Press releases for April 2023
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28 April 2023
Following this morning’s release of the HMRC monthly Following this morning’s release of the HMRC monthly property transaction figures, I have a comment from Simon Webb from mortgage lender LiveMore, ...
28 April 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “Although we were still feeling the fallout from the mini-budget across the housing market months down the line it appears, from the non-...
28 April 2023
Saffron announces that it will remove proc fee caps from its entire range of award-winning products This announcement will especially benefit brokers arranging larger loan sizes The change comes ...
28 April 2023
Following the announcement from HMRC today that the provisional non-seasonally adjusted estimate of the number of UK residential transactions in March 2023 is 94,870, 14% lower than March 2022 and 26%...
27 April 2023
Precise Mortgages, part of the OSB Group, has launched a new range of residential products combining lower rates with a wider choice to help brokers support clients who have adverse challenges. Some ...
27 April 2023
Saffron Building Society is today announcing a raft of product relaunches and refreshes across its full portfolio, ready for the key spring house market season. FIRST-TIME BUYERS: One of the key high...
27 April 2023
Pepper Money has strengthened its Affordable Home Ownership proposition with the launch of specialist mortgages for customers who are buying a home using the Right to Buy scheme. Pepper Money’s new ...
27 April 2023
Alternative Bridging Corporation has strengthened its Sales team for London & South East, with the recruitment of Michael Halsey as an Internal BDM. Michael has nearly eight years’ experience workin...
26 April 2023
ONP Group has restructured with a new leadership team. The new team will spearhead the company, driving it forwards and taking a new partnership approach with brokers, panel managers and lenders in pa...
26 April 2023
CLSQ is delighted to announce that Spencer Wyer has joined the group as Strategic Development Director. Spencer joins CLSQ to add his expertise and wealth of experience, accelerating the development ...
26 April 2023
94% of brokers say affordability has become even more complex in the last 12 months, according to new research from Mortgage Broker Tools (MBT). This represents a significant increase from the 86% of...
26 April 2023
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (26th April 2023) launched a guidance document for conveyancing firms which addresses The Building ...
25 April 2023
There are more than 2 million potential customers for Right to Buy in England and Wales, according to new research commissioned by Pepper Money. The specialist mortgage lender partnered with YouGov ...
25 April 2023
Regulated firms are risking fines – and wasting time and money – by relying on inadequate compliance reporting and auditing procedures, a leading digital compliance expert has warned. Martin Cheek, m...
25 April 2023
I’m delighted to share the latest Secured Loan Index: https://www.project-insights.co.uk/securedloanindex/march-2023 “Second charge lending has increased to £135M in March 2023, figures report...
24 April 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (24th April 2023) launched its latest video providing further information and guidance for intermediaries on preparing...
24 April 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (24th April 2023) released the latest iteration of its Buy-to-Let Rental Barometer covering Q1 2023 rental yields across England and Wales....
21 April 2023
Pepper Money has enhanced its payment process by replacing the majority of cheque payments on its second charge mortgage lending with electronic payment methods as part of the lender’s commitment to E...
20 April 2023
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 40 basis points (bps) across its tracker mortgage product range. The lender said that it is offering:...
20 April 2023
United Trust Bank (UTB) has provided £10.4m of funding to specialist airspace developers Fruition Properties to complete two new airspace schemes in London. The first is a development of nine new ap...
20 April 2023
Specialist lender OSB Group have promoted Samantha Brain from office based business development manager to customer facing external Business Development Manager (BDM) covering the central region. S...
20 April 2023
The number of brokers who say they now use an affordability system for at least two thirds of their cases has increased to 87%, resulting in more brokers working with a larger number of lenders. This...
19 April 2023
Dudley Building Society have been providing their customers with savings and mortgages since 1858, and they are proud to be a pillar of support for their local community. Earlier in the year they re-...
19 April 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “As ever we waited with baited-breath for the latest inflation figures, any news that may mean the Bank of England takes its foot off the...
19 April 2023
Following the announcement from the Office for National Statistics (ONS) today that the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.9% in the 12 months to March 202...
19 April 2023
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “Inflation has been in double digit figures since last September and it is still stubbornly there but a fall, even ...
19 April 2023
MorganAsh has developed the MorganAsh Resilience System (MARS) to help brokers, advisers and financial services firms better manage and evaluate consumer vulnerability and comply with Consumer Duty. ...
18 April 2023
Aspen Bridging has completed a complex £2.2m Refurbishment loan for a developer using two London apartments as security for the purchase and development of a luxury Cambridge property. The day one gr...
18 April 2023
Foundation Home Loans, the intermediary-only specialist lender, has today announced rate reductions of up to 0.75% on selected Buy to Let specials and 0.60% on owner-occupier specials. The lender has...
