Press releases for January 2025
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
22 January 2025
Following a review of our pricing we’ve made a decision to reduce our managed variable rates Virgin Money and Clydesdale Bank Variable Rates On 23 January 2025, we’ll reduce the following Virgin Mon...
22 January 2025
Melanie Spencer, sales and growth lead at Target, said: “Given the challenges surrounding the buy-to-let market, it’s encouraging to see a year-on-year increase in lending in Q3. Of course, the data ...
22 January 2025
Oli Bland, Director of Lending at Black & White Bridging commented: "The Q3 2024 figures from UK Finance paint a mixed picture of the buy-to-let market. New loans rose by 6.5% year-on-year, and avera...
22 January 2025
New Large Loan LTV Exclusives We wanted to let you know that we’re increasing rates and launching the following Clydesdale Bank products on Thursday 23 January. Large Loan Exclusives NEW 50% LTV ...
22 January 2025
Limited Company buy to let pre-application check We'll now tell you upfront if a company structure fits our Limited Company lending policy. Meaning you will know this before keying a full application...
22 January 2025
Richard Pike, chief of sales and marketing at Phoebus Software, said: “While Q3 figures aren’t as strong as Q2, which saw a surge of 26% in buy-to-let business compared to Q3’s 6.5% rise, this still ...
22 January 2025
Luxury asset lender, Suros Capital is offering brokers 3% commission on all loans secured against luxury assets which complete before the end of March 2024. This marks a 2% increase on the current bas...
22 January 2025
London-based fintech Sikoia has announced a strategic partnership with Tandem Bank to automate key aspects of income verification and document handling processes, driving greater efficiency and ultima...
22 January 2025
Hampshire Trust Bank (HTB) has successfully provided a bespoke refinancing facility of circa £11.5m for a converted office building in West London. The property, which comprises 55 luxury apartments,...
21 January 2025
With Helping Hand, your first time buyers could borrow up to 6x their income. That's up to 33% more than our standard lending. It's available: Up to 95% LTV Across our 5 and 10 year fixed rate mor...
21 January 2025
According to the latest government statistics, the number of registered company insolvencies across the UK has decreased to 23,872, reflecting a reduction of 5% compared to 2023. Stephen Goderski, ...
21 January 2025
Brokers outline what they want to see from lenders to better support commercial clients in Atom bank’s Q4 SME Pulse survey The vast majority of brokers are targeting growth in 2025, with healthca...
21 January 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (21st January 2025) announced the addition of specialist and buy-to-let lender, RAW Capital Partners, to its le...
21 January 2025
We’ve been busy aligning Virgin Money and Clydesdale Bank lending into retirement policies. Read on to find out more. Retirement age change We now use the customer’s 71st birthday or their chosen re...
21 January 2025
StreamBank has announced the appointment of Aiman Maklad as Business Development Manager (BDM) for London and the South, with his role starting on Monday, 13th January 2025. Aiman brings extensive ex...
20 January 2025
Firms hoping the Government’s call to boost growth through regulatory reform will mean cuts to Consumer Duty will be ‘disappointed’, warns MorganAsh. The Government has sent a letter to all of the UK...
20 January 2025
We wanted to let you know that we’re making the following changes on Tuesday 21 January. Exclusive Purchase with free valuation NEW 80% LTV 2 Year Fixed Rate with £895 fee will be launched at 4.69...
20 January 2025
Cameron Hayes, Director at specialist capital advisory firm Arc & Co., has secured a loan of £10m for a development in the Midlands. The peak debt facility of £10m will fund the development of a resi...
20 January 2025
MortgagX, the AI-powered end-to-end mortgage advisory solution for mortgage brokers and customers, has announced a significant expansion of its platform capabilities. By adding new features to the pla...
20 January 2025
Specialist buy-to-let and residential lender, Foundation Home Loans, has today (20th January 2025) announced the appointment of Keith Jones as its new National Account Manager. Keith has worked at Fo...
20 January 2025
Leading advisor tech firm Twenty7tec is starting 2025 on a high note, with the announcement of two new senior hires and two internal promotions. Clive Beattie has joined the team as Group Chief Finan...
