Press releases for February 2025
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
13 February 2025
The share of properties held by landlords within limited companies has more than doubled over the course of the last five years, with new purchases by landlords now almost exclusively bought within su...
13 February 2025
Hampshire Trust Bank (HTB) has structured a £25m multi-site revolving facility to fuel the expansion of Homes by Honey, a fast-growing housebuilder led by the team behind Avant Homes. This strategic ...
13 February 2025
Further discount also offered for industrial units which meet specified criteria. YBS Commercial Mortgages has made some positive changes this week across its commercial real estate products – effect...
13 February 2025
Movera has joined the Open Property Data Association (OPDA) to support the transformation of the homebuying process through the sharing of digital property information across the mortgage and property...
13 February 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (13th February 2025) announced the addition of a new Mortgage test module to its CPD Academy’s Test Zone. The ...
13 February 2025
Pepper Money has reduced the price of every mortgage product in its range by 20 basis points (bps). In direct response to the continued gradual reduction in SWAP rates and reduction in funding costs...
13 February 2025
Pivot Finance has successfully provided a £3m land bridge facility to support the acquisition of a prime city-centre site in Southampton, set to be transformed into 257 purpose-built student accommoda...
12 February 2025
Buy-to-let lender Landbay has announced the launch of a brand-new product transfer offering, bringing new efficiencies and greater options to brokers and their landlord clients. The new service enabl...
12 February 2025
We wanted to let you know that we’re making the following rate reductions on Thursday 13 February. Purchase 90% & 95% LTV Fix and Switch rates will be reduced by up to 0.07%, starting from 5.32%. ...
12 February 2025
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12 February 2025
Accord Mortgages is cutting rates on both its residential and buy-to-let mortgage product range after making reductions just a week ago. The intermediary-only lender is reducing rates on its reside...
12 February 2025
Bluestone Mortgages today announces increases to its Loan-to-Value (LTV) bandings, now offering mortgages up to 90% LTV to provide more opportunities for customers with complex credit histories to acc...
12 February 2025
Leading specialist mortgage and savings bank, OSB Group has joined the Financial Services Skills Commission (FSSC) as part of their continued investment journey which is focused on delivering scalable...
12 February 2025
The Brightstar Group is delighted to announce that it has achieved a 100% pass rate for team members undertaking the Certified Practitioner in Specialist Property Finance (CPSP) qualification, reinfor...
12 February 2025
We’re reducing rates across our residential Purchase and Remortgage range, and introducing a new product. With these changes, we will now offer products with rates below 4%. All changes are effec...
12 February 2025
Phoebus Software Ltd, the market’s leading mortgages and savings account servicing technology provider, now has clients servicing more than £120bn of varying types of loan and savings assets on its pl...
11 February 2025
Santander UK has announced it will become the first high-street mortgage lender to offer a sub-4% mortgage in 2025. From Thursday 13 February, eligible customers will be able to apply for one of four ...
11 February 2025
Buy-to-let lender Landbay has announced rate reductions across its product range, with rates cut by as much as 0.30%. The biggest reductions can be found in Landbay’s popular small HMO/MUFB range, wh...
11 February 2025
- Leading UK mortgage lender Santander has reported a 130% increase in mortgage applications between Q4 2023 and Q4 2024 as buyers rush to capitalise on stamp duty savings - In the South East, where...
11 February 2025
Foundation Home Loans, the intermediary-only specialist lender, has today (Tuesday 11th February) announced the launch of its Property Plus and HMO Plus range. This expansion further strengthens Foun...
11 February 2025
Vida Bank has announced the appointment of Stuart Sinclair as its new Chair, subject to regulatory approval. Stuart will succeed Steve Haggerty, who has served as Chair for nine years. Steve will rema...
11 February 2025
The Annual Conference of the Conveyancing Association, the leading representative body for the conveyancing industry, pointed to a more successful future for conveyancing firms if they could embrace t...
11 February 2025
Fleet Mortgages, the buy-to-let specialist lender, has today (11th February 2025) reduced rates by up to 25 basis points (bps) on all five-year HMO and multi-unit freehold block (MUFB) fixed rates and...
