Press releases for March 2021
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 April 2021
Dudley Building Society is unveiling a range of CPD accredited self-study learning activities providing detailed information on the expat, self-build, holiday let and self-employed mortgage markets. ...
31 March 2021
Newcastle Intermediaries has joined MCI Club’s growing lender panel offering even more choice to the club’s members. As the intermediary arm of Newcastle Building Society, Newcastle Intermediaries of...
31 March 2021
United Trust Bank (UTB) and PropTech provider Aprao have announced a collaborative relationship to promote the benefits of digital solutions in the development finance sector. As a leading specialist...
31 March 2021
The Right Mortgage and Protection Network has welcomed the latest addition to their growing equity release specialist division. The Later Life Lending Network, the equity release proposition of The R...
31 March 2021
The Brightstar Group has now received more than 2,000 reviews on Trustpilot, across its Brightstar Financial and Sirius Property Finance brands. The 2000th Trustpilot review was left by Richard Turn...
31 March 2021
Society “emerges stronger from unprecedented year” as Total Assets reach record £1.15bn, investment in digital and branches continues and employee satisfaction at all-time high Despite the challenges...
31 March 2021
Hope Capital has announced it is launching its short-term finance proposition in Scotland. The specialist lender has launched a diverse range of products in recent months for property in England and ...
30 March 2021
The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows that bridging lenders are positive about the outlook for their businesses, the bridging market and the long-term out...
30 March 2021
Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced it has acquired the full share capital from its founding directors, Nathan Raffour an...
30 March 2021
Buckinghamshire Building Society has streamlined their Buy to let application process, giving brokers the ability to provide clients with an instant decision on their application, by using an online a...
30 March 2021
Dudley Building Society has launched a new suite of products with lower fixed and discounted rates, increased LTVs and now offers 90% LTV up to £1 million. Eighteen new core residential products are ...
29 March 2021
Source are future proofing their business by creating a strong and ambitious business strategy, with significant internal investment over the next few years. Source’s planned investments in their peop...
29 March 2021
Pitch 4 Finance has announced that the platform will officially launch on Monday 12th April and confirmed that its pre-launch offer will continue until that date. Every new broker who registers thei...
29 March 2021
Commenting on the Bank of England Money and Credit figures for February, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “A year on since the start of the pandemic, it is encou...
29 March 2021
Since the announcement that technology specialist, Mortgage Magic, is supplying specialist distributor Brightstar with the expertise and case management technology platform for its enhanced EasySource...
29 March 2021
Mansfield Building Society has announced a post-tax profit of £1.46million alongside mortgage book growth of 2.9% in its 2020 results – a robust performance for a Society which celebrated its 150th bi...
29 March 2021
John Phillips, national operations director, Just Mortgages and Spicerhaart said: “The housing market is an impressive juggernaut that continues to march forward. While mortgage approvals are down sl...
29 March 2021
Richard Pike, Phoebus Software sales and marketing director, says “The housing market, fuelled by government incentives, continues to move at a pace. With competition from buyers increasing it really ...
26 March 2021
Following the head of the Financial Action Task Force claiming businesses need to change from ticking boxes for compliance’s sake, to risk-based compliance, John Dobson, CEO of SmartSearch said: “The...
26 March 2021
- Saffron for Intermediaries is pleased to announce the appointment of four new team members in the Business Development Team. - The new team members include two internal moves from within Saffron Bui...
26 March 2021
Alternative Bridging Corporation has strengthened its underwriting team with the recruitment of Richard Claypole as its new Head of Underwriting. Richard, who has more than 30 years’ experience in f...
26 March 2021
Mortgage Broker Tools (MBT) has named the top five Buy to Let lenders for affordability based on searches processed through the MBT Affordability platform in the last two months. Overall, the top len...
26 March 2021
London-based full-service law firm, Memery Crystal has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. The law firm has a tra...
26 March 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (26th March 2021) announced a range of price cuts on a selection of two- and five-year fixed-rates and removed all non-pay-rate five-year p...
25 March 2021
- The first specially designed report helping homeowners assess and identify potential improvements to improve energy efficiency - Countrywide Surveying Services has launched EnergyFact, which is the...
