Gavin joined Alternative Bridging as a BDM for the North in January 2022 and was promoted to head of sales for the Northern division in January 2023. The latest promotion will see Gavin leading the specialist property lender’s sales team, working with the BDM team to grow the reach of Alternative Bridging to help more brokers find solutions for their clients who require an alternative approach to property finance.

Santander has made a series of mortgage criteria changes, effective from tomorrow. The bank has increased its LTV limits for large loans, with loans between £1m-2m being increased from 75% to 85%. For loans over £2m-3m, the LTV has been increased by 70% to 75%. To support the changes, Santander will increase the maximum loan size on selected residential fixed rate products, including new build, and will also launch new large loan products into the new the new business range. The maximum loan size will increase from £1.5m to £3m on residential fixed products up from 75% LTV and £1m and £2m on residential fixed products up to 85% LTV.

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