Press releases for April 2020
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 May 2020
Knowledge Bank has responded in under 24 hours to broker demand for an easy way to see lenders’ current SVRs. Knowledge Bank responded instantly, creating a complete point of reference of all resident...
01 May 2020
Mansfield Building Society has posted a record annual pre-tax profit of £1.9m and 4% mortgage asset growth in its 2019 Report and Accounts at its Annual General Meeting (AGM). The strong financial pe...
01 May 2020
Roma Finance, the bridging, buy-to-let and development finance lender, has re-launched back into the market with an exciting AVM product as well as a completely new and innovative desktop valuation pr...
29 April 2020
United Trust Bank has launched another industry first which saves its bridging customers time and inconvenience. Earlier this year, UTB introduced facial recognition ID verification via the UTB Nivo ...
29 April 2020
- Number of mortgage products up 5.9% - Weekly ESIS volumes marginally down 0.5%, but have fallen 46.9% from pre-pandemic levels UK, April 29 2020: Mortgage technology expert Mortgage Brain has see...
29 April 2020
UK tenants paid average monthly rents of £775 during Q1 2020, an increase of just £2 or 0.26% on Q4 2019, according to The Deposit Protection Service (The DPS). According to its most recent Rent Inde...
28 April 2020
We held our 113th Annual General Meeting recently in Chalfont St Giles. Every year our charitable foundation, administered by Heart of Bucks , makes a donation to a Buckinghamshire-based charity chose...
28 April 2020
Hanley Economic Building Society has partnered with DPR to begin an overhaul of its current mortgage and savings platforms, as well as revamping its back-office systems. From a mortgage market perspe...
28 April 2020
Twenty7Tec have chosen the digital business solutions agency, Dock9, as their user experience design partner. Dock9 will support the development of a range of new digital products through user resear...
27 April 2020
Iress today announces that it has integrated its Xplan Mortgage software with criteria search system Knowledge Bank. This integration allows mortgage brokers using Xplan Mortgage to use Knowledge Bank...
27 April 2020
The MCI Mortgage Club has expanded its panel to include the Reliance Bank, increasing the number of ethical options available to its members. The Reliance Bank’s range focuses on those that deliver a ...
27 April 2020
Paradigm Mortgage Services has today (27th April 2020) launched a new offer to directly authorised (DA) firms with up to six months’ free compliance support available for new users. New firms signing...
27 April 2020
Anti-money-laundering pioneers SmartSearch this Sunday achieved 15th position in the Sunday Times Profit Track list. The list recognises the British companies with the fastest-growing profits over the...
24 April 2020
Newcastle Building Society has appointed Chris Keay as Chief Risk Officer, adding to its Executive Team. Chris, who has over 30 years’ experience in financial services, joined Newcastle Building Soci...
23 April 2020
Tenet reports that its members are remaining calm and pragmatic in the face of the pandemic and are focused on supporting their clients, business diversification and planning for what needs to be done...
22 April 2020
In their latest move to support mortgage advisers, Beneficial have launched 5 days of webinars, which is open to all mortgage and protection advisers, not just their own network members, to help and s...
22 April 2020
The Financial Action Task Force (FATF), the multinational body charged with setting the global approach to fighting money laundering and terrorist financing, has backed a call by leading Regtech firm ...
22 April 2020
Hanley Economic Building Society has outlined its commitment to lend where possible after implementing a raft of Covid-19 support measures. Like the vast majority of lenders, the Society is in the pr...
22 April 2020
Air Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today (22nd April 2020) announced it is suspending its monthly membership fees for firms during the ...
21 April 2020
Brilliant Solutions, the mortgage club and specialist mortgage distributor, has recently launched an NHS fund raiser open to anybody connected to the mortgage industry who owns a smart phone. Brillia...
21 April 2020
Answers in Retirement Group (Air Group), the Group of companies covering a range of retirement and later life services, has today (21st April 2020) launched a new version of its Air Sourcing platform ...
