Press releases for January 2023

01 February 2023

Alternative Bridging Corporation has launched PartX Property Finance, a pre-approved part exchange facility to expedite sales and chain breaks on new home developments. PartX Property Finance will e...

01 February 2023

Dudley Building Society has joined the lender panel of SimplyBiz Mortgages, as they work to promote their specialist offering to a wider range of brokers. Dudley has been providing their customers wi...

01 February 2023

VAS Valuation Group is expanding its 2023 educational activities for lenders and brokers with the launch of a new video-driven website and series of podcasts. The new website, found at vas-group.co.u...

01 February 2023

The Envelop Network has announced that it is to host The Mortgage & Specialist Finance Expo on Wednesday 8th February in Milton Keynes. The Mortgage & Specialist Finance Expo will allow attendees to ...

01 February 2023

Paradigm, the mortgage, protection and compliance services proposition, has today (1st February 2023) added digital bank, Tandem Bank, to its lender panel. Tandem’s mortgage division was launched in ...

01 February 2023

Today, 1st February, Connect for Intermediaries has announced the promotion of Emma Roberts to the position of Head of Intermediary Relationships. In this new capacity, Emma will be responsible for le...

01 February 2023

Rental yields and tenant demand are holding firm for landlords’ property investments, however profitability of portfolios was slightly down on the previous quarter, according to the latest Q4 2022 BVA...

31 January 2023

Broker Conveyancing, the broker-focused conveyancing distributor, has today (31st January 2023) announced the appointment of a new Area Director. Charlotte Felton starts with immediate effect coverin...

31 January 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “Mortgage approvals in December were unsurprisingly down, given the lack of consumer confidence in recent months. We may also have expect...

31 January 2023

Simon Webb, managing director of capital markets and finance at LiveMore, said: “December is traditionally a slower month for mortgage lending so it is no surprise that the Bank of England’s figures a...

31 January 2023

Pepper Money has launched a remortgage proposition for existing customers and is paying brokers a full procuration (proc) fee to be involved in the process. This is the start of the journey as Pepper...

31 January 2023

Hope Capital has announced the recruitment of three new sales appointments to join its team, as the firm prepares for its busiest year to date. David Owen, Ben Lavelle and James McDonough all bring s...

31 January 2023

Landbay is reducing rates by up to 60 basis points across its range of buy-to-let mortgages for houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB). The loan-to-value is 75% for...

31 January 2023

National Friendly have released their new innovative approach to personal healthcare on the Rapid Quote Portal. The new product offers 4 different levels of cover to meet a range of clients’ budgets. ...

30 January 2023

LiveMore Capital has secured a credit facility of up to £250m from Citi taking total funding raised by the lender since inception to nearly £600m. Set up in in 2020 as a mortgage lender to support th...

30 January 2023

Just Wealth, the financial services arm of national brokerage Just Mortgages has revealed today that they exceeded their 2022 referral target from sister firm Just Mortgages. The ambitious target of ...

30 January 2023

Leading mortgage and protection broker, Access Financial Services, has reached 200-advisers following an unprecedented year of growth. The six-year-old firm announced this accomplishment at the Access...

30 January 2023

Submissions Brain is a cloud-based platform available to all intermediaries as a standalone service as well as through a range of integrations including Mortgage Brain’s CRM, The Key and sourcing syst...

30 January 2023

Loughborough Building Society has been added to the later life lending panel of Advise Wise to incorporate its borrowing into retirement product range. This announcement follows the recent integratio...

27 January 2023

Second charge lending reduced for the fourth consecutive month to £101.5 million in December 2022, figures reported directly to Loans Warehouse from second charge lenders confirm. Despite the recent ...

27 January 2023

Around 85 per cent of crypto-asset firms who applied to the Financial Conduct Authority (FCA) were unable to demonstrate they met the minimum standards required for registration under its anti-money l...