25 March 2021
Vernon Building Society is excited to introduce a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage will help first-time buyers with a modest deposit to get...
25 March 2021
Allica Bank has made four appointments to its award-winning Business Relationship Manager team to further strengthen its operational capacity in commercial property finance and asset finance lending. ...
25 March 2021
An Aspen Bridging integrated legal partner, Ola Leslie Solicitors stepped in at the eleventh hour to ensure a client completed their bridge in 10 days to save their £32k deposit. The developer, who ...
25 March 2021
Fluent Money Group, one of the UK’s largest brokerages recently announced their new venture, Fluent Bridging, with the appointment of John Hardman, Managing Director. As a well-respected and highly i...
25 March 2021
UK long-term care specialist, My Care Consultant (MCC) has today published a comprehensive adviser-facing guide entitled ‘Equity Release and the Funding of Care Fees’, which highlights the importance ...
24 March 2021
The Association of Short Term Lenders (ASTL) and the Financial Intermediary & Broker Association (FIBA) are holding a joint virtual event for brokers, lenders, solicitors, valuers and other industry p...
24 March 2021
Specialist lender Landbay has launched a range of buy-to-let products for trading limited companies purchasing or remortgaging standard properties, HMOs and MUFBs. Most BTL limited companies are set ...
24 March 2021
Mortgage Broker Tools (MBT) has named the top five Residential lenders for affordability based on two million searches processed through the MBT Affordability platform in the last two months. Overall...
23 March 2021
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been integrated across its proposition by the F4B Network. The F4B network opted for OM...
23 March 2021
Coreco Partners’ Managing Director, Andrew Montlake talks openly on the mental and emotional challenges faced in his 25 year career in the second Crystal Specialist Finance (CSF) Health and Wellbeing ...
23 March 2021
Foundation Home Loans, the intermediary-only specialist lender, has today (23rd March 2021) launched two new Limited Edition limited company buy-to-let products. The new products are: A 2.99% two-...
23 March 2021
Richard Pike, Phoebus Software sales and marketing director, says “As was expected the figures for February show the push to get transactions over the line before the original SDLT holiday deadline. H...
23 March 2021
Commenting on the HMRC property transaction figures released today, Jonathan Sealey, CEO at specialist lender Hope Capital, said: “On the day that we mark one year since the first lockdown was introdu...
22 March 2021
Data from the latest MBT Affordability Index has found that the number of cases where at least one lender is available to meet the loan requirements of self-employment mortgage applicants has fallen i...
22 March 2021
Smart Money, the Cheshire based specialist packager and distributor, has reported a surge of broker enquiries for clients who want to better manage their family budgets as the financial consequences o...
19 March 2021
Commenting on the news that the Competition and Markets Authority (CMA) has ordered two housebuilders to change their leasehold terms, Jonathan Frankel, litigation partner at Cavendish Legal Group sai...
19 March 2021
Landbay, one of the UK’s leading mortgage lenders, has launched a new five-year funding partnership worth £200m of originations per annum. Landbay, has partnered with Allica Bank to fund its buy-to-l...
19 March 2021
Vernon Building Society has reintroduced top-slicing to its buy-to-let proposition to offer more flexibility to landlords with a personal income. The lender has also increased its maximum LTV on buy-...
19 March 2021
Mortgage packager and distributor, 3mc, will market an exclusive heylo shared ownership product designed in partnership with Dudley Building Society. heylo housing is a registered provider with the H...
18 March 2021
The Brightstar Group is introducing a team of nine fully trained Mental Health First Aiders across its UK offices to support people back to work following the pandemic. As part of its ongoing commit...
17 March 2021
Legal & General has partnered with HLPartnership to simplify access for advisers using the SmartrCriteria and SmartrFit systems. Intermediaries can now utilise a streamlined connection directly betwe...
17 March 2021
Commenting on the news that NatWest faces a criminal case over money laundering, John Dobson, CEO at anti-money laundering experts SmartSearch comments: “What is being alleged is a failing on a massi...
17 March 2021
National broker firm Just Mortgages is conducting virtual training for its self-employed brokers to support them to grow their own businesses. These sessions are the latest investment in developing pe...