21 April 2020
Phoebus Software Limited (PSL), the leading banking and lending software provider, has appointed Mehran Radfar to be its new Chief Operating Officer (COO). His main focus will be to drive change and t...
20 April 2020
In their latest move to support members across the UK during this time, The Right Mortgage and Protection Network, home to over 490 advisers, have created a digital events calendar after having to can...
20 April 2020
Tenet’s group risk and regulatory director, Caroline Bradley, has made the decision to step down from her role this year to follow a plural career. Caroline started her first non-executive directorshi...
20 April 2020
UK, April 20 2020: Mortgage technology expert Mortgage Brain has launched a new single reference point for intermediaries to help them keep up to date with product and policy changes being made by len...
20 April 2020
Residential surveying specialist, SDL Surveying, has today (20th April 2020) revealed a number of new initiatives as part of its technology-focused business continuity plans to deal with the COVID-19 ...
20 April 2020
Newcastle Intermediaries has been added to Dynamo for Intermediaries’ lender panel, giving its 3,500 intermediary members access to the lender’s competitive product range and bespoke underwriting serv...
20 April 2020
- Number of mortgage products stabilises - Weekly ESIS volumes down 6.9%, a drop of 46.6% on pre-pandemic levels UK, April 20 2020: Mortgage technology expert Mortgage Brain has seen product numbe...
17 April 2020
Pension fund owned bridging lender, Fiduciam, is bucking the trend in the bridging market and lent over £9million in Easter week alone. It is also on target to close another £10 million of loans by th...
17 April 2020
Impact Specialist Finance, the specialist mortgage broker and distributor, has introduced a ‘Specialist Lending Covid-19 Update’. This is a single point of reference for all relevant and up-to-date in...
16 April 2020
A comment from Patrick Bamford, Business Development Director at AmTrust Mortgage & Credit, in response to the news today that the Government is discussing a potential extension to the Help to Buy Sch...
16 April 2020
Alfie Swaby, Client Support Executive at The Moving Hub, a leading conveyancing platform and case management system, has just been awarded Young Citizen of the Year at the recent The Rotary awards. A...
16 April 2020
Uinsure, the multi award-winning InsurTech disruptor, continues its commitment to do all they can to support Mortgage Advisers and their Clients during the COVID-19 pandemic. They have today launched ...
16 April 2020
The MCI Mortgage Club has appointed OneFamily to its growing lender panel, extending its range of products to include lifetime mortgages for its members. The partnership comes as a result of the Club’...
16 April 2020
April 16, 2020. Raj Bains has been appointed as Harpenden Building Society’s Director of Customer Operations with responsibility for further developing its proposition and delivering a market-leading ...
16 April 2020
Stonebridge, the mortgage and insurance network, has today (16th April 2020) shared results of the first month of significant changes to its systems and processes which have enabled all departments to...
15 April 2020
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, is now offering a FREE Knowledge Bank licence for every new OMS user to help...
15 April 2020
Newcastle Intermediaries has launched two highly competitive, fee free re-mortgage products, offering homeowners the option, of £750 cash back or free standard legal fees Both products offer a two ye...
15 April 2020
Samantha Ward has been appointed to the Society’s main board as Commercial Director. She will have responsibility for the P&L across the Society as well as product development, marketing and the busin...
14 April 2020
- Number of mortgage products almost halves - Weekly ESIS volumes down 11% and 43% lower than pre-pandemic levels UK, April 14 2020: Mortgage technology expert Mortgage Brain has seen a further su...
14 April 2020
Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services, has today (14th April 2020) launched a series of webinars for member firms covering a ra...
14 April 2020
Tenet’s chief executive, Mark Scanlon, hosted the first in a series of live video conferences with member firms, to help support them through the coronavirus challenges. Mr Scanlon, supported by his ...