26 January 2023

- New embedded client messaging delivers instant client/broker communications for a smoother mortgage journey - Acre’s Client Portal allows home buyers to automatically perform eIDV and credit checks...

26 January 2023

Andrew Gething, managing director of MorganAsh said: “With six months to go until Consumer Duty comes into force, the FCA’s review highlights the considerable work still required by many firms. The ov...

26 January 2023

Knowledge Bank, the UK’s largest database of mortgage lending criteria, has launched a bespoke interactive criteria guide for lenders to promote their criteria in more places than ever to brokers. Th...

26 January 2023

LiveMore has rebranded with strong messaging that reflects its new broader product range. Now offering capital repayment mortgages as well as interest-only, LiveMore also has a new strapline, logo an...

25 January 2023

InterBay, part of specialist lender OSB Group, has partnered with VAS Panel to help speed up applications across their commercial and semi-commercial applications. InterBay was looking to enhance its...

25 January 2023

More than four out of 10 buy-to-let landlords (42%) intend to purchase additional property in the next 12 months, the Landbay quarterly landlord survey has revealed. Despite ongoing pressures on land...

25 January 2023

A “worrying” number of banks and financial institutions are still risking multi-million pound fines like the £107m penalty issued to Santander at the end of last year, an anti-money laundering expert ...

25 January 2023

Brightstar Financial has further boosted its management team with the promotion of Chantelle Haley to the role of Head of Sales Support. In her new role, Chantelle will provide leadership for the e...

24 January 2023

CHL Mortgages, the intermediary only specialist buy-to-let lender, has reduced 2 and 5 year fixed rates products across its Core and Refurbishment BTL ranges and has reintroduced 75% LTV options on it...

24 January 2023

Simon Webb, managing director of capital markets and finance at LiveMore, said: “Housing transactions dipped in December from the previous month but 2022 saw a relatively strong housing market with an...

24 January 2023

Karl Wilkinson, CEO at Access Financial Services said: “This morning’s housing transactions figures suggest that Q4 2022 was more robust than the doomsayers predicted. Despite rising mortgage rates, ...

24 January 2023

Martin Cheek, managing director of SmartSearch and a qualified lawyer said: “If the allegations are true, this shocking case serves as a reminder to all regulated firms to remain vigilant in the ongoi...

24 January 2023

Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft assets to meet the demand from its brokers a...

24 January 2023

The ASTL and FIBA have written to members and partners respectively, inviting them to support the development and delivery of the Certified Practitioner in Specialist Property Finance (CPSP) education...

24 January 2023

Now in their fourth year, the Specialist Mortgage Web Shows are back again for 2023. If you are a finance professional, this is certainly an event you do not want to miss. Expert lender speakers deliv...

24 January 2023

John Phillips, national operations director at Just Mortgages said: “these transaction figures show us that the end of 2022 wasn’t the housing market Armageddon that most commentators would have had u...

24 January 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “Although no-one will be surprised by the dip in residential transactions in December, that dip is really quite small and the current num...

24 January 2023

A businessman looking to part fund a business opportunity in the hospitality sector was able to raise £315,000 from Suros Capital against his watch collection, including models by Rolex, Patek Philipp...

23 January 2023

Mortgage lender TAB is launching an open banking interface. Open banking is a secure way for consumers to share their personal details and information with financial providers — as long as they give ...

23 January 2023

As part of its outstanding Young Brightstars Programme, The Brightstar Group is hosting a special event focusing on the theme of ‘Overcoming Adversity’. The event will see inspirational speaker and M...

23 January 2023

United Trust Bank's (UTB) Bridging Division completed a £3.3m regulated bridging loan to enable its customer to pay off their 1st and 2nd charge mortgages, several personal loans and to release furthe...

23 January 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (23rd January 2023) released the latest iteration of its Buy-to-Let Rental Barometer covering Q4 2022 rental yields across England and Wale...

23 January 2023

Envelop, one of the UK’s leading packaging partners, has extended its presence in the North of England with the appointment of Ashley Bailey as business development manager (BDM) for the region. Ashl...

