Press releases for February 2021

01 March 2021

Landbay, one of the UK’s leading buy-to-let lenders, has today launched an innovative buy-to-let calculator that is unique to each specific Landbay product and client. This means intermediaries can ad...

01 March 2021

Arnold & Baldwin has launched an offer of free one-to-one Zoom training sessions with mortgage brokers to educate them about the new RICS Home Survey Standard, how to properly prep buyers and how a we...

01 March 2021

Castle Trust Bank has completed a £9.6m development exit loan, structuring a hybrid solution that combines a serviced loan and a bridge. The specialist lender worked together with Sirius Property Fin...

01 March 2021

Richard Pike, Phoebus Software sales and marketing director, says “The figures from the Bank of England today come as we are reading of more rumoured (leaked) changes for the housing market ahead of t...

01 March 2021

United Trust Bank (UTB) has launched a range of First Time Buyer (FTB) residential mortgage products with rates from 3.80%. Key features of UTB’s new FTB range include: Max 80% LTV and £500k Loan ...

01 March 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “Brexit appears to have had a negligible impact on the mortgage market as approvals remained robust in January. The s...

26 February 2021

Air Group, the leading later life services platform, has today (26th February) announced its second half-year equity release provider ‘Temperature Check’ report focusing on a number of key service mea...

26 February 2021

Mortgage Broker Tools (MBT) has launched a criteria search tool that enables brokers to quickly research exact criteria wording directly from nearly 100 lenders. MBT Criteria Search provides brokers ...

25 February 2021

Knowledge Bank and Iress have collaborated to provide the UK’s very first, fully-integrated product and criteria sourcing system. Through a single search, brokers will be able to find the exact lender...

25 February 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (25th February 2021) cut rates across a number of products within both its residential and buy-to-let ranges. The Foundation ...

25 February 2021

Alternative Bridging Corporation has launched Development 90, a stretched senior loan for mid-size residential developments, providing 90% Loan to Cost on transparent, easy to understand terms. The le...

25 February 2021

25th February 2021: General insurance provider, Berkeley Alexander, has witnessed record numbers for mortgage intermediaries and IFAs introducing GI business in December and January 2021. Figures are ...

25 February 2021

BuildLoan has reduced the rates on a range of self build mortgages, providing even greater choice and exceptional value to clients wishing to build their own home. The variable rate discounted produc...

25 February 2021

Following the success of Just Mortgages’ first academy of 2021, the next crop of budding brokers are set to begin training on 19th April. The first academy had an incredible 750 applicants for only ei...

25 February 2021

Suros Capital, which lends against luxury assets, is seeing a growing trend for enquiries from brokers whose clients wish to borrow using classic cars as security against short-term financing needs. L...

24 February 2021

Plans to locate a building society branch as part of a local library are moving forward in the town of Tynemouth on the North East coast. Proposals to demolish and reconstruct the existing Library bu...

24 February 2021

- Joint Borrower Sole Proprietor receives a boost with no arrangement fee and free valuation. - NEW: Saffron launches a new Expat BTL 2-year fixed rate alongside the successful 5-year fixed with redu...

24 February 2021

Mortgage Broker Tools (MBT) has already saved brokers almost 100,000 hours in 2021, by carrying out vital affordability research on their behalf. Since the start of the year, MBT Affordability has c...

24 February 2021

MCI Mortgage Club’s lender panel goes from strength to strength with the appointment of Ipswich Building Society. Ipswich offers a comprehensive range of products with no maximum age at entry or exit...

24 February 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said, “This proposed extension shows the importance of the housing market to the UK economy. It will certainly help ease th...

24 February 2021

UK, 24th February 2021: Mortgage technology expert Mortgage Brain has today announced that Zahid Bilgrami has been appointed as Group CEO and is expected to join the business in April. Zahid joins Mo...

24 February 2021

Portfolio management platform, Lendlord, has launched an online bridging lender for property investors. Available on the Lendlord platform, the automated lender will generate heads of terms, online ...

23 February 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said, “Despite a slight dip in transactions from December, January was another incredibly strong month for the housing mark...

23 February 2021

Commenting on the launch of the new Conveyancing Task Force, John Dobson, CEO at SmartSearch, said: “The launch of this new task force for the conveyancing sector is a really positive move, particular...

