Press releases for May 2016
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 June 2016
Fluent Money, the UK’s largest second charge distributor, has announced the appointment of seven new members of staff since the beginning of March. Fluent Money, which announced it had secured signif...
31 May 2016
The Personal Finance Society has launched a revamped annual awards programme, broadened to offer additional recognition to those who have championed the interests of consumers in the personal finance ...
31 May 2016
TFC Homeloans has launched QuickSearch to brokers – its pioneering, fast sourcing tool for specialist lending. Brokers can answer 20 quick questions about their client’s details and needs, before com...
31 May 2016
A survey by Defaqto, an independent financial product information business which helps people make better informed financial decisions, today reveals that advisers value the quality of staff they deal...
31 May 2016
Fleet Mortgages, the buy-to-let and specialist lender, has today (31st May 2016) launched a new Guide to Houses in Multiple Occupation (HMO) for advisers and their clients. The Guide covers off a ran...
31 May 2016
Foundation Home Loans, the BTL lender, has continued to build its Sales team with the appointment of Joela Jenvey as Regional Account Manager for the West and South West. Joela will be responsible fo...
27 May 2016
AIR Sourcing, the new sourcing system for equity release and retirement lending products, has today (27th May 2016) gone live with over 900 advisers pre-registered to use it. The system has been spec...
26 May 2016
Non-investment network, TenetLime, has expanded its whole of market mortgage panel with four new lenders. This includes three building society lenders and a retirement market specialist that is lookin...
26 May 2016
A brand new technology collaboration has led to the launch of the UK’s first fully integrated sourcing system with full back office system and portal functionality. Software developers 360 Dotnet hav...
26 May 2016
The Personal Finance Society has expressed its disappointment over recent comments made by Bank of England chief economist Andy Haldane, and has written to the BoE for an explanation of the timing and...
26 May 2016
New report into the specialist finance market explores the big questions of the day, from lender confidence to legislation Results show a positive six months for the market, but a slowdown in growth i...
26 May 2016
AToM (All Types of Mortgages Ltd) the Specialist Mortgage Packager/Distributor has launched a broker friendly CRM system with built in Specialist Sourcing System. Dale Jannels, Managing Director at ...
26 May 2016
The Mortgage Partnership (TMP) and Dudley Building Society have signed a partnership agreement to give TMP access to the full range of the Society’s products as an introducer of mortgage business. La...
25 May 2016
Completed in just 12 days on Shawbrook Bank’s RI0.1 product for Simple Residential… At 75% LTV and with a gross loan value of £82,500, this case features an existing Shawbrook customer who wished to ...
25 May 2016
SortRefer, the award winning online portal, offering brokers access to conveyancing, survey and accountancy panels, has enhanced its marketing toolkit for intermediaries with a new set of specific poi...
25 May 2016
Our Residential Investment procuration fees are increasing by 0.15% from 0.35% to 0.50% with the same 0.15% increase applying to club / network and packager proc fees. This change will apply for all c...
24 May 2016
Fleet Mortgages, the buy-to-let and specialist lender, has today (24th May 2016) continued its ongoing series of criteria changes with a focus on the transfer of property to limited companies. From t...
24 May 2016
Equifinance, the specialist second charge mortgage lender, has appointed Des Styles as a Business Development Consultant. Based in Manchester, Des will focus on The Midlands, North and North West of E...
23 May 2016
The Society of Mortgage Professionals have confirmed the appointment of Vishal Pandya as their new operations manager. Pandya, who has seven years’ mortgage and protection experience with HSBC and Ll...
23 May 2016
Global Institutional Investment Managers Acquire Minority Stake in Step One Finance Limited. UK specialist lender Step One Finance Limited ("Step One") is pleased to announce that it has successfull...
23 May 2016
23rd May 2016: General insurance provider, Berkeley Alexander, has today announced that specialist managing general agent Modus, has joined its quote and buy Buy to Let panel. Modus was appointed to...
23 May 2016
Paradigm Mortgage Services, the mortgage services proposition, has today (23rd May 2016) added both National Counties and Family Building Societies to its lender panel. From today, Paradigm members w...
23 May 2016
Complete FS, the South Coast based specialist packager, is offering its introducers the opportunity to play football at Premier League Southampton FC’s St. Mary’s stadium, as a Complete FS 11 takes on...
20 May 2016
With effect from Thursday 19 May the changes below have been made to our Residential Investment mortgage product range. Launched for applications submitted directly or via an intermediary: Residenti...
20 May 2016
TFC Homeloans has added Kensington to its panel of lenders, meaning brokers will now be able to access all of the lender’s core range of residential and buy-to-let products. Brokers can also access K...
20 May 2016
E-AIP service for residential investment goes from strength to strength Shawbrook is thrilled to report that, after the launch of its new online application process for residential loans a month ago,...
