Press releases for January 2022

01 February 2022

Dudley Building Society has launched a new mortgage product, as they kickstart their support for the government’s First Homes Scheme. The Scheme assists local first-time buyers with the purchase of a...

01 February 2022

FinTech company, 360 Dotnet has facilitated over 215 billion pounds of lending through 360 Lifecycle since 2010. In 2021 they processed 37 billion of lending which is over 10% more than in 2020. This ...

01 February 2022

John Phillips, national operations director at Just Mortgages said: “Although net mortgage borrowing was down slightly on November’s figures, the year ended on a positive note. This optimism is based ...

01 February 2022

A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, found that almost two thirds of residential property professional...

01 February 2022

Industry leading specialist lender, West One Loans, has successfully completed a large, complex, regulated bridging loan for a HNW property professional. The case, packaged by Y3S, carried multiple co...

01 February 2022

Pepper Money has reduced rates on more than 100 fixed rate mortgages and launched 30 new tracker rates. The largest rate cut is on the Pepper 24 2-year fixed rate with 75% LTV, which has been lowere...

01 February 2022

Mercantile Trust, the specialist buy-to-let, bridging and commercial lender, has made a raft of significant improvements across its buy-to-let proposition. First of all, significant enhancements have...

01 February 2022

Castle Trust Bank has recruited Anna Lewis as Director of Proposition & Strategy to help drive the bank’s ongoing development of its specialist Buy to Let and Development Finance propositions. Anna, ...

01 February 2022

UK, February 01 2022: Halifax Intermediaries has become the latest lender to go live on Submissions Brain, the cutting-edge innovation from mortgage technology expert Mortgage Brain, following a succe...

31 January 2022

Phoebus Software Limited (PSL) and Hampshire Trust Bank have renewed their contract which will see the Phoebus solution continue to service the bank’s specialist mortgage and development finance lendi...

31 January 2022

Ilkley, UK – 31st January 2022 – Specialist anti-money laundering firm SmartSearch has reported record annual growth. The rapid expansion has been driven by a surge in demand for its industry-leading ...

31 January 2022

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has partnered with Legal & General’s SmartrFit affordability calculator tool...

31 January 2022

An excavation to uncover evidence of Oxford University’s lost college at the site of a student accommodation scheme under construction in Brasenose College’s Frewin Annexe has already unearthed part o...

29 January 2022

Leading outsourced communications provider, Moneypenny, has launched a world-first integration with Microsoft Teams to minimise interruptions for time-poor mortgage brokers, improve clients’ call expe...

28 January 2022

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced the appointment of Hugh Riley as Regional Director for the South West & South W...

27 January 2022

UK mortgage lender Enra Specialist Finance has announced today [27th January], that it has completed its second public securitisation, backed by a portfolio of buy-to-let and prime second charge mortg...

27 January 2022

Guildford-based construction firm Beard will be playing its part in supporting the next generation of young tennis players with the development of key improvements at The All England Lawn Tennis Club ...

27 January 2022

Pepper Money has announced the appointment of Sam Marshall as a Non Executive Director of the business following the completion of its integration with Optimum Credit. Marshall, who had been CEO of ...

27 January 2022

Brilliant Solutions, the mortgage club and specialist mortgage packaging business, has announced the launch of Brilliant Loans, a unique home for secured loan advice referrals. Brilliant Loans has bee...

27 January 2022

Organisations from across the legal, property, and mortgage sectors have called upon the Secretary of State for Levelling Up, Housing & Communities, Michael Gove MP, to begin implementing a series of ...

27 January 2022

United Trust Bank’s Property Development loan book has exceeded £1billion for the first time following a record year of new originations. The specialist lender has expanded the Property Development S...

27 January 2022

Fiduciam, the institutionally funded lender to housebuilders and entrepreneurs, has provided a £5.3m Recovery Loan Scheme facility for the development of an affordable retirement living scheme in East...

27 January 2022

In a first step towards its goal of becoming a fully-fledged fintech business, short term lender Black & White Bridging (B&W) has launched a new website to better support its introducing brokers and g...

