Press releases for February 2020

27 February 2020

Stonebridge, the mortgage and insurance network, has today (27th February 2020) revealed it achieved record results for appointed representative (AR) recruitment into the business during January 2020....

27 February 2020

The latest landlord research from Foundation Home Loans, the intermediary-only, specialist lender has revealed that over half of all landlords do not use the services of a tax advisor, while 40% use o...

27 February 2020

Newcastle Intermediaries has reduced rates on its fee assisted Buy to Let mortgages by 0.20% and extended end dates across the range. Both the two and five year mortgages come with no fees to pay, f...

26 February 2020

United Trust Bank has recruited Giles Hussey to join the underwriting team in the Bank’s Asset Finance division. Giles joins the Bank from Hitachi Capital where he spent 7 years and will report to Se...

26 February 2020

Key highlights: - Operating profit increased by 11 per cent to £16.3m, compared to £14.7m for 2018 - 12 per cent net growth in customers - Record net core residential mortgage lending at £575m, more ...

26 February 2020

Kuflink’s Peer to Peer platform is celebrating, having reached an impressive investment milestone of £75 million since launching four years ago and without a single investor losing a penny. This mile...

26 February 2020

Specialist finance trade body, FIBA, has added Reward Finance Group to its lender panel. With offices in the financial districts of Leeds and Manchester, Reward Finance Group lends from £50k to £3m a...

25 February 2020

A new organisation has launched today to promote the UK mortgage industry, raise awareness and understanding among consumers about the range of options available, and highlight the importance of advic...

25 February 2020

United Trust Bank has extended the use of its electronic ‘facial recognition’ ID verification service to bridging customers. The system, based on a bespoke smartphone App, was successfully rolled out ...

25 February 2020

Specialist distributor First 4 Bridging (F4B) has announced the addition of investment and mortgage specialists Castle Trust to its lending panel. This addition will allow F4B’s intermediary partners...

25 February 2020

Mortgage Magic, which launched its CRM and mortgage management platform earlier this month, has vowed to support qualified small mortgage brokerages in the UK by offering its platform on a no cost bas...

25 February 2020

Just Mortgages has just appointed its first female Financial Services Director as it continues its expansion and diversity drive. Kerry-Ann Davies has been in financial services for 16 years having s...

24 February 2020

Eligible has assembled a new Advisory Board. Comprised of mortgage industry leaders, the Advisory Board will work with management to ensure that it stays at the forefront of industry trends. Eligible ...

24 February 2020

Foundation Home Loans, the intermediary-only specialist lender, has today (24th February 2020) announced a new partnership with packager firm, The Mortgage Trading Company. From today, Foundation wil...

24 February 2020

Newcastle Intermediaries has today been added to Mortgage Intelligence’s lender panel. The appointment gives more than 400 network advisers and all mortgage club members access to Newcastle Intermedi...

20 February 2020

TWO years of wearing casual clothing to work has resulted in a generous donation to charity from Leek United... Every week, colleagues pay £1 each to leave their smart business uniform at home and ta...

20 February 2020

Bridging lender Fiduciam has closed a complex cross-border loan with a transaction value of €10m in the student accommodation sector, involving the acquisition of two Luxembourg companies each owning ...

20 February 2020

The MCI Club has today launched a new digital mortgage broker platform. Aimed at traditional brokers, it will be free to use for all existing members of the MCI Mortgage Club as well as new registrant...

19 February 2020

Roma Finance, the bridging, buy to let and development lender, stepped in and acted quickly to help a developer who was facing impending insolvency on a site that urgently needed a cash injection to g...

18 February 2020

Air Mortgage Club - the distributor for equity release and later life advisers – has today (18th February 2020) announced the addition of Chorley Building Society to its retirement lending panel. Mem...

17 February 2020

- 26% of landlord borrowers opted for a 2-year fixed rate buy-to-let mortgage product in Q4 2019 – up from 8% in Q4 2018 - Shorter Early Repayment Charge (ERC) periods fuelled the rise in landlords op...

17 February 2020

Uinsure, the multi award-winning InsurTech firm, is excited to announce the addition of online quote and buy Non-Standard Home Insurance to its Defaqto and Moneyfacts Five Star rated proposition. Thi...

13 February 2020

Impact Specialist Finance, the specialist mortgage broker and distributor, has announced that it will be hosting two ‘Specialist Lending and Technology Expos’. These will consist of a full day of act...

13 February 2020

The first criteria index of 2020 has shown that the wider mortgage sector looks set to be a market of contrasts according to criteria search specialist Knowledge Bank, which collects the data. In som...

13 February 2020

Asset management specialist Spicerhaart Corporate Sales has announced record performance levels in January. It achieved an average sale price of 107.2% against market value in January, which surpasse...

12 February 2020

Morgan Price International Healthcare are pleased to announce a new collaboration with Rapid Quote, the broker portal for UK Private Medical Insurance, to increase the range of options for UK brokers ...

12 February 2020

Paradigm Protect, the directly authorised protection proposition, has today (12th February 2020) announced the addition of mutual protection provider, British Friendly, to its panel. From today, all ...

12 February 2020

Air Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today (12th February 2020) announced specialist financial services group, Just, as its latest Ambass...