23 January 2023

Aspen Bridging, in partnership with broker Blackhill Private Finance, has completed a £2,975,000 Residential Purchase bridge for an overseas client in just seven days. The investor, a high-net worth...

23 January 2023

National brokerage Just Mortgages has kicked off the new year with the appointment of five new regional directors to support its growing self-employed division. Mark Ferneyhough and Jason Whiteley ha...

23 January 2023

Landbay has made further reductions of up to 30 basis points on its five-year fixed rate Special Edition buy-to-let mortgage range. Rates start at 4.29% and the reductions apply to standard propertie...

23 January 2023

Mortgage & Protection network, HLPartnership (HLP), has announced the appointment of Bob Scott as Recruitment Manager. Bob brings with him over 25 years of experience in the financial services industr...

23 January 2023

Alternative Bridging Corporation has promoted Paul Gavin to the role of Head of Sales, Northern Division, to support the continued growth of the specialist property lender. Paul Gavin joined Alterna...

20 January 2023

Roma Finance was today unveiled as the latest lender to go live on Knowledge Bank’s new Interactive Criteria Guide. The guide is the first of its kind and provides detailed information on all resident...

19 January 2023

Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a range of tracker mortgage products. The lender said that it is offering: 6.20% (BBR + 2.70%) on a lifetime tracker...

19 January 2023

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (19th January 2023) announced the full agenda for its 2023 Annual Conference which is being held on...

19 January 2023

Broker Conveyancing, the broker-focused conveyancing distributor, has today (19th January 2023) announced the launch of a new Survey product for advisers, in partnership with The Moving Portal. Advis...

19 January 2023

Inheriting a home in 2023 will come with a bill of £20k on average – and that doesn’t even include inheritance tax Over half of UK adults (58%) expect to inherit at least one residential property dur...

19 January 2023

Re-designed with customers in mind, this system will allow advisors to introduce their clients to an insurance policy journey with minimal contact information before handing the consumer complete auto...

19 January 2023

Landbay continues its new year product innovation with the launch of a range of two-year discounted buy-to-let trackers with no early repayment charges. Rates start from 1.49% plus Bank base rate (BB...

19 January 2023

The latest data from Knowledge Bank’s monthly criteria index has revealed that December was once again a month of change for brokers criteria searches. The UK’s largest database of mortgage lending c...

18 January 2023

Mansfield Building Society has launched a 2 Year Fixed Rate mortgage at 6.09% for Shared Ownership lending. The new mortgage is available up to 95% share (75% LTV) and lending includes new build flat...

18 January 2023

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “There has been some respite recently with a fall in fuel and oil prices which has fed into the latest small, but w...

18 January 2023

Mortgage and protection broker, Access Financial Services, has unveiled its first academy of 2023. Last year, Access FS graduated 100 advisers over the year-long courses set-up as part of the firm’s o...

18 January 2023

Improving affordability and maximum lending, available for professional landlords. Now that Hampshire Trust Bank’s (HTB) service levels are back within SLA, it is launching two new specialist five-ye...

18 January 2023

The Envelop Network has announced the addition of Gatehouse Bank to its panel. This panel addition will provide Envelop Network members with access to Gatehouse Bank’s range of competitive buy-to-let...

17 January 2023

Mortgage Magic has launched credit report integration to make it even easier for brokers to recommend the most appropriate product for their clients. The new feature, which is supported by TransUnio...

17 January 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (17th January 2023) announced price cuts to its entire range of fixed-rate products. From today, advisers can access the reduction in pric...

17 January 2023

Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services - has today (17th January 2023) added Group Insurance specialist, YuLife, to its panel. ...

17 January 2023

VAS Panel, part of the VAS Valuation Group, has promoted Louise Chapman to Commercial Director and Natalie Benson to Operations Director as the company looks to further enhance client services. Louis...