26 January 2022

Martin Cheek, managing director at SmartSearch commented: “The gargantuan loss of taxpayer money through fraudulent claims is a massively unnecessary waste. Especially coming at a time when the govern...

26 January 2022

New research from anti-money laundering (AML) specialist SmartSearch has found just under a third (28%) of regulated businesses are unaware of digital AML solutions, such as electronic verification. T...

26 January 2022

Foundation Home Loans, the intermediary-only specialist lender, has announced a full refresh and reprice of its core residential and buy-to-let product ranges which includes improved rates, competitiv...

26 January 2022

Air Group, the leading later life services platform, has today (26th January 2022) announced in excess of £1 billion of later life lending was placed through its Air Club distribution business in 2021...

26 January 2022

Mansfield Building Society has reduced the rate on its two year fixed rate Shared Ownership mortgage and extended its affordability calculation to make it easier for aspiring home owners to get on the...

26 January 2022

New research from anti-money laundering (AML) specialist SmartSearch has found just under a third (28%) of regulated businesses are unaware of digital AML solutions, such as electronic verification. T...

25 January 2022

New Leaf Distribution Ltd are enhancing their secured loan offering by partnering with Norton Broker Services. Norton Broker Services are a specialist finance broker, who have been in the industry for...

25 January 2022

Paradigm Mortgage Services, the mortgage services proposition, has today (25th January 2022) added West One to its lender panel. From today, Paradigm member firms will be able to access West One’s bu...

25 January 2022

United Trust Bank (UTB) has announced the appointment of Nikki Brett to the new position of Head of Underwriting for the Bridging division. The key appointment follows the growth of the division’s Un...

25 January 2022

The survey, undertaken by SEON, revealed what measures, if any, business owners have put in place to help prevent fraudulent activity. You can view the full research here: https://seon.io/resources/r...

25 January 2022

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Brian Sanford as a BDM for the East Midlands area. Brian has worked within financial services for over 35 years, holdi...

25 January 2022

British Business Investments today announces it has committed £15m to Roma Finance, a North West based independent lender which specialises in property finance. This investment from British Business I...

25 January 2022

Award winning mortgage network, HLPartnership (HLP), has announced the expansion of its compliance team with the appointment of Trisha Hanratty as Head of Supervision, reporting directly to Compliance...

24 January 2022

Vernon Building Society has partnered with mortgage network PRIMIS, enabling the network’s appointed representatives to access its mortgage products. PRIMIS’ appointed representatives will now be abl...

24 January 2022

VAS Panel and VAS Audit’s Project Monitoring services completed 165 instructions with a combined value of over £350m in 2021, with each division planning to double operations in 2022. Notable projec...

24 January 2022

Roma Finance is delighted to announce the appointment of three new directors. Steve Smith has been appointed Sales Director, Michael Allison as Operations Director and Matthew Severs will become Finan...

24 January 2022

Foundation Home Loans, the intermediary-only specialist lender, has today announced the expansion of its mortgage offering to borrowers purchasing or remortgaging properties in Scotland. The product ...

24 January 2022

MBT Affordability announces that its partnership with leading estate agency and property services provider Connells Group will be extended to all Countrywide advisers, supporting them in researching t...

24 January 2022

Pepper Money today launches its second charge mortgage proposition following the completion of its integration with Optimum Credit. Under the integration, the Optimum Credit brand is retired, and it...

24 January 2022

West One Loans buy-to-let division has made a raft of positive changes to its product criteria, reducing rates and launching new products. The shake-up of products comes into effect from today [24th J...

21 January 2022

Sanctions Search are pleased to announce the launch of their new client side iOS and Android app ValidateMe©.  The app allows firms using Sanctions Search to gather, securely, high resolution scans of...

21 January 2022

John Phillips, national operations director at Just Mortgages said: “The festive season traditionally signals a slowdown in property moves, but 2021 was anything but a traditional year. The increase i...