11 February 2025
Seven in ten (73%) of landlords are open to tenants personalising their living space One in two (48%) ask tenants to cover decoration costs An equal proportion (48%) ask tenants to cover the cost ...
11 February 2025
Pepper Money has completed a second charge mortgage with The Loan Partnership for a customer looking to finance a buy to let investment and home renovations. The customer approached The Loan Partner...
11 February 2025
LHV Bank has announced the successful completion of a £14 million specialist Buy-to-Let (BTL) funding package for a private family office with a proven track record in property investment and develo...
11 February 2025
Loans Warehouse is making a bold move to solidify its position as a leader in the comparison marketplace with the appointment of Jim Robinson as Head of Comparison. For years, comparison sites have b...
10 February 2025
Not only have we a Keynote from the Bank of England at this year's Manchester event, we already have these speakers so far: General Market Overview with HSBC's Paul Northgate, FIBA's Chair & CEO o...
10 February 2025
Nick Hale, CEO of Movera, said: "The government’s commitment to modernising the home buying and selling process is a hugely positive step for the industry. Embracing greater digitisation and data-sha...
10 February 2025
Maria Harris, chair of OPDA said: “This is a significant step forward in the modernisation of the home buying and selling process. The government's commitment to streamlining transactions through dig...
10 February 2025
Spring Finance has today announced that its chief executive and owner, Andrew Bloom, has completed his acquisition of Masthaven Finance and from today, the combined entity will trade as Masthaven Fina...
10 February 2025
Specialist commercial lender InterBay, part of OSB Group, has successfully completed a £15m case to refinance 65 studio flats split across two student accommodation blocks. The blocks are located on t...
10 February 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (10th February 2025) announced the addition of specialist lending packager and distributor, Positive Lending, t...
10 February 2025
Beth Rudolf, Director of Delivery for The Conveyancing Association, said: “Clearly, this announcement has the potential to be incredibly positive for those going through the home buying and selling p...
10 February 2025
Buckinghamshire Building Society has strengthened its intermediary team with the appointment of Georgia Smith as a Telephone Business Development Manager (TBDM). Georgia brings a wealth of intermedia...
10 February 2025
Access Financial Services, a leading mortgage and protection brokerage, has joined the Equity Release Council (the Council). Access FS’ mortgage advisers provide advice on a broad range of mainstream...
07 February 2025
The Right Mortgage & Protection Network has today (7th February 2025) celebrated its ‘best year ever’ in announcing business growth and activity for 2024. The network saw business up across all key p...
07 February 2025
Belleveue Mortlakes Chartered Surveyors has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member. Belleveue Mortlakes provides a wide r...
07 February 2025
Housing market kicks off 2025 with price rise to hit new record high House prices increased by +0.7% in January following dip of -0.2% in December Average property price of £299,138 is a new reco...
06 February 2025
Following today's decision by the Monetary Policy Committee to reduce the Bank of England Base Rate from 4.75%, to 4.50%, we’re making some changes. Virgin Money and Clydesdale Bank Variable Rates O...
06 February 2025
Santander UK has today announced changes to its mortgage and base rate linked savings products following the Monetary Policy Committee’s decision to decrease the Bank of England base rate by 0.25 perc...
06 February 2025
The Halifax House Price Index for January 2025 will be issued via press release at 0700 hrs on Friday 7th February 2025
06 February 2025
Nick Hale, CEO of Movera, commented: "The Bank of England’s decision to lower the base rate marks a positive step for the mortgage and property markets, offering much-needed relief to borrowers after...
06 February 2025
Following today's announcement by the Bank of England that it is dropping the base rate by 0.25% to 4.5%, Gary Wilkinson, CEO of Redwood Bank, a specialist business bank, said: “The decision to drop ...
06 February 2025
Andrew Gething, managing director of MorganAsh, said: “The consensus for a cut to start 2025 was already high, but last month’s surprise news on inflation only increased those chances. Even so, this ...
06 February 2025
Richard Pike, chief of sales and marketing at Phoebus Software, says: “The Bank of England is likely to be aiming for a normalised interest rate of around 3.5% moving forward to appease both borrower...