17 January 2023

LiveMore, the mortgage lender dedicated to serving the 50-90+ age group, has reduced the rates on all of its products by 50 basis points. Rates now start at 6.19% with a £999 product fee and 6.34% fo...

17 January 2023

Landbay has updated its five-year fixed rate buy-to-let mortgage range with the introduction of lower loan-to-values and rates now starting at 4.39%. These five-year fixed rates are for standard prop...

16 January 2023

LiveMore, the mortgage lender dedicated to serving the 50-90+ age group, has reduced the rates on all of its products by 50 basis points. Rates now start at 6.19% with a £999 product fee and 6.34% fo...

16 January 2023

Allica Bank, the fintech challenger bank dedicated to supporting established SMEs, has doubled its maximum commercial mortgage loan size from £5 million to £10 million as it looks to ramp up support f...

16 January 2023

UTB Mortgages for Intermediaries (UTB) has further enhanced its Buy-to-Let mortgage application journey with the launch of a new and innovative digital process which it believes is an industry first. ...

16 January 2023

Hanley Economic Building Society has kick-started its 2023 lending campaign with the launch of four new products. The new products include an 80% LTV BTL discount, a fee-free 95% LTV term discount, a...

16 January 2023

A last minute change of security properties and a deadline to refinance during postal strikes did not stop Aspen Bridging completing a £2.1m Bridge-To-Let (BTL) loan within three weeks. The develope...

13 January 2023

Newcastle Intermediaries has launched a range of highly competitive 60% and 80% two-year fixed rate mortgage products for borrowers looking for certainty of rate over the short term. A two-year fixed...

12 January 2023

Established small and medium businesses have expressed concern about their prospects ahead of the government announcing it is set to reduce the amount of energy relief it is providing when the existin...

12 January 2023

Knowledge Bank has today announced that specialist lender TAB has joined the UK’s biggest criteria sourcing system. Knowledge Bank users can now source TAB criteria to check client suitability when t...

12 January 2023

LiveMore is bringing back fee assisted mortgage products, which includes a free standard valuation and has no product fee, giving borrowers aged 50-90+ more options. In addition, LiveMore has dropped...

12 January 2023

CLS Money are looking forward to welcome Lauren Alter as their Head of Operations, reporting to Founder and Managing Director, Clayton Shipton. Lauren’s new role at CLS will see her support the Speci...

12 January 2023

Bridging lender, Black & White, has strengthened its lending proposition, by expanding its reach into Scotland. This expansion has been made possible with a new funding line, which not only enables t...

12 January 2023

Specialist lender Spring Finance (Spring) has announced the key appointment of Shelley Connelly as Director of Mortgages. Shelley will be joining Spring on 1st February 2023 and will take on responsib...

11 January 2023

Mansfield Building Society has launched eight fixed rate mortgages, all available over a two year term, including a prime residential mortgage for house purchase up to 95% loan to value. The eight ne...

11 January 2023

Mortgage Broker Tools (MBT) has announced that it will be launching a new predictive mortgage modelling tool that will empower lenders to best build, price and deliver improved mortgage propositions. ...

11 January 2023

Buy-to-let specialist lender Landbay is lowering the rates on two-year fixed rate mortgages and reducing its income cover ratio (ICR) requirements for basic tax rate borrowers. This is the second int...

11 January 2023

Tuscan Capital, the short-term property finance specialist, has today (11th January 2023) announced that Mason Ward has joined the lender as a Regional Sales Manager for south London and the south of ...

10 January 2023

Stonebridge, the national mortgage and insurance network, has today (9th January 2023) welcomed the appointment of Rob Clifford to the Financial Conduct Authority’s (FCA) Smaller Business Practitioner...

10 January 2023

Newcastle Intermediaries has introduced a range of highly competitive 80% five-year fixed rate mortgage products to its portfolio. A five-year fixed rate at 4.55% (4.9% APRC) up to 80% LTV comes with...

