Atom bank has announced a raft of rate cuts to its near prime mortgage range, with its 85% LTV products being cut by 0.10%. As a result, rates on near prime products will now begin at 4.74%. The rate changes follow research from Atom which revealed that 93% of brokers had seen an increase in enquiries from clients with adverse credit in 2025, while 74% expect to see a further rise in interest this year. The bank has repeatedly enhanced its near prime proposition in order to provide a wider range of options for borrowers with imperfect credit histories. Last year, it introduced two new product fee tiers, available at £1,500 and £1,995.
Nationwide has extended its loan-to-income lending to up to six times for home movers and remortgagers who are looking to move up the property ladder or get a new mortgage deal at up to 95% LTV. In order to qualify, new customers moving home or remortgaging to Nationwide will need a minimum annual income of £75,000 for sole applicants or £100,000 for joint applications. However, to support existing customers such as previous first-time buyers who benefited from its Helping Hand programme, there will be no minimum income requirements. For all mortgage applications made that don’t require any additional borrowing, the building society already allows borrowing up to 6.5 times income up to 95% LTV.
Just Mortgages has appointed Michele King as its new head of learning and development. She brings more than 30 years of experience across learning and development, talent management and strategic planning within the financial services sector. She has spent the majority of her career at Countrywide, where she last served as head of learning and development, before moving to Simply Academy to work as head of curriculum delivery. In her new role at Just Mortgages, King will be working with the learning and development team to expand on its proposition and her remit will be to provide enhanced support to every level of the business. She will also look to implement a key management leadership programme.
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
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.
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?
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.
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.
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