06 February 2025
Frances Haque, Chief Economist at Santander UK, comments: “The cut to the Bank of England base rate will come as some light relief to those homeowners with fixed rate mortgages maturing this year, an...
06 February 2025
Martyn Smith, Managing Director at Black & White Bridging, commented: "The Bank of England’s decision to lower the base rate is a welcome step towards improving borrowing conditions across the market...
06 February 2025
Ben Allkins, head of mortgages and protection at Just Mortgages, said: “Given the recent positive news on inflation, this had to be the logical next step for the central bank. While a persistent thre...
06 February 2025
Following today's Base Rate announcement by the Bank of England, Alan Davison, Chief Commercial Officer of Afin Bank, commented: “Today’s 25bps cut to the Base Rate is no surprise, as lenders had alr...
06 February 2025
The Monetary Policy Committee's move today signals it felt the need to intervene to boost the economy. With business confidence wavering, growth stalling, and a potential US trade war looming, the de...
06 February 2025
Mark Hollands, Head of Sales & Distribution, Bluestone Mortgages, comments on today’s Bank of England interest rate decision: “Today’s decision to cut interest rates will provide a much needed morale...
06 February 2025
- Confidence in mortgage market outlook falters after October Budget - Brokers more optimistic about the future of the intermediary sector than wider industry - Strongest confidence expressed in br...
06 February 2025
David Miller, divisional director at Spicerhaart Corporate Sales, said: “We can be really encouraged by the fact that the number of arrears cases is decreasing, both on a quarterly and annual basis. ...
06 February 2025
United Trust Bank Mortgages has announced that it has increased the maximum LTV across its residential mortgage product range to 95%. The move is the latest in a series of product and criteria enhanc...
06 February 2025
Santander for Intermediaries has today unveiled three new broker pledges for 2025, as it aims to address some of the most common challenges experienced by intermediaries in the market. The pledges ar...
06 February 2025
Richard Pike, chief of sales and marketing at Phoebus Software, says: "The latest figures from UK Finance show a decline in mortgage arrears in Q4 2024 across both homeowner and buy-to-let mortgages,...
06 February 2025
Together, we have a duty to identify and support vulnerable customers. We want to ensure it's easy for your clients to get the support they need to access our products and services. So, to help you,...
06 February 2025
Thursday 6th February, 2025: Mortgage Brain, the leading technology provider for the mortgage industry, has unveiled Mortgage Brain Hub, a brand new ‘all-in-one’ integrated mortgage technology platfor...
06 February 2025
The Financial Intermediary & Broker Association (FIBA) has announced that Saffron for Intermediaries is the first addition of 2025 to its lender panel. FIBA’s members will have access to Saffron’s ra...
06 February 2025
Countrywide Surveying Services (CSS), a leading provider of property risk management, valuations, and customer surveys in the UK, has successfully hosted its inaugural Future Insight Forum, bringing t...
06 February 2025
Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has announced a new partnership with specialist lender Market Financial Solutions. As a result of the par...
06 February 2025
StreamBank will mark its second year of operation, today, Thursday 6th February, with a reception for brokers, solicitors, and other stakeholders at its new premises on the 23rd floor of Capital Tower...
06 February 2025
Mortgage and protection brokerage Access Financial Services (Access FS) has been awarded exclusive distribution rights for a new lender to bring a range of zero-deposit mortgages to market. The lende...
06 February 2025
• 85% of mortgage brokers see demand for homes in ‘new towns’ across the UK, with over four fifths believing it will transform the homeownership market • Medical facilities, schools, and transport top...
06 February 2025
Hinckley & Rugby Building Society has simplified its mortgage offering by merging its Joint Borrower Sole Proprietor (JBSP) and Standard product ranges into a single new core range. This strategic mo...
06 February 2025
Aspen Bridging has completed a complex £2,815,000 Residential purchase loan for a foreign applicant who put forward four security properties to rapidly secure funds to buy a five-bedroom detached hous...
05 February 2025
Accord’s groundbreaking £5k Deposit Mortgage will be available to those purchasing a flat from today. Accord, the intermediary-only arm of Yorkshire Building Society, is enhancing the eligibility cri...