20 January 2025
David Morris, Head of Homes at Santander UK said: “While 2025 has started confidently, with Rightmove’s latest data showing a record number of mortgage in principle applications and the highest numbe...
20 January 2025
LHV Bank has successfully completed a £7 million commercial investment loan for a private Manchester-based family office, renowned for managing property assets across the North West. The loan facilit...
20 January 2025
Hampshire Trust Bank (HTB) has expanded its specialist lending offering to include restricted holiday lets, giving brokers the tools to support clients in a changing and increasingly complex market. ...
20 January 2025
In its latest Home Survey Trends Index for Q4 2024, Countrywide Surveying Services (CSS), a leading provider of property risk management, valuations, and customer surveys in the UK, reported a slight ...
20 January 2025
United Trust Bank (UTB) has appointed Gemma Roberts as Business Development Manager in its Bridging Sales team as it continues to develop its proposition to brokers and borrowers in the North of Engla...
17 January 2025
Mark Hollands, Head of Sales & Distribution, Bluestone Mortgages comments on the Chancellor’s plans to relax mortgage rules: “We welcome the Chancellor’s interest in tackling the challenge of afforda...
17 January 2025
With a tremendous uplift in enquiries, our new Lifetime Mortgage range has received glowing feedback from intermediaries, their clients and positive industry press. Want to expand your knowledge of t...
17 January 2025
Hampshire Trust Bank (HTB) has successfully delivered a £3.3 million development exit facility, enabling an experienced property developer to refinance their existing development finance and secure ad...
17 January 2025
17th January 2025, London As lenders and brokers, we are only too aware of the looming Stamp Duty holiday deadline. Since September 2022, buyers of homes priced up to £250,000 have been exempt from p...
16 January 2025
Atom bank, the UK’s highest rated bank on Trustpilot, has cut the interest rates across its range of fixed and variable commercial mortgages. Fixed rates have been reduced by up to 0.47%, while varia...
16 January 2025
London, 16 January 2025 – Enness Global, the leading international mortgage broker renowned for serving high and ultra-high-net-worth individuals, business owners and entrepreneurs, is pleased to anno...
16 January 2025
Swansea Building Society has appointed David Osterland as the new manager of its Portland Street branch in Swansea city centre. Osterland has been part of the Society team since January 2015 and bring...
16 January 2025
Hope Capital has announced its biggest ever rate drop, now providing flat rates across its bridging range. Previously the lenders rates were priced depending on the specific deal and the level of wor...
16 January 2025
Foundation Home Loans has today (16th January 2025) announced maximum loan size increases across most of its residential product tiers. For its F1 - for clients with an almost clean credit history - ...
16 January 2025
Data from leading mortgage advice tech, Twenty7tec, shows an increase in mortgage searches by 7.96% yearly when looking at the data for the mortgage market in 2024. Searches for product types have de...
16 January 2025
With effect from Friday 17th January, we’ll be making changes to our residential and Buy to Let (BTL) mortgage product ranges. Please click here to see the changes. HSBC UK For Intermediary use onl...
16 January 2025
Richard Pike, chief sales and marketing officer at Phoebus, said: “This is the second consecutive day of encouraging figures on the UK economy from the ONS, as it reveals that the economy grew by 0.1%...
16 January 2025
conveybuddy, the innovative conveyancing panel manager for mortgage brokers, is proud to announce a significant milestone—over 1,000 brokers have registered with its platform since its official launch...
15 January 2025
Inspired Lending has structured and provided a £1.07 million funding facility for the purchase and refurbishment of a vacant Multiple Unit Freehold Block (MUFB) in Cornwall. The project involved th...
15 January 2025
The Conveyancing Association (CA), the leading representative body for the conveyancing industry, has today (15th January 2025) announced full details of its 2025 Annual Conference agenda. Taking pla...
15 January 2025
Statement from Christopher Blewitt, Head of Mortgage Distribution at Darlington Building Society following this morning's Private rent and house prices ONS figures: "It's no surprise to see another i...