14 April 2020
We are delighted to announce the launch of a package of additional support, specifically designed to provide assistance to your business, and enhanced benefits to your clients. The SimplyBiz Group ha...
09 April 2020
Stonebridge, the mortgage and insurance network, has today (9 April 2020) launched a new COVID-19 support hub page for its appointed representative (AR) firms, further enhancing a number of communicat...
09 April 2020
FIBA, as part of the SimplyBiz Group, is pleased to announce that its members can access the package of additional support, designed to help the 3,700+ adviser and broker firms who use SimplyBiz Group...
09 April 2020
The following offer of assistance was sent, by cherry, to the FCA but despite reminders, disappointingly, no response has been received as yet. “Dear Ruth, I refer to my telephone conversation this ...
09 April 2020
AmTrust Mortgage Loan to Value (LTV) Tracker - Significant fall in mortgage product numbers as COVID-19 hits lenders - Number of 75% and 95% LTV products drop by close to two-thirds as lenders respon...
09 April 2020
United Trust Bank has launched a new digital security check process for its first and second charge mortgage customers through the UTB Nivo App. Rather than completing their security checks by teleph...
08 April 2020
Just Mortgages brokers have seen one of their busiest weeks ever, embracing new ways of working to help their clients beat the coronavirus lockdown put in place by the Government. In the last week of...
08 April 2020
BEP Systems, the mortgage and savings origination software house, has developed the functionality of borrower portals for two of its key customers to extend their capability for self-service during th...
08 April 2020
One Mortgage System (OMS), the seamless single-input enquiry to completion processing CRM platform for mortgage intermediaries, has partnered with Iress to provide seamless CRM to online applications ...
07 April 2020
Connect has just successfully run its first academy for new brokers on a virtual basis, paving the way for more to come. Connect has been running monthly Academy training at its offices since the beg...
06 April 2020
- 31% fewer mortgage products - 214 lender product changes last week - Weekly ESIS volumes down 15% and 36% lower than pre pandemic levels UK, April 06 2020: Mortgage technology expert Mortgage Br...
06 April 2020
Lendlord has launched a range of free tools to help landlords manage their buy to let portfolios during the coronavirus pandemic. The free portfolio management platform is being updated every day wit...
06 April 2020
Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services, has today (6th April 2020) launched a new COVID-19 update document with details on how i...
06 April 2020
Following the sustained growth of Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £60 billion. PSL has invested...
03 April 2020
Experts advise businesses to invest in automated AML platforms as workforces and customers move to work from home As the nation adapts to remote working for the foreseeable future, anti-money launde...
03 April 2020
Knowledge Bank has added second charges and bridging to its Covid-19 live feed as an increasing number of lenders change products or pull lending in these sectors. It has also added a raft of new cate...
03 April 2020
Air Group, the collective of companies covering a range of retirement and later life services, has today (3rd April 2020) launched a new Hub for advisers providing Coronavirus updates and business con...
03 April 2020
London Bridging and Jumbo Bridging Finance have today launched a specialist Coronavirus Business Interruption Loan Scheme (CBILS) web site dedicated to providing support to companies who want to acces...
02 April 2020
Specialist distributor First 4 Bridging (F4B) and Grosvenor Funding have combined to secure a four-day completion on a bridging loan facility which allowed a borrower to finalise a first charge buy-to...
02 April 2020
The MCI Club, with funding from the Financial Services Tech Task Force, has extended the free eKeeper Lite CRM to perform Anti-Money Laundering (AML) checks and obtain consumer credit reports, powered...
01 April 2020
Comment from Hans Geberbauer, Chief Executive of Foundation Home Loans: “Foundation Home Loans has taken the decision to temporarily suspend all new applications as from 31 March 2020. This allows us...
01 April 2020
Uinsure, the multi award winning Insurtech firm, has today announced a new exclusive, single-tie partnership with Beneficial mortgage network. The FinTech insurance firm will be the sole provider of G...