05 February 2025
Specialist debt and equity advisory Arc & Co. has closed a £25.67m bridging loan on a Knightsbridge property. Secured against a vacant nine-unit residential block, the facility will refinance the exi...
05 February 2025
Black & White Bridging has made four key appointments to its relationship team, marking a significant expansion that enhances the company's commitment to providing exceptional service to intermediarie...
05 February 2025
VAS is proud to announce a series of exciting appointments, reflecting our incredible growth over the last few months. Expanding the team is part of our ongoing efforts to ensure that we continue to p...
05 February 2025
[5 February 2025, London] Twenty7tec, the leading adviser tech provider, has announced mortgage market statistics for January 2025 as follows: In January 2025, compared to December 2024: Purchase ...
05 February 2025
United Trust Bank (UTB) Structured Property Finance have completed a £4million commercial bridge on a multi-let industrial unit in Brentford, West London, for successful property development and inves...
05 February 2025
Vida Homeloans, the specialist lender, has made reductions across both their Residential and Buy to let ranges including their Product Transfer range (retention). The latest reductions include select...
04 February 2025
Movera, the leading home moving group has appointed Matt Darwell to the newly established role of Talent Attraction Partner. This strategic role was created to underscore Movera’s commitment to attrac...
04 February 2025
KSEYE, the bridging lender established in 2012, has appointed two new experienced Business Development Managers – Bethan Jones as BDM for South East England and Samantha Graydon as BDM for South Engla...
04 February 2025
Changes to our product range On Wednesday 5 February we are making the following changes to our product range; Remortgage products Rate increases on 1.5 year fixed rate products of up to 0.07% R...
04 February 2025
With effect from Thursday 6th February, 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 o...
04 February 2025
We wanted to let you know that we’re making some changes to the following Clydesdale Bank products on Wednesday 5 February. Core Product Range Selected 2 and 5 year Large Loan and Interest Only re...
04 February 2025
Go Commercial Finance, a leading innovator in financial solutions, is thrilled to announce the launch of its latest technological advancement, the "Go-Bot." This cutting-edge quoting system is designe...
04 February 2025
We wanted to share that we are reducing rates across our residential Purchase and Remortgage range, and introducing some new products. All changes are effective from today, Tuesday 4th February. Plea...
04 February 2025
Stress rates on background properties also reduced to boost affordability Accord Mortgages is taking the opportunity presented by market fluctuations to make cuts across both its residential and buy...
04 February 2025
Specialist development lender Pivot has agreed a 50% increase in its lending capacity from funds managed by institutional partner Foresight Group. This boost will allow the business to continue to sc...
04 February 2025
One Mortgage System (OMS), the technology-led single input enquiry-to-completion processing platform for intermediaries, has launched a pilot for Second Charges Quick Quote, its newly developed instan...
04 February 2025
Hampshire Trust Bank (HTB) has successfully delivered a £7 million bridging loan to support the acquisition of a substantial property portfolio. Comprising over 90 residential units and one commercia...
03 February 2025
United Trust Bank Bridging has announced significant interest rate reductions across its range of regulated and unregulated first and second charge bridging products. Regulated Bridging from 0.58% pm...
03 February 2025
Castle Trust Bank has expanded its Sales team with the recruitment of Tyrone Alexander as Business Development Manager (BDM) for London. Tyrone brings extensive experience in the bridging finance sec...
03 February 2025
The Right Mortgage & Protection Network has this month launched a new Accreditation Scheme for advisers who offer advice services in the buy-to-let mortgage space. Available to individuals active wit...
03 February 2025
Countrywide Surveying Services (CSS), a leading provider of property risk management, valuations, and customer surveys in the UK, has announced the appointment of Gillian Grace as Managing Surveyor to...
03 February 2025
Leon Diamond, CEO and Founder of LiveMore, the mortgage lender for people aged 50 to 90+: The FCA’s latest letter to mortgage advisers sends a clear signal: Consumer Duty remains a top priority. Over...
03 February 2025
Inspired Lending has become the latest lender to join the Bridging & Development Lenders Association (BDLA). Inspired Lending is a specialist short-term lender that offers the certainty of private f...