15 January 2025
OSB Group, the award-winning specialist lender & savings bank reveals charity partner update on support. OSB Group began their partnership with Depaul UK in March 2022, assisting the charity to suppo...
15 January 2025
Alex Upton, Managing Director - Specialist Mortgages & Bridging Finance, Hampshire Trust Bank: “Rents are climbing fast, and there’s no sign of this slowing. The latest ONS data is yet another remin...
15 January 2025
Hanley Economic Building Society has expanded its residential mortgage range with the launch of a fee-free, two-year 95% loan-to-value (LTV) tracker. The product offers an initial pay rate of 5.75%, ...
15 January 2025
Richard Pike, chief sales and marketing officer at Phoebus, said: “Even with today's unexpected drop in inflation, we start 2025 with mixed market indicators; inflation and Government borrowing above ...
15 January 2025
John Phillips, CEO of Just Mortgages and Spicerhaart, said: “News of a slight drop in inflation is certainly a surprise and contradicts the expectations of the markets and many analysts. This will no ...
15 January 2025
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “The industry – not to mention Rachel Reeves - will welcome today’s surprising news of a drop in headline inflation...
15 January 2025
Target Group, a leading provider of business process servicing, software and digital transformation, has strengthened its senior team with the appointment of Scott Hill as chief information officer (C...
15 January 2025
Landlords think that possession grounds proposed by the Renters Rights Bill could provide them with a helping hand, a new survey has shown. Many landlords are concerned about the abolition of section...
15 January 2025
United Trust Bank Mortgages has announced the next product enhancement in its ‘Get January Jumping’ campaign, designed to help mortgage brokers get 2025 off to busy start! The award-winning specialis...
14 January 2025
Register Free Here Registration is open to attend the Manchester event with: Ken Clark from the Bank of England's Keynote Presentation Learning and discussion in the seminar sessions CPD hours t...
14 January 2025
Castle Trust Bank has cut rates and reduced the arrangement fee across its entire bridging proposition. The bank has cut rates on bridging loans by up to 20 basis points per month (pm), with Heavy R...
14 January 2025
The proportion of incorporated property held within portfolios of landlords who utilise limited companies has more than doubled since Q1 2020. Research conducted by Pegasus Insight on behalf of Para...
14 January 2025
The mortgage industry’s leading intermediary event, Mortgage Business Expo (MBE), has today, Tuesday, 14th January, announced Ken Clark, Deputy Agent for the North West at the Bank of England, as the ...
14 January 2025
StreamBank has today, Monday 13th January, announced the launch of its new StreamLine Bridging Product designed to meet the needs of intermediaries and clients seeking larger residential bridging loan...
14 January 2025
Effective today, Tuesday, 14th January 2025, Buckinghamshire Building Society has entered the Limited Company Buy-to-Let (BTL) market with the launch of a new, dedicated product range. This initiative...
14 January 2025
Sirius Finance delivered a record performance in the final quarter of 2024 and, building on its ongoing growth, has recruited two new advisers to its broker team. The award-winning specialist finance...
14 January 2025
Prime real estate lender Mera Investment Management has completed an £11m facility for a residential property in London’s prestigious Holland Park The bridging facility was used to repay the existing...
14 January 2025
Rent and mortgage spending grew 1.8 per cent year-on-year in December, down from 8.2 per cent in November, as more homeowners benefitted from base rate reductions Six in 10 renters say that it wou...
14 January 2025
The self-employed division of Just Mortgages, one of the UK’s largest mortgage brokerages, has strengthened its recruitment efforts with the appointment of Kara Jones as senior recruitment consultant....
13 January 2025
Swansea Building Society has announced Prostate Cymru as its official charity of the year for 2025. The Society is committed to raising significant funds and awareness for the charity through a range ...
13 January 2025
We wanted to let you know that we’re launching the following Virgin Money product on Tuesday 14 January. BTL Exclusive NEW 80% LTV 2 Year Fixed Rate with 1% fee will be launched at 5.40% The ...
13 January 2025
With the FCA's review on vulnerable clients coming to an end, now is to the time to ensure you have adequate processes in place to identify and support vulnerable clients. With early indications showi...