23 February 2021

UK, February 22 2021: Mortgage technology expert Mortgage Brain will hold its leading intermediary event Mortgage Vision online in March in a brand new format, offering mortgage advisers the opportuni...

23 February 2021

An innovative volunteering project has allowed employees at Newcastle Building Society help isolated and older people in the North East with more than 500 tasks since it was launched last year. Worki...

23 February 2021

SmartSearch, the UK’s leading anti-money laundering (AML) solution provider, has called on lenders, brokers and conveyancers to learn the lessons from the Government’s failure to prevent the loss of £...

23 February 2021

United Trust Bank (UTB) has increased the maximum LTV available across their entire suite of regulated and non-regulated bridging loans to 70%. This includes property improvement loans for heavy refur...

23 February 2021

Richard Pike, Phoebus Software sales and marketing director, says “If ever there was a case for ‘looking at the bigger picture’ this is it. On the face of it the non-seasonally adjusted figures for re...

23 February 2021

Jonathan Sealey, CEO at specialist short-term lender Hope Capital, said: “For the first time since April when the bounce back in the property market began, we can see the level of residential transact...

23 February 2021

Mortgage advisers expect no decrease in Buy to Let purchase activity once the Stamp Duty Land Tax (SDLT) holiday comes to an end, according to research by Pepper Money. In a recent survey of adviser...

22 February 2021

- Saffron Building Society has received accreditation and becomes a member of the Good Business Charter. - The Society becomes only the second to join the Good Business Charter to further support its...

22 February 2021

The Conveyancing Task Force A number of leading organisations in the conveyancing profession have agreed to work together as The Conveyancing Task Force to discuss, and where possible agree, on refor...

22 February 2021

Data from the latest MBT Affordability Index has found that there is at least one lender available to meet the loan requirements of self-employment mortgage applicants on 71% of cases. This is accor...

22 February 2021

Aspen Bridging has completed its first deal on its new 2021 ratecard, and in the process helped a developer complete an imminent stage payment on a second site before it fell through. Taking just 10...

22 February 2021

Roma Finance has rebranded across all channels with a vision to provide lending less ordinary as standard. The lender plans to lead the short-term finance market and has an ambitious and sustainable ...

22 February 2021

Air Group, the leading later life services platform, has today (22nd February 2021) announced the launch of a new panel proposition, Air Select. As a core element of the new service, the new feature-r...

18 February 2021

The Right DA Club announces its brand relaunch with the promotion of a new website directly influenced by its new DA team and their existing members, alongside their new and improved compliance packag...

18 February 2021

Hope Capital was put to the test recently when it was presented with a challenging project where the client needed a bridging loan almost instantly. This particular case was a heavy refurbishment pro...

18 February 2021

UK, February 18 2021: Lendex, the multi-lender application and submission gateway from mortgage technology experts Mortgage Brain, has been made available to all mortgage advisers from Wednesday 17th ...

18 February 2021

Direct integration with Microsoft reiterates Smartr365’s position as the UK’s leading mortgage technology platform Smartr365 has today announced its latest new feature, SmartrTalk, powered by Micros...

18 February 2021

Castle Trust Bank has been added to the lender panels of PMS Mortgage Club and Sesame Network. Members of PMS and Sesame now have full access to Castle Trust Bank’s Buy to Let mortgages, bridging and...

18 February 2021

BEP Systems, the mortgage origination software house, has been appointed by Jordan International Bank Plc (JIB) to provide system solutions for its new mortgage and buy to let lending platform. Regul...

18 February 2021

MCI Mortgage Club continues at pace to expand its panel with the addition of specialist lender Roma Finance. The latest lender to join the panel gives MCI members more choice in helping customers who...

17 February 2021

Dudley Building Society has teamed up with My Safe Home Ltd, the UK’s leading provider of help and support for people with a long term disability who want to buy their own home, to be a mortgage provi...

17 February 2021

First 4 Bridging (F4B) has appointed Sonia Mann as a Key Account Manager to cover the Midlands and surrounding areas. Sonia joins F4B after holding the position of corporate director at Together. She...

