Jessica O'Connor

The appointment comes two weeks after Beagle Street announced that Omni Protect would be its founding distribution partner for its launch to the adviser market.

The non-regulated refinance, introduced by Patrick Robertson at BuildLoan, was required to repay an existing lender whose terms were close to expiring.

The acquisition sees Prime Property Finance and Simpli Financial Solutions come under common ownership, with both firms retaining their own FCA authorisation, brand identity and propositions.

The fintech and insurance group said it is targeting an initial £250m of lending over the next 12 months, with the products aimed primarily at first-time buyers across England and Wales.

The move comes as the specialist lender embarks on its second year of business with an increased proposition line up of regulated bridging alongside its existing residential and buy-to-let mortgages

Zero Deposit analysed average monthly rental values across London and the wider UK between May 2024 and May 2026.

The lender has cut rates by 0.40% at 85% LTV, while products at 90% and 95% LTV have each fallen by 0.10%.

The entry deadline for the National Mortgage Awards – Second Charge 2026 has been extended to Friday 14th August following continued interest from across the industry.

The mutual has already committed £1m to Greater Cambridge Impact (GCI) as part of its 175th anniversary celebrations and will now support GCI's sister organisation, The Cambridge Pledge.

The funding will enable the developer to complete a comprehensive refurbishment before progressing plans for a larger extension.