21 January 2022

Richard Pike, Phoebus Software sales and marketing director, says “Although December is one of those months when many push to get their house purchases over the line before Christmas, it is nonetheles...

21 January 2022

Mansfield Building Society has taken up to 0.25% off its Versatility range of residential mortgage products, making its flexible underwriting even more affordable for borrowers who don’t meet the High...

20 January 2022

Hope Capital has welcomed Danielle Evans and David Weir to further strengthen its sales team. Danielle has over 14 years’ experience in the specialist lending industry and is CeMAP-qualified from the...

20 January 2022

Cloud-native platform provider SaaScada will help Allica Bank continue its growth in the mainstream banking market. 19 January 2022, London. SaaScada, the leading new core banking platform and servic...

20 January 2022

Aspen Bridging has completed five drawdowns on five different products in just one day, all with a combined total value of £3.4m. The feat, which was achieved on Friday 14th January, includes a £1.5...

20 January 2022

Following further Government intervention to support the removal of dangerous cladding in buildings between 11-18 metres high, The Conveyancing Association (CA) - the leading trade body for the convey...

19 January 2022

Stuart Wilson, CEO of Air Group – the later life services platform, said: “One of the key takeaways to come out of this Market Monitor, is the sector’s growing maturity when it comes to refinancing a...

19 January 2022

United Trust Bank (UTB) is aiming to build upon its record-breaking 2021 Asset Finance performance by continuing to grow its team, developing innovative products and investing in technology. UTB’s As...

19 January 2022

The addition gives Brilliant Solutions’ advisers access to Norton Home Loans’ entire first and second charge product range, including options for credit impaired customers, right-to-buy options and a ...

19 January 2022

HoneyPro is a brand new, end to end, cost-effective, user-friendly estate planning platform that’s managed entirely by your clients, not your team. The intelligently automated process is designed by ...

19 January 2022

Rents in the South West match national average for first time during Q4 2021 Bristol, – Average UK rents increased for the fifth consecutive quarter during Q4 2021 according to The Deposit Protectio...

19 January 2022

Suros Capital, the luxury asset lender, has completed a short term loan of £100,000 for a US based wine collector, who has taken advantage of his current wine collection by using part of it as securit...

19 January 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (19th January 2022) released the latest iteration of its Buy-to-Let Rental Barometer covering Q4 2021 rental yields across England and Wale...

18 January 2022

Fiduciam, the market place lender specialising in short-term and development loans, has secured £400 million of new funding to be deployed in 2022. As a result, it will expand its operations and lower...

18 January 2022

Bristol, 18 January 2022 – Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates across its mortgage product range. The lender said it is offering 2.84% o...

18 January 2022

Pepper Money has made several improvements to its Buy to Let criteria, including reducing minimum income requirements to £15,000 for existing landlords, and lifting some restrictions around limited co...

18 January 2022

Mansfield Building Society has joined PRIMIS Mortgage Network’s lender panel, the award-winning network with over 2,500 advisers. The new agreement will provide access for PRIMIS advisers to The Mans...

17 January 2022

- Saffron has enhanced its risk team with the return of a society veteran and a new deputy promoted in to the department. - The society is set to continue its 2021 commitment to providing an industry...

17 January 2022

JLM Mortgage Services has announced today (17th January 2021) it has become the first mortgage and protection network in the UK to offer a Carbon Neutral house-buying process to all its purchase clien...

17 January 2022

Carter brings huge experience of banking and building society sector. Recognise Bank has announced Dean Carter is to become the SME bank’s Group Treasurer. Carter had been working with the bank last ...

17 January 2022

Roma Finance, the lender less ordinary, is delighted to announce the appointment of Samantha Williamson to bridging & development specialist. Samantha, who has been a senior underwriter with a strong...

17 January 2022

Sirius Property Finance has structured a bespoke development loan to provide 87% of purchase price on day one along with the entire build costs on a portfolio of 10 properties being converted into HMO...

14 January 2022

The figures reported directly to Loans Warehouse from second charge lenders confirm lending totalled £118.4 million in December 2021. Whilst the number of completed loans reduced to 2,500, the averag...