16 February 2021

Phoebus Software Limited (PSL) has revealed the results of its annual vote which determines its nominated charity for the year ahead. In 2021, staff at PSL will be supporting the UK’s largest charity ...

16 February 2021

Mortgage advisers expect to encounter more Buy to Let customers with adverse credit as a result of Covid, according to research by Pepper Money. In a recent survey of advisers active in Buy to Let*,...

16 February 2021

Brightstar Financial has launched a new campaign to educate brokers about the benefits of diversifying their business and is offering individual Zoom sessions to provide one-to-one guidance on how to ...

16 February 2021

Fleet Mortgages, the buy-to-let specialist lender, has today (16th February 2021) announced a range of price cuts on both its two- and five-year fixed-rates across its three ranges – standard, limited...

16 February 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (16th February 2021) launched a new ‘Green Reward’ remortgage for landlords. The five-year fixed-rate mortgage for landlord b...

16 February 2021

Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today (16th February 2021) announced the sale of Group firm, Pink Pig Loans, back to its management t...

16 February 2021

“We are pleased that it seems the chancellor is listening to voices from the industry, including the ASTL, and considering providing breathing space for those transactions that are currently proceedin...

15 February 2021

- Royal Bank of Scotland least trusted bank for online bank transfers - 65+-year-olds most sceptical of online banking, surprisingly followed by 18–24-year-olds - Santander customers found to have ...

15 February 2021

Hanley Economic Building Society has temporarily halted new lending in order to complete the final stage in the overhaul of its mortgage processing platform. All mortgage products have been temporari...

15 February 2021

Lender will also take on larger HMO properties thanks to funding boost. West One Loans’ buy-to-Let division has announced major criteria changes which will see maximum borrower exposure limits raised...

15 February 2021

The latest MBT Affordability Index has found that the average maximum loan available to mortgage borrowers dropped to a record low in January. According to the data, the average maximum loan availab...

15 February 2021

Bridging completions were £2.88bn in 2020, down from £3.99bn in 2019, but applications grew by more than 11% on the previous year. This is according to the latest figures compiled by auditors from d...

15 February 2021

Plus additional hires boost underwriting and IT teams. Aspen has appointed Ian Miller-Hawes to the newly created role of Head of Sales, as well as strengthening its Underwriting and IT functions with...

15 February 2021

BuildLoan has added a new competitive *ERC-free variable rate mortgage to its product range. The new ERC-free mortgage is funded by the Stafford Railway Building Society and is exclusively available ...

15 February 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (15th February 2021) announced it will run its first online workshop to support those considering going Directly Authorised (DA...

12 February 2021

In a first of its kind agreement, Legal & General has partnered with Smartr365 to enable single sign-in for advisers using its SmartrCriteria and SmartrFit tools through the end-to-end mortgage platfo...

12 February 2021

The latest landlord research from Foundation Home Loans, the intermediary-only specialist lender, has revealed landlords fully intend to continue purchasing rental property after the stamp duty holida...

12 February 2021

The loan will fund the development of a block of 100 one- and two-bedroom apartments, with underground parking and cycle storage in Peterborough, Cambridgeshire. The scheme, which is part of the River...

11 February 2021

Vernon Building Society has refreshed its residential mortgage range, including six new fixed and discounted options. The mutual has made things clear and simple with the same interest rate availabl...

11 February 2021

Enra Specialist Finance has announced today (11th February 2021) that it has signed a £250m mortgage forward flow agreement with J.P. Morgan. The transaction involves the sale of future buy-to-let mor...

11 February 2021

Broker forum cherryplc.co.uk has launched a dedicated forum where brokers can discuss mental health and ways to improve their well-being during the pandemic. The Mental Health of Mortgage Brokers fo...

10 February 2021

SunLife’s Guaranteed Over 50 Plan paid out a record £88.75m in claims in 2020, the over 50s specialist has revealed. SunLife is the market leader in over 50s plans, selling more of them than every ot...

10 February 2021

January Summary - We can exclusively reveal that Second Charge lending totalled £60.8 million in January 2021, compared to the £104 million lent in January 2020. It's fair to say that is about the onl...

10 February 2021

With the country now in its third and hopefully final lockdown there are many businesses unable to operate from their usual premises under current government guidelines, many employees have reverted t...