17 March 2021
In an internal promotion, James Green has been appointed to the role of Business Development Manager at Dudley Building Society. James, who has been supporting the sales function as Business Developm...
17 March 2021
The spread between the average maximum and minimum loan available to Buy to Let mortgage applicants is more than double the spread in the Residential market. This is according to data from Mortgage ...
16 March 2021
The MCI Club has launched an innovative payment and processing package for all existing and new members of the mortgage club. This package, which will be wrapped up in a single stable monthly fee, is...
16 March 2021
Following the launch of the HM Land Registry Digital ID Standard Martin Cheek, MD of SmartSearch said: “This is a really positive step in terms of the endorsement of electronic verification as the sta...
15 March 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (15th March 2021) added Buckinghamshire Building Society to its lender panel. From today, Paradigm member firms will be able t...
15 March 2021
United Trust Bank (UTB) has announced that long standing executive director and head of the Bank’s Property Development division Noel Meredith is to retire on the 31st March 2021. Adam Bovingdon, curr...
15 March 2021
A webinar poll undertaken by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, highlighted that only 1% of industry professionals have the utmo...
15 March 2021
Landbay, Europe’s fastest-growing buy-to-let lender, today launches the UK’s lowest five-year fixed rate buy-to-let mortgage. The new rate is just 2.99% and it is available up to 50% LTV on standard ...
15 March 2021
Castle Trust Bank has strengthened its Sales team with the appointment of Paula Dowson in the newly created role of Regional Account Manager for the North of England. Paula has more than 20 years’ ex...
12 March 2021
Fraser Johns, finance director at Beard, said: “These latest figures, while positive for the future of the industry, suggest there is still a little nervousness in the market. The construction indust...
12 March 2021
The latest MBT Affordability Index has found that the average maximum loan available to First Time Buyers bounced back in February. The average maximum loan available to First Time Buyers bounced ba...
12 March 2021
...as Santander and Countrywide Surveying Services launch EnergyFact tool for mortgage customers The Green Finance Institute’s Coalition for the Energy Efficiency of Buildings (CEEB) today releases B...
12 March 2021
Would you put your house on it? Three quarters of Brits do not trust online checks when buying a property 60% of people do not trust a mortgage application to be carried out safely and securely onl...
12 March 2021
MCI Mortgage Club can now offer its members a secured loan referral service through a partnership with Fluent Money. This is MCI’s first foray into the second charge market giving its members even mo...
11 March 2021
Paradigm, the mortgage, protection and compliance consultancy proposition, has today (11th March 2021) launched two new Essential Skills Workshops focused on key areas of compliance which advisory fir...
10 March 2021
Innovation is fundamental in the current climate and Roma Finance is delighted to have funded the development of sustainable Passivhaus houses in Scotland. Passivhaus buildings provide a high level o...
10 March 2021
Mansfield Building Society has launched a new 5 year fixed rate holiday let mortgage up to 65% loan to value. The new mortgage is an expansion of the Society’s current holiday let offer, which alread...
10 March 2021
Aspen Bridging’s new Head of Sales, Ian Miler-Hawes has completed his first deal and in the process saved the applicants’ purchase of four apartments. The broker approached Ian stating his clients, ...
10 March 2021
Uinsure have today launched a new tech platform that aims to remove insurance complexity for advisers and their clients. It coincides with the unveiling of a brand refresh for the first time since its...
09 March 2021
- Automatically shares details with broker to begin mortgage journey for instant application progression - Gives borrowers and introducers industry’s only frictionless mobile experience - Simplifies a...
09 March 2021
Following the recent Government’s Roadmap announcement, Mortgage Business Expo (MBE) confirm that it will be open for live events in 2021. The first event will return to the Royal Armouries in Leeds ...
09 March 2021
UK, March 09 2021: Advisers have broken through the £20bn barrier of affordability searches on behalf of their clients using Affordability Hub, the affordability-based sourcing solution from mortgage ...
09 March 2021
New research from criteria search specialist Knowledge Bank shows interest from new investors in the buy-to-let market is growing. The analysis of brokers’ searches in February found intermediaries ar...
09 March 2021
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has partnered with leading mortgage and protection services proposition Paradigm Mortgage Se...