14 January 2022

Mortgage Broker Tools has launched a major upgrade to its Affordability research platform with the introduction of bespoke calculations for borrowers earning income through the Construction Industry S...

14 January 2022

Fraser Johns, finance director at Beard said: “The growth in output in November is certainly encouraging that the construction sector is moving in the right direction. A major positive is that in the ...

14 January 2022

Aspen Bridging worked through the Christmas break to complete a £981k bridge in 18-days to ensure an applicant cleared their existing debt and avoided costly penalties early in the new year. Consis...

13 January 2022

New analysis from Knowledge Bank shows business owners are turning to second charge mortgages to raise capital as the Omicron variant disrupts industries across the UK. These findings come from the la...

13 January 2022

Pepper Money has made several enhancements to its Residential criteria to make its proposition more accessible to a diverse group of home movers and remortgage customers. The specialist lender has r...

13 January 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (13th January 2022) announced it completed £782m of lending during the 2021 calendar year, posting a pre-tax profit of £6.97m. Through the...

13 January 2022

Fiduciam, the institutionally funded short-term lender to housebuilders and entrepreneurs, is targeting a major expansion in Scotland for 2022. A new Scottish team has been established with a nationwi...

12 January 2022

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to record highs, mortgages rates at less than 1% and the end of the stamp duty holiday which helped 1...

12 January 2022

Mansfield Building Society has reduced rates and simplified its buy to let mortgage range with four new products, all accepting applications for Standard, Consumer and Limited Company Buy to Let with ...

12 January 2022

Specialist buy-to-let lender Landbay has been officially certified as a Carbon Neutral Business for the offsetting of its greenhouse gas emissions. The endorsement comes from Carbon Neutral Britain, ...

12 January 2022

Suros Capital, the luxury asset short term lender, has advanced £53,200 (70% LTV) to a restauranteur against a collection of Rolex, Hublot and Audemars Piguet watches valued at £76,000. In the proces...

12 January 2022

12th January 2022: General insurance provider Berkeley Alexander has announced the appointment of Caine Bruce to its broking team. Caine joins from One Answer Insurance, where he was a sales agent an...

12 January 2022

Alternative Bridging Corporation has strengthened its sales team with the recruitment of two new BDMs. Paul Gavin joins Alternative Bridging Corporation as a BDM for the North with more than 15 years...

11 January 2022

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has become the first third-party system to integrate with Submissions Brain,...

11 January 2022

Leading broker firm, Just Mortgages has restructured into East and West divisions in order to efficiently manage its growth, with changes taking effect this week. The firm has grown at least 20% every...

11 January 2022

Sherice Neil has joined Hampshire Trust Bank (HTB) as head of new business, Property Finance. Sherice joins HTB from MT Finance, where she was head of new business, to work alongside the HTB Speciali...

11 January 2022

The latest Pepper Money Adverse Credit Study has revealed that more than half of customers with adverse credit looking to buy a property say they would speak to a broker to help them get a new mortgag...

11 January 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (11th January 2022) announced a number of price reductions across all three of its core areas of lending – standard, limited company/LLP, a...

11 January 2022

United Trust Bank (UTB) has appointed Alex Cooper as Specialist Motor Finance - Lead Business Development Manager within its Asset Finance Sales team with the specific objective of continuing to grow ...

11 January 2022

UK, 11 January 2022: Mortgage technology expert Mortgage Brain is to hold its next Criteria Masterclass on 19th January, on the topic of ‘Where home matters to everyone’. The Masterclass is being run...

11 January 2022

Black & White Bridging, the national short term lender, has appointed Naeem Tabassum to the post of Financial Director. Naeem, who has been instrumental in the financial development of some of the be...

11 January 2022

The research, undertaken by anti-fraud experts SEON, has revealed the areas with the highest rates of business fraud per 100,000 people. The research used data from Action Fraud and recorded both the...