13 January 2025
Colchester, England – January 2025 In a significant step toward streamlining financial advice processes, FinCalc and Plannr have introduced an innovative new feature: the “Launch in FinCalc” button w...
13 January 2025
Precise, part of the OSB Group, has completed a £4m bridge to support business expansion plans to purchase shares in an exclusive high end fashion house. Completed in 10 working days, the £4m bridgin...
13 January 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (13th January 2025) announced the addition of specialist buy-to-let mortgage lender, ModaMortgages, to its lend...
13 January 2025
Hampshire Trust Bank (HTB) has unveiled a new structure within its Specialist Mortgages business development team, providing brokers with a greater level of support and creating an entry point for fre...
13 January 2025
Arc & Co. has completed a €11.1m bridging loan on two chalets and land with planning in a mountain resort in France. The client was introduced to Arc & Co. CEO Andrew Robinson via a wealth manager, a...
13 January 2025
- Leek Building Society has joined the Intermediary Mortgage Lenders Association (IMLA) as a full member - IMLA now has a total of 68 full and associate members, including banks, building societies,...
13 January 2025
Aspen Bridging has updated its award-winning* Bridge To Let (BTL) product with the launch of a new three-year hybrid offering. Applicants can now opt for a nine-to-12 month bridge followed immediate...
10 January 2025
With effect from Monday 13th January, we’ll be making reductions across our residential mortgage product ranges. Please click here to see the changes. HSBC UK For Intermediary use only.
10 January 2025
Karl Wilkinson, CEO of Access Financial Services, said: “The latest government data on UK property transactions shows residential transactions in November return to previous levels, following a slight...
10 January 2025
Richard Pike, chief sales and marketing officer at Phoebus, said: “At first glance these month-on-month figures could cause some alarm, bearing in mind the significant decrease in transaction levels a...
09 January 2025
Buy-to-let lender Landbay has reduced rates across its new limited edition range, which is now available for remortgage and for new purchases too. All eight products in the range have seen a 0.10% re...
09 January 2025
United Trust Bank (UTB) Property Development has teamed up with Iron Bridge Finance to fund a £10m development in South London. UTB is providing c.£6m of senior debt to fund the development with Iron...
09 January 2025
Foundation Home Loans has today (9th January 2025) announced the launch of a new Fee Assisted Legal Service available to borrowers remortgaging to the lender across a range of eligible standard reside...
09 January 2025
Specialist lender OSB Group has recently made some key changes within its sales teams to strengthen its expertise and support within its bridging and commercial divisions to meet the growing demand fr...
09 January 2025
Following on from the growing popularity of previous seasons, Pepper Money has launched the fifth season of its podcast for mortgage brokers, The Specialist. The latest season of the popular podcast...
09 January 2025
Twenty7tec has announced the successful integration of NatWest into the APPLY module. The collaboration promises to streamline the research and application process for intermediaries by removing the n...
09 January 2025
London-based fintech Sikoia has announced a new partnership with specialist loan brokerage Y3S, aimed at significantly enhancing the efficiency of customer verification processes for both brokers and ...
08 January 2025
Swansea Building Society has been named the Criteria Champion 2024 by Knowledge Bank, a leading resource for mortgage brokers, in recognition of its exceptional commitment to supporting brokers and so...
08 January 2025
Mortgage lender LiveMore has improved and extended its lifetime equity release (ER) products to further widen financial options for people aged 50 to 90 plus. For the first time, the firm is also offe...
08 January 2025
Development funding specialist Pivot has appointed Chris King as Head of Credit. Chris has worked in banking and property since 2005, and has considerable experience in portfolio management, originat...
08 January 2025
Fleet Mortgages, the buy-to-let specialist lender, has today (8th January 2025) released the latest iteration of its Buy-to-Let Rental Barometer covering Q4 2024 rental yields across England and Wales...
08 January 2025
The specialist lender will be based in Central London as it prepares for launch later this year Afin Bank has unveiled its new Central London headquarters ahead of its planned product launch later ...
08 January 2025
Aspen Bridging has enhanced its market proposition with its new 2025 Rate Card showing reductions of up to 80bps for all new applications and a higher maximum loan size of £15m net. The cut sees Fla...
