News in brief - 10 December 2025

Lloyds Banking Group has appointed Peter Fitzgerald as chief investment officer, succeeding Kevin Doran, who will leave the group early next year. In his new role, Fitzgerald will oversee investment strategy and fund management across Scottish Widows and the recently acquired Schroders Personal Wealth business. He joins from Aviva Investors, where he served as chief investment officer, multi-asset and macro, leading a global team managing over £100bn in assets. Fitzgerald brings more than 25 years of expertise in multi-asset investing, macro strategy, and portfolio management, having held senior roles at BNP Paribas Wealth Management and Insinger de Beaufort.

Paragon Bank has extended its simplified buy-to-let mortgage application journey to cover HMOs and MUBs, making it easier for landlords with 15 or fewer properties to grow their portfolios. The enhancement expands Paragon’s proposition to deliver smarter mortgage applications for newer and smaller-scale landlords investing in these typically higher-yielding property types. The enhanced process is suitable for individual and limited company landlords with up to 15 properties, singling self-contained units, HMOs and MUBs, all at up to 75% LTV.

Mark Eastwood has been appointed as director of corporate sales at Together. He has worked in financial services for 36 years and has held senior leadership posts at some of the UK’s major banks for more than two decades. Eastwood will report to the property finance group’s managing director for corporate sales, Chris Baugley, to lead and expand its regional sales teams in the UK. This will initially include appointments in the South East, North East, Staffordshire and the West Midlands, with more hires expected in 2026.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.

Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.