09 March 2021
United Trust Bank (UTB) has reported a 31% increase in new lending to £1.3bn in 2020, helping to drive Operating Profit to £44.1m1, a 35% increase on 2019. The strong results demonstrate UTB’s contin...
09 March 2021
Nicholas Christofi has joined the Executive Board of The Brightstar Financial Group. As a founder and Managing Director of Sirius Property Finance, Nicholas has spearheaded the growth of the special...
08 March 2021
United Trust Bank (UTB) has made five appointments to its Development Finance team in response to increasing demand for property finance from house builders and developers across England and Wales. S...
08 March 2021
Highlights: Operating profit (before impairments) increased to £16.4m, compared to £16.3m in 2019 Due to increased impairments in the year, profit before tax was £2.0m, compared to £14.7m for 2019...
08 March 2021
Hope Capital, with the help of LINK Capital UK, recently delivered the urgent funding needed to complete a challenging auction purchase for a client. With there being a surge in premises being bought...
08 March 2021
A series of major enhancements has been made to West One’s second charge mortgage range including the return of 85% loan-to-value for prime borrowers. Maximum loans sizes have also been increased acr...
08 March 2021
Sirius Property Finance has strengthened its hospitality and care home team with the recruitment of Emma Vanson as a Senior Associate. Emma, who has three years’ experience arranging finance for tra...
08 March 2021
Acre Lane Capital has become the latest lender to join the Association of Short Term Lenders (ASTL). Acre Lane Capital offers development finance and bridging finance for a range of purposes, includ...
05 March 2021
Landbay, one of the UK’s leading buy-to-let lenders, has been classified as one of the fastest growing companies in Europe. It reached an astounding number 12 in the latest Financial Times’ annual lis...
05 March 2021
Pitch 4 Finance has launched a limited period offer for new brokers who register to use the platform ahead of its official launch next month. Every new broker who registers their details at pitch4fi...
05 March 2021
The Crystal Ball 2021, Crystal Specialist Finance’s (CSF) annual gala celebration for its staff and finance partners, has raised £7k for mental health charity Mind. Held online this year to adhere t...
05 March 2021
United Trust Bank (UTB) has launched its new broker ‘Zoom Room’; A virtual meeting place for mortgage and property finance brokers to stay connected with UTB BDMs and underwriters. The UTB Zoom Room ...
04 March 2021
Commenting on the announcement in the Budget by the Chancellor that the stamp duty holiday is set to be extended, Gary Bailey, managing director at specialist lender Hope Capital, said: “This is reall...
04 March 2021
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates on its five-year, fixed-rate, standard buy-to-let loans for a limited time. Zephyr’s new rates start...
04 March 2021
Karen Rodrigues, Director of Sales at eConveyancer, said: “This Budget announcement demonstrates what an important role home ownership has in the aspirations and prosperity of individuals and of the ...
04 March 2021
Luxury asset backed lender, Suros Capital, has announced that it has reached its first goal of signing up 1000 adviser partners to its short-term lending proposition. Suros, whose loans are secured a...
04 March 2021
BEP Systems, the mortgage origination software house, has achieved both the ISO 9001 and 27001 accreditations from the International Organization for Standardization (ISO). These certifications put B...
04 March 2021
Castle Trust Bank has partnered with Legal & General Mortgage Club to enable more brokers to access its range of specialist Buy to Let products. Legal & General Mortgage Club members now have full ac...
04 March 2021
Richard Pike, Phoebus Software sales and marketing director, says “The housing market, like many things, is more than the sum of its parts and, with the overall picture painted by these figures from U...
04 March 2021
The Conveyancing Association, the leading trade body for the conveyancing industry, has today (5th February 2021) announced Lawyer Checker, the provider of fraud protection products to conveyancers an...
04 March 2021
Roma Finance, the lender less ordinary, has partnered with mortgage platform provider Twenty7Tec to offer its bridging products to more intermediaries. Using CloudTwenty7’s SOURCE module, Twenty7Tec ...
03 March 2021
Jeremy Wood, Chief Executive – Dudley Building Society Responding to the budget announcements affecting the property market, Jeremy said, “There will be relief among buyers and throughout the indust...