10 January 2023

Cambridge & Counties Bank and Phoebus Software Limited (PSL) have signed a new five-year contract building on a 10-year partnership. The specialist bank and PSL have worked together since the bank’s ...

10 January 2023

Demonstrating its commitment and positive outlook for the market, Connect for Intermediaries has made three new senior hires complementing the existing strong leadership team and supporting its plans ...

09 January 2023

Kent Reliance for Intermediaries, part of the leading specialist lender OSB Group, has launched a competitive new residential mortgage range which includes the return of their popular income flexibili...

09 January 2023

Aspen Bridging concluded its busiest calendar year-to-date with a £2,572,500 gross Residential Refinance loan which it completed in 10 working days. Completed at 74% LTV, the experienced developer h...

09 January 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (9th January 2023) announced it completed over £1.2bn of new lending completions during the 2022 calendar year. Through the 12-month perio...

06 January 2023

Black & White Bridging is pleased to announce the appointment of Bret Jackson as Marketing & Communications Manager. Bret is an experienced Financial Services marketer with over 20 years of industry ...

06 January 2023

Precise Mortgages, part of the OSB Group, has lowered rates across a wide range of residential products and introduced supporting measures to help brokers accommodate clients with wider adverse requir...

06 January 2023

Trade and representative bodies covering the legal, surveying, estate agency and property management sectors, including the Conveyancing Association (CA), have today (6th January 2022) launched an upd...

06 January 2023

Dudley Building Society have launched three new mortgage products as part of their phased return to the mortgage market. They paused new applications in August last year after receiving an unprecedent...

05 January 2023

Foundation Home Loans, the intermediary-only specialist lender, has today announced the appointment of Sarah Hartwell as a Regional Account Manager. Sarah starts with immediate effect and will be res...

05 January 2023

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (5th January 2023) announced Armalytix, the data intelligence firm and Open Banking platform, as it...

05 January 2023

Spring Finance and Finspace have worked together to complete a £1.7m regulated bridging loan to facilitate the purchase of a “dream home” for the borrower. The borrower had negotiated an off-market pu...

05 January 2023

OSB Group, the award winning leading specialist lender & savings bank, has recruited two new ESG roles to support their social commitment which is to “have a positive human and social impact on the li...

05 January 2023

A $95 billion “black hole” in oligarch wealth shows strict sanctions on Russia are working, a leading anti-money laundering (AML) expert has argued. New data from Bloomberg has revealed Russia’s weal...

05 January 2023

Key Later Life Finance, the UK’s largest equity release advice firm, has seen positive results from its vulnerability assessments, with the help of MARS from MorganAsh. MorganAsh and Key have been wo...

04 January 2023

Mansfield Building Society has launched a simplified Versatility range, making it even easier for brokers to access the lender’s flexible approach for clients with complex circumstances. The revamped...

04 January 2023

Adam Oldfield, chief growth officer at Phoebus Software, says “The effect of rising interest rates and inflation have now begun to show in the latest figures from the Bank of England. The fact that th...

04 January 2023

John Phillips, national operations director at Just Mortgages said: “These figures reinforce my belief that we should embark on the new year with some optimism in the housing market. In what could rig...

04 January 2023

Leon Diamond, CEO at LiveMore, comments: “It has been an up and down market for both net and gross lending in 2022 but mortgage approvals are now firmly on a downward slide. “Mortgage approvals for h...

04 January 2023

Affordability for self-employed customers has dropped to its lowest level since records began, according to the latest Mortgage Broker Tools (MBT) Affordability Index. The latest data, based on thou...

04 January 2023

Landbay is starting the new year by re-releasing a Special Edition five-year fixed rate buy-to-let mortgage range offering a choice of interest rates and fees. Having launched a Special Edition limit...

03 January 2023

Paradigm, the mortgage, protection and compliance services proposition, has today (3rd January 2023) launched Paradigm Insights, a series of short interviews with senior lending personnel looking at h...