10 February 2021

Service has become a bigger consideration for most Buy to Let advisers in the last six months, according to research by Pepper Money. In a recent survey of advisers active in Buy to Let*, Pepper Mon...

10 February 2021

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced the promotion of Rebecca Freeman to Director of Field Operations. Rebecca join...

10 February 2021

Packager First 4 Bridging (F4B) has expanded its intermediary proposition with the launch of the F4B Network. The F4B Network was created on the back of demand from intermediary introducers who have ...

10 February 2021

The latest lender to join MCI Mortgage Club’s panel is Dudley Building Society, which is known for its manual approach to underwriting. Dudley offers a wide range of mortgage products on loans up to ...

09 February 2021

Foundation Home Loans introduces new residential products at 85% LTV and cuts selected 80% LTV rates Foundation Home Loans, the intermediary-only specialist lender, has today (9th February 2021) cut ...

09 February 2021

Leading multi-faceted valuation market specialists, VAS Group* has promoted Daniel Owen-Parr to Managing Director for VAS Audit. Owen-Parr, who will also continue his role as Commercial Director acro...

09 February 2021

SmartSearch, the UK’s leading anti-money laundering (AML) solution provider, has revealed 2020 was the most successful year in the company’s history, with double digit boosts in sales and profits. Th...

09 February 2021

New research from criteria search specialist Knowledge Bank shows 2021 looks set to be another year of change in the mortgage market. Knowledge Bank recorded a record 52,000 criteria changes in 2020, ...

09 February 2021

Second charge lender, Equifinance, has expanded its senior team and appointed William Purdy as IT Director, who will report directly to Managing Director, Tony Marshall. William, who has a 25 year ca...

09 February 2021

Bridging lender, London Credit has relaunched its Auction Finance product that enables property investors to access the booming property auctions market. With London Credit’s Auction Finance product...

08 February 2021

United Trust Bank (UTB) has agreed to refinance a £2.7m high quality apartment scheme by Clearview Developments by providing a £1.8m Sales Period Loan. Martin Cameron in UTB’s Structured Finance team...

08 February 2021

The Moving Hub, the leading conveyancing platform and case management system, has launched biometric facial ID checks alongside its standard anti-money laundering checks. This function is fully white...

08 February 2021

Having grown at a phenomenal pace since it was launched in June 2016, Just Mortgages has ambitions to double in size in the next three to four years. Just Mortgages started with 100 brokers but less ...

08 February 2021

The Conveyancing Association, the leading trade body for the conveyancing industry, has today (5th February 2021) announced GlobalX as the latest organisation to join as Affiliate Members. Establishe...

08 February 2021

- Saffron for Intermediaries is holding its second SFI Live webinar event of 2021, offering brokers guidance on buy-to-let mortgage applications. - Saffron will be taking questions on its new buy-to-l...

08 February 2021

Innovative broker-focused website also launched. Aspen has revamped its 2021 offering with its Stepped Rate cut to 0.44%, its Flat Rate reduced to 0.74%, and the launch of a new Rapid Desktop Valuat...

08 February 2021

The specialist lender has increased the maximum property value in its AVM criteria. Shawbrook has widened the criteria for its digital valuation service, to allow for more automatic property valuati...

08 February 2021

Smart Money, the Cheshire specialist distributor, has returned to the market with a fresh proposition for introducers. Best known for its second charge expertise and assistance for adviser firms in th...

05 February 2021

UK, February 05 2021: With Valentine’s day approaching, mortgage technology expert Mortgage Brain has launched a ‘Lockdown Love’ campaign, to recognise the loyalty of its customers and the dedication ...

04 February 2021

Smartr365 has today announced its integration with Halifax Intermediaries, enabling real-time mortgage Decision-in-Principle (DIP) submissions to this major lender, the first up-and-running partnershi...

04 February 2021

Quickest completion to date of lender’s new offering saves client £400k MT Finance’s newly launched regulated bridging offering has completed its quickest deal so far, a 10 day, £1.659m loan in part...

04 February 2021

Brightstar Financial has joined the Mortgage Market Alliance (MMA). The award-winning specialist distributor, which is celebrating its tenth anniversary this year, has teams of experts to help broke...