03 March 2021
Simon Jackson, Chief Executive Officer of SDL Surveying, said: “Both the Stamp duty extension and the mortgage guarantee scheme seem very positive for the market. The re-introduction of 95% LTV produ...
03 March 2021
Mark Snape, Chief Executive Officer of Broker Conveyancing, said: “In terms of the stamp duty extension, my preference would have been for the March deadline to stay in place but with a taper in plac...
03 March 2021
Commenting on the £100m investment in the HMRC taskforce announced by the Chancellor in today’s Budget, John Dobson, CEO at AML specialists SmartSearch, said: “This is a positive announcement by the C...
03 March 2021
A recent study by Haysto1 found that 22% of the 2,012 people they surveyed blame bad credit history as the main reason why they are unable to get a mortgage. Furthermore, 70% of the sample are unwilli...
03 March 2021
Mansfield Building Society has appointed Andy Alvarez as Head of Mortgage Sales to lead the mutual’s intermediary sales team. As well as building on existing ties with leading brokers, clubs and mort...
03 March 2021
Paul Smee, Non-Executive Chair of the Conveyancing Association, said: “The Chancellor has recognised the economic boost which an active housing market gives to the wider economy and we are pleased he...
03 March 2021
Patrick Bamford, Business Development Director at AmTrust Mortgage & Credit – providers of private mortgage insurance: “We welcome the introduction of the Government’s guarantee which we hope will br...
03 March 2021
Comments on the Budget from Rob Clifford, CEO of Stonebridge Group: “The news about the stamp duty extension was widely trailed in the media last week, and therefore this three-month extension is not...
03 March 2021
John Phillips, national operations director, Just Mortgages and Spicerhaart said: “The extension to the furlough scheme is arguably the most important announcement for the housing market. This additi...
03 March 2021
Tony Hall, Interim Head of Mortgage Sales at Saffron Building Society responds: “Furlough has been a lifeline for businesses and has ensured many jobs and businesses have been saved from collapse. Ho...
03 March 2021
Tony Hall, Interim Head of Mortgage Sales at Saffron Building Society: “First time buyers historically have been a large part of the mortgage market with up to 350,000 purchases every year. However, ...
03 March 2021
Tony Hall, Interim Head of Mortgage Sales at Saffron Building Society responds: "It's hard to know whether the SDLT holiday has been successful at this stage, but it has allowed intermediaries the op...
03 March 2021
Landbay, one of the UK’s leading buy-to-let lenders, has today launched a new range of products dedicated to non-portfolio landlords looking to invest in buy-to-let properties. The new range is exclus...
03 March 2021
West One Loans’ buy-to-let division has announced important price changes for two of its products which were re-introduced to the range earlier this year. With effect from Wednesday [March 3] price r...
02 March 2021
Paradigm, the mortgage and protection services proposition, has today (2nd March 2021) added a number of new test modules to its CPD Academy Test Zone. Launched last year, the Test Zone is designed t...
02 March 2021
‘A Conversation with Shawbrook’ provides a platform for the broker community to share their voice and their experiences of doing business in the current climate The fourth episode of ‘A Conversation ...
02 March 2021
In what will be a welcome return to physical events for many in the advice community, Financial Adviser Event has announced a double bill of events in London and Manchester, taking place in September ...
02 March 2021
Leading anti-money-laundering (AML) firm SmartSearch has made the latest Financial Times’ annual list of the fastest-growing European companies for the third year running. The FT 1000 lists the Europ...
02 March 2021
Mortgage technology expert Mortgage Brain and Harpenden Building Society have collaborated on the development of a comprehensive new affordability calculator which will now be available on the mutual’...
02 March 2021
Brightstar Financial has agreed an exclusive partnership with Mortgage Magic to deliver the case management technology for its enhanced EasySource platform. The new system will include improved techno...
02 March 2021
Bridging lender Hope Capital has started the year on a high and set a firm record by growing its loan book by 221% since February 2020, therefore reaching its highest point since the company was estab...
02 March 2021
Knowledge Bank, the UK’s largest mortgage criteria search system, has launched new criteria categories including one to support brokers to find lenders who will lend on properties with cladding. The t...
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...