12 February 2020

Assurant Intermediary, the broker focussed GI protection specialist, has launched a new landlord product in association with digital insurance provider, Modus Underwriting Ltd. The product is added t...

12 February 2020

South West financial experts, Old Mill, has been named as one of the Best Financial Advisers to Work For by the Professional Adviser Awards. The Best Financial Advisers to Work For is a survey and aw...

11 February 2020

1st Stop Group Limited, the specialist consumer lender, is delighted to announce that it is set to partner with the leading data and analytics business, AccountScore Limited. AccountScore provides act...

11 February 2020

The mortgage is offered at a new LTV tier of 80%. Stockport’s mutual, Vernon Building Society, has launched a new five-year fixed rate available at up to 80% loan-to-value. The new mortgage is fixed...

11 February 2020

Digital business solutions agency launches website and portal audit service specifically aimed at the mortgage sector. Dock9’s audit helps mortgage lenders, brokers, servicers and software platforms ...

11 February 2020

First 4 Bridging (F4B) has today (Tuesday 11th February 2020) become a preferred specialist distribution provider for the Beneficial Network. This partnership will offer Beneficial’s advisers access ...

11 February 2020

Bridging lender Hope Capital has started 2020 with its best ever January performance. Hope Capital is well-placed to tap into the surge of confidence in the market that has followed the general elect...

11 February 2020

Just Mortgages has boosted its client services team to drive increased remortgage and protection business for its brokers. The team, headed up by Operations Manager Jessica Brome, is targeting an incr...

11 February 2020

Fiduciam has put in place a £973,000 loan to refinance a varied portfolio of seven properties, held across nine titles, after the borrower was hit with a large, unexpected, tax bill. Previous poor ad...

11 February 2020

Bristol, 11 February 2020 – Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has significantly reduced a range of its interest coverage ratios (ICR). For houses in multiple ...

10 February 2020

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has used its Annual Conference to urge member firms to be prepared for significant changes in the future and to...

10 February 2020

Roma Finance, the bridging, buy-to-let and development finance lender, has cut rates across their product range. Further funding lines with Royal Bank of Scotland and Cambridge Building Society have ...

10 February 2020

Mortgage Magic, which formally launched its CRM and mortgage management platform last week and is currently onboarding selected intermediary firms and already attracting interest from networks and lar...

10 February 2020

The Julian Harris IFA and Mortgage Adviser Networks have joined the Equity Release Council. All Equity Release writing advisers with the networks are now members of the Council. Helen Harris, Directo...

07 February 2020

Phoebus Software Limited (PSL), the Solihull based software company donated £10,500 to charity last year with £7,500 going to Acorns Childrens’ Hospice. The other £3,000 was donated to charity initiat...

07 February 2020

Stonebridge, the mortgage and insurance network, has used its National Conference to announce its 2019 trading results across its principle product areas, with over 400 people attending the annual eve...

07 February 2020

Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of rate reductions across a number of products in its core buy-to-let range. The rate cuts cover both indi...

07 February 2020

Fleet Mortgages, the buy-to-let specialist lender, has today (7th February 2020) launched the first iteration of its new Quarterly Buy-to-Let Index, which features a Rental Barometer analysing rental ...

06 February 2020

Financial experts Old Mill have joined the South West Apprenticeship Ambassador Network (SWAAN) as part of the business’ belief in and commitment to apprenticeship programmes. The Apprenticeship Amba...

06 February 2020

Hope Capital has started the year with a bang with a complex £4million deal. Hope Capital completed the £4 million loan on a magnificent multi-million pound four-storey country house, set in extensive...

06 February 2020

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has integrated UK Credit Ratings into its live platform. The integration of...

05 February 2020

A CHARITY dedicated to helping blind and partially-sighted people lead more independent lives has received a further cash boost from Leek United. The Society’s Mortgage Operations team has made a don...

04 February 2020

Mansfield Building Society has made its standard residential and specialist Versatility mortgage range available to borrowers looking to take advantage of the Scotland First Home Fund initiative. Th...

04 February 2020

AmTrust International, the Europe-wide private mortgage insurer, has today (4th February 2020) announced the completion by its Mortgage & Credit division of a capital relief transaction on a €1bn resi...

03 February 2020

3rd February 2020: General insurance provider, Berkeley Alexander (BA), has today announced it has added Azur Underwriting Ltd to its growing panel of mid-net-worth (MNW) and high-net-worth (HNW) insu...

03 February 2020

Uinsure, the multi award-winning Insurtech firm, has been awarded a Defaqto Five Star rating for the seventh consecutive year. Uinsure’s Home Insurance product has been given Defaqto’s highest possib...

03 February 2020

Below are comments on the Equity Release Council’s Q4 2019 lending figures from Stuart Wilson, Chief Executive at Answers in Retirement Group: “As a business fully immersed in the later life and equi...

03 February 2020

3rd February 2020: The Right Mortgage and Protection Network is celebrating half a decade of supporting the UK’s mortgage and protection brokers, and firms, in all areas of business. In their five ye...

03 February 2020

BEP Systems, the mortgage origination software house, has been appointed by the State Bank of India UK (SBI UK) to provide a systems solution for its buy to let lending platform. SBI UK operates via ...