04 February 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (4th February 2021) launched a new set of Limited Edition, limited company buy-to-let products with reduced product fees. The...

04 February 2021

With the Stamp Duty holiday still due to end on 31st March, Dudley Building Society has launched a mortgage to help those purchasers who are unlikely to complete before the deadline expires. Offering...

03 February 2021

The flexible office market entered into 2020 off the back of an eventful 2019 that saw demand continue to accelerate and expansion from providers grow across the UK. However, the pandemic dominated ye...

03 February 2021

United Trust Bank (UTB) has appointed Oliver Hobday as Underwriter in its Asset Finance Credit team in preparation of further business growth in 2021. Oliver’s appointment supports UTB’s plans to offe...

03 February 2021

Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced initial rates and introduced a 1% product fee option across its entire range. Zephyr’s new rates start at ...

03 February 2021

Roma and Loans Warehouse were up against the clock with a challenging back to back auction purchase which required a strong collaborative approach and a will to overcome challenges to deliver for a cu...

02 February 2021

In the wake of a mortgage maturities spike in December, Dudley Building Society has announced the launch of three new products aimed at the remortgage channel with free standard valuation, free legal ...

02 February 2021

Karen Rodrigues, sales director, eConveyancer, says: “It’s unsurprising that the parliamentary stamp duty debate hasn’t resulted in an extension to the holiday today. Noise from HM Treasury in recent...

02 February 2021

Impact Specialist Finance has announced plans to expand its mortgage brokerage with a self-employed adviser recruitment drive. Impact Specialist Finance was established in 1991 and has since progress...

02 February 2021

Specialist distributor asks finance industry and employees to join mental health initiative. Crystal Specialist Finance (CSF) has announced its support for Time to Talk Day, a nationwide push to get ...

02 February 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart, said, “Despite frequent calls in the parliamentary debate to extend the stamp duty holiday deadline, doing this would be we...

02 February 2021

The Right Mortgage and Protection Network marks its 6th year in business by highlighting its appetite for further growth and its continued dedication to its members. Since the network’s inception in ...

02 February 2021

The specialist lender has announced further enhancements to their bridging proposition Shawbrook has reintroduced their unregulated bridging ‘Lending for Refurbishment Costs’ product, allowing them...

01 February 2021

Source has been busy improving and updating their website, to make it easier to use and more straightforward to find the important information that their new and existing brokers need. Source is very...

01 February 2021

Leek United Building Society has announced its return to Portfolio BTL and Interest Only markets along with several product changes to support its intermediary partners. Following feedback from their...

01 February 2021

Air Group, the collective of companies covering a range of retirement and later life services, has today (1st February 2021) announced the appointment of Jon Tweed as its new Group Distribution Direct...

01 February 2021

Richard Pike, Phoebus Software sales and marketing director, says “When you consider that the housing market was effectively closed for two months in 2020, it is quite amazing to see that we ended the...

01 February 2021

Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “It feels appropriate that on the day Parliament gets to debate the stamp duty holiday, and merits of an extension, it’s reveal...

01 February 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said, “2020 has been a perfect storm for the housing market. Despite economic difficulties, there was an avalanche of buyer...

01 February 2021

Castle Trust Bank has recruited Robert Oliver to become the specialist lender’s new Sales Director. Robert has more than 20 years’ experience in intermediary lending, having previously held roles wit...

01 February 2021

Portfolio management platform, Lendlord, has launched an Open Banking integration that allows landlords to automate their cashflow and bookkeeping. Lendlord has been approved by the FCA to partner w...

01 February 2021

Loans Warehouse has announced a triple appointment to its bridging finance panel as it continues to grow its proposition. Roma Finance joins the specialist brokerages panel along with fellow newcome...

01 February 2021

A ‘lending into retirement’ option is again available for borrowers looking to extend their term beyond their planned retirement age, across the Dudley Building Society range. The Society, which star...

01 February 2021

Since the appointment of their brand new Supervision and Development Manager, Michael Harrison, The Right Mortgage and Protection Network have been experiencing a tremendous amount of positive feedbac...

01 February 2021

Amanda Parsons (AAP Financial Solutions) was presented with the Best Individual Adviser Award at the prestigious Equity Release Awards on 28th January 2021 for her outstanding work in the equity relea...