10 January 2022

Impact Specialist Finance has announced that all their exclusive and semi-exclusive products can now be sourced on the intermediary product sourcing systems, MortgageBrain and Sourcing Brain. Impact’...

10 January 2022

Recognise Bank, one of the UK’s newest challenger banks, has opened a new regional hub in Leeds, showing its commitment to the North and reinforcing its fintech credentials. Recognise will now be bas...

10 January 2022

Stonebridge, the national mortgage and insurance network, has today (10th January 2022) announced its Check, Action & Resolve (CAR) system has now hit over 1.1 million checks across more than 28,000 m...

10 January 2022

Ilkley, UK – 10th January 2022 - SmartSearch, the leading anti-money laundering specialist, today announces the appointment of Guy Harrison as CEO. Guy will drive SmartSearch’s strategic plan to build...

10 January 2022

Bridging lender TAB is to invite brokers to use its new office at The Grain Yard, in Borehamwood, as a hot desk base. TAB is offering brokers a private room to work with access to all the lender’s am...

10 January 2022

Sirius Property Finance has partnered with Miragon Investments to secure the completion of a development loan to finance the conversion of a listed mansion with a Gross Development Value (GDV) of £26m...

07 January 2022

Martin Cheek, MD of SmartSearch said: “To have a high-profile law firm like Mishcon de Reya receiving one of the largest fines the SRA has issued should act as a wake-up call for the legal sector. “T...

07 January 2022

Fraser Johns, finance director at Beard, said: “While growth slowed in December, the overall picture is a positive one. Supplier delays are easing slightly, price inflation is reducing and starting to...

06 January 2022

Leading broker firm, Just Mortgages has doubled its number of area directors from 11 at the start of 2021, to 22. The rapid expansion has been essential to support the growing numbers in the self-emp...

06 January 2022

Landbay starts off the new year with a complete product refresh to simplify its buy-to-let mortgage range and has added new build homes into its Green criteria. The specialist lender has made signifi...

06 January 2022

Castle Trust Bank has cut the rate on one of its most popular products, extended special offers and improved valuation criteria as part of a range of new year proposition enhancements. The specialist...

06 January 2022

Pepper Money has been given regulatory approval to complete its integration with Optimum Credit. Under the integration, Optimum Credit will be rebranded as Pepper Money, meaning that the specialist ...

05 January 2022

- 59 per cent of buy-to-let community say the term “landlord” is dated - “Small housing provider” is preferred alternative - 88 per cent say they are unfairly portrayed as this generation’s financial...

05 January 2022

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced a 100% pass rate across its training academy with all 28 trainees graduating as...

05 January 2022

Homeowners are expected to be more proactive in 2022 as they seek to escape from short leaseholds and onerous ground rents which have left them unable to sell their properties. Leasehold expert Jona...

05 January 2022

Mansfield Building Society has appointed Tom Molloy as its Intermediary Sales Manager following the departure of Andy Alvarez. Tom has been the Society’s National Account Manager for mortgage interme...

04 January 2022

Richard Adams, Founder and Stonebridge Board Adviser, sadly passed away on Boxing Day 2021 after a long battle with cancer. Richard died at home with his family around him – wife, Jan, his son, Tom, ...

04 January 2022

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “The publication of today’s Bank of England statistics show there were 67,000 mortgage approvals in November 2021, which was significantly...

04 January 2022

John Phillips, national operations director, Just Mortgages said: “While the market has certainly cooled since the end of the stamp duty holiday, approvals remained robust in November. “Traditionally...

04 January 2022

Richard Pike, Phoebus Software sales and marketing director, says “Starting the new year with a look back to November gives us an idea of things to come, especially when we look at remortgaging. The f...

04 January 2022

Funding allows developer to refinance and progress to next stage of the development. Recognise Bank has announced the completion of a £2.3 million bridging loan deal on an eco-housing development in ...

04 January 2022

According to research by Foundation Home Loans, the intermediary-only specialist lender, 67% of all homeowners, or those who want to become homeowners, would consider a lower mortgage rate based on th...