18 April 2023
Multi-Unit Freehold Block (MUFB) is for landlords purchasing or remortgaging freehold blocks with up to 6 units. Molo launches Multi-Unit Freehold Block (MUFB) mortgages for landlords One mortgage...
18 April 2023
His Majesty’s Revenue and Customs office has clarified its position on how and when it will be prepared to offer a grant of probate on credit where inheritance tax is due to be paid, and in doing so, ...
18 April 2023
National brokerage Just Mortgages has appointed Andy Cuthbert to the role of sales manager for the Midlands, to support the continued growth of its self-employed division. In his role, Andy will work...
18 April 2023
London, 18th April 2023Central Trust, the first and second charge lender, has added a new one-year residential fixed rate option to its product offering. It is available for first charge mortgages (...
18 April 2023
Tuscan Capital, the short-term property finance specialist, has completed a £3.7 million development exit loan facility for a holiday let scheme in Devon. The client, an experienced developer, had ...
17 April 2023
Ahead of World Earth Day on 22nd April, the Brightstar Group is proud to announce that it has become certified as a Carbon Neutral Business by Carbon Neutral Britain. Last year the Brightstar Group, ...
17 April 2023
SmartSearch has further strengthened the market-leading reliability of its digital anti-money laundering solution by adding global information and insights company, TransUnion, to its identity-check p...
17 April 2023
Clever Lending, the specialist finance packager and master broker, has announced that it has recently secured a £1.1m regulated bridging facility for a broker’s client who wanted to purchase a farmhou...
17 April 2023
Specialist short-term lender, Hope Capital has announced it has rejuvenated its residential refurbishment offering by now providing up to 80% LTV to its brokers and borrowers. This brand-new offer e...
13 April 2023
Following the release of the latest ONS construction output figures, which shows a 2.4 percent increase in output in February, we have a comment from Beard Construction. Mike Hedges, director at Bea...
13 April 2023
Hampshire Trust Bank (HTB) has launched a new Special Edition 5.99% five-year fixed rate product for loans between £100,000 to £1m. The product has a 5% arrangement fee which can be added to the loa...
13 April 2023
Clear and concise criteria are the most important factors for brokers in choosing a mortgage lender, according to new research from Pepper Money. Research conducted on behalf of the specialist lender...
13 April 2023
Hope Capital is proud to announce it has promoted Christy Alokan to Senior Portfolio Case Manager, following her fantastic performance since joining the business. Christy joined the team in April 202...
13 April 2023
The sector must continue to get behind shared ownership and other low deposit schemes to help first-time buyers start their home ownership journeys, national brokerage Just Mortgages has urged followi...
12 April 2023
Pepper Money has relaunched its Pepper 48 range, which includes a new limited edition 3-year fixed rate and low ERC 5-year fixed rate. Pepper 48 is suitable for customers who haven’t had a CCJ or De...
12 April 2023
Specialist buy-to-let lender Landbay has launched a new set of Special Edition five-year fixed rate mortgage products with rates starting at 4.99%. The new range provides price certainty with combine...
12 April 2023
LiveMore has appointed a new director of marketing as the lender looks to expand its reach into the consumer arena. The bulk of LiveMore’s distribution is via the intermediary market but direct to co...
12 April 2023
Knowledge Bank’s monthly criteria index has revealed a complete change of the most common searches performed by brokers in the equity release sector during March. This is the first month that a sector...
06 April 2023
Customers with adverse credit will find it most challenging to access a mortgage in the next 12 months, according to a survey of more than 500 brokers. In March 2023 Pepper Money & Mortgage Business...
05 April 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (5th April 2023) added lifetime mortgage specialist, Pure Retirement, to its lender panel. From today, Paradigm membe...
05 April 2023
The co-founder and Director of one of London’s most successful craft brewing enterprises is looking to expand, launch new craft beers, open new tap rooms, and forge new partnerships thanks to a tailor...
04 April 2023
4th April 2023: The Right Mortgage and Protection Network Launches Regional Sales Roadshows to Provide Mortgage and Protection Advisers with Industry Knowledge and Sales Techniques The Right Mortgage...
04 April 2023
Rapid Remortgage, a new service available for landlords looking to remortgage their buy-to-let within 24 hours1. News Highlights Molo launches Rapid Remortgage, a 24-hour remortgage approval proce...
03 April 2023
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increas...
03 April 2023
MGFO and Aviva Among Key Investors In This Late Seed Round 03 April 2023: Acre, the one-click mortgage intermediaries platform, has announced it has secured £6.5million investment to grow its tech pl...
03 April 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (3rd April 2023) announced its member firms now have access to LendInvest’s new range of residential mortgage products...
03 April 2023
Buy-to-let specialist lender Landbay has brought back its green five-year fixed rate range as well as launching two new mortgages and reducing rates on others. The green range for properties with an ...