08 January 2025
Vida Homeloans, the specialist mortgage bank, have launched a brand new range of 97% LTV residential mortgage products. The new 97% products, called ‘3 & Easy’, are aimed at helping long-term renters...
08 January 2025
Nottingham Building Society, the mortgages and savings mutual, has joined finova Broker's Payment and Mortgage Services (fPMS) Mortgage Club lending, which connects brokers with their extensive panel ...
08 January 2025
Bluestone Mortgages today announces rate reductions across its entire product range, including Residential, Right to Buy, and Deposit Unlock. This move demonstrates Bluestone’s commitment to supportin...
08 January 2025
ASG Finance has announced the successful completion of a £1.7 million bespoke commercial bridging loan for a venue located on the River Thames. Introduced by Sedulo Funding Solutions, the case involv...
08 January 2025
New research from Atom bank has found over half of homeowners don’t know their property’s Energy Performance Certificate (EPC) rating despite many believing it can reduce bills and boost property va...
08 January 2025
Mutual supports customers by waiving all commission to provide the best possible price Almost a quarter (23%) of Brits admit to having no protection in place for their home A third (31%) citing po...
07 January 2025
New 2, 3 and 5 -year fixes available as UTB promises to ‘Get January Jumping’ United Trust Bank Mortgages has hit the New Year running by adding a range of 90% Loan to Value (LTV) two, three and five...
07 January 2025
Hanley Economic Building Society is kicking off 2025 with an exciting new initiative aimed at simplifying the application process for mortgage intermediaries and providing faster decisions on complex ...
07 January 2025
Average house price ends 2024 with annual growth of +3.3% House prices decreased by -0.2% in December Annually, property prices are up +3.3% (vs +4.7% last month) Typical property now costs £297,...
07 January 2025
Atom bank, the UK’s highest rated bank on Trustpilot, has completed a large commercial mortgage refinance for a chain of hotels within just 11 weeks. The borrower owns a chain of quality hotels in c...
07 January 2025
Norton Home Loans has announced the appointment of Corey Whelan as a new Business Development Manager (BDM), for the South of England. With a robust background in both the mortgage and equity release...
06 January 2025
The Halifax House Price Index for December 2024 will be issued via press release at 0700 hrs on Tuesday 7th January 2025.
06 January 2025
We wanted to let you know that we’re increasing rates and launching the following Clydesdale Bank products on Tuesday 7 January. Exclusives NEW 95% LTV 2 and 5 year Residential Purchase fixed rate...
06 January 2025
December 2024 - Quarterly Regional House price Update - Read our latest report Strong end to the year for UK house prices UK house prices are up 4.7% year-on-year in December Northern regions see...
06 January 2025
Hope value, comparable sales evidence, and market value are just three of the new topics covered as VAS Valuation Group deep dives in its newest Knowledge Hub short educational videos. In total, five...
06 January 2025
06 January 2025: Rockstone Compliance, which supports brokers with a hands-on approach to regulation, is teaming up with Acre, the innovative intermediary platform, to help give brokers the right syst...
06 January 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (6th January 2025) launched the latest iteration of its Mortgage Market Insights videos – a series of short int...
06 January 2025
Twenty7tec, the leading adviser tech provider, has announced mortgage market statistics for December 2024 as follows: In December 2024, compared to November 2024: Purchase mortgage searches were d...
06 January 2025
A variety of fee options, including 3%, nil and £3,995 £750 cashback on selected products Available for purchase and remortgage up to 75% LTV Paragon Bank has launched limited edition five-year...
06 January 2025
Hampshire Trust Bank (HTB) has completed a £3.93 million development finance loan to support the creation of five pre-let retail units in Faverdale, Darlington. The site is anchored by well-known te...
03 January 2025
With effect from Monday 6th January, we’ll be making changes across our residential and Buy to Let (BTL) mortgage product ranges. Please click here to see the changes.
02 January 2025
From Tuesday 2nd January 2025, Leeds Building Society will make reductions of up to 0.21% on products across its mortgage range with the aim of helping its members make savings on their monthly mortga...