18 May 2016
The second-charge mortgage market is likely to grow over the next 12-18 months, especially if Bank Base Rate (BBR) is increased during that time. That was the view of a number of panel members discus...
18 May 2016
Former Olympic athlete, Steve Backley OBE, delivered the key-note address at today’s FSE Manchester event and urged all attendees to develop a ‘Growth Mindset’ in order secure success in business. Ba...
18 May 2016
The forthcoming, far-reaching changes and cuts to welfare benefits provide advisers with the perfect opportunity to review client’s protection wants and needs, said Johnny Timpson of Scottish Widows a...
18 May 2016
UK mortgage advisers are missing out on millions of pounds of potential income from General Insurance (GI) sales each year, said Jason Berry of provider, Uinsure, at today’s FSE Manchester. Berry cit...
18 May 2016
Brokers should be able to profit from the ongoing changes to the buy-let-sector, said David Whittaker, Managing Director of Mortgages for Business at today’s Financial Services Expo (FSE) Manchester, ...
18 May 2016
Members of a panel discussing the second-charge mortgage market at today’s Financial Services Expo (FSE) Manchester, the premier exhibition for the financial services industry in the North of England,...
18 May 2016
An audience poll, taken at today’s Financial Services Expo (FSE) Manchester, the premier exhibition for the financial services industry in the North of England, has suggested that a large majority of ...
18 May 2016
Increases in the stress test levels used by buy-to-let mortgage lenders should not be viewed as an ‘Armageddon moment’ for the sector, said David Whittaker, Managing Director of Mortgages for Business...
17 May 2016
SortRefer Group, which includes the award winning online referral portal for mortgage and financial intermediaries, has recruited property market expert, Tim Price, to head up its latest offering, due...
17 May 2016
The new lender appointment launches exclusive Complex Prime mortgage products with 2 year discounted rates, currently starting as low as 3.69% with no early repayment charge overhang. The Mansfield a...
16 May 2016
EZBob Ltd., which trades as business e-lenders Everline and EZBob, today announced that it has secured a three-year £25m debt funding facility from Shawbrook Bank and Honeycomb Investment Trust (Polle...
16 May 2016
Case File: Borrower owned a family-run nursing home worth £1.7m Planned to change business model from residential to domiciliary care, releasing the property for development Already had a positive pre...
16 May 2016
16 May 2016: General insurance provider, Select & Protect, today announces that its parent company Hood Group has appointed Sarah Smith to the newly created role of Head of Residential Property. In t...
16 May 2016
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today announced its opposition to the Government’s proposals to move the Land Registry to the private secto...
16 May 2016
Future BTL sourcing will favour Limited Company BTL, according to Foundation Home Loans, as it signals a change to the basis of its rental calculation for individual applications. As the restrictions...
16 May 2016
Alpha Bridging becomes Kuflink Bridging - Launches new P2P platform Alpha Bridging, the bridging lender, is rebranding as Kuflink Bridging as it launches its new peer to peer (P2P) platform. Kuflink...
16 May 2016
Equifinance, the specialist second charge lender, is expanding its product offering for the Scottish market. As the growth of the seconds market continues apace expansion into Scotland is a logical s...
13 May 2016
Adviser support service, TenetSelect, warns adviser firms not to leave their Professional Indemnity Insurance (PII) preparation until the weeks before their renewal is due and advises there is a lot o...
13 May 2016
Towergate Referral Service specialises in products that are designed for small and medium sized businesses, we can also assist with more complex personal risks (HNW Household & Holiday homes). Join h...
13 May 2016
London Money Loans has confirmed that James Briggs from Precise Mortgages will be the key speaker at their next Second Charge Masterclass. Martin Stewart Director “The second charge industry is quite...
13 May 2016
Specialist network and distributor, Connect for Intermediaries, has become the latest specialist distributor to partner with Kensington. Connect, which offers placement and packaging services for Res...
11 May 2016
Steve Robinson, Head of Lending at Marsden Building Society voices an opinion on a growing audience of Older Borrowers and the need for a ‘transition mortgage’ for some. One key concern among the dem...
11 May 2016
The Magic Moments Charity raised over £71,000 last month as a result of its cycle from Cardiff to Colchester. Over 40 cyclists took part in the three-day event, with 15 brave cyclists undertaking the...
11 May 2016
Paradigm Mortgage Services, the mortgage services proposition, has today (10th May 2016) announced the launch of an adviser factsheet on the recent developments and forthcoming changes to the buy-to-l...
10 May 2016
More than three quarters of financial advisers are interested in taking on an apprentice as part of a new specialist programme being developed by the Personal Finance Society (PFS), a recent survey of...
10 May 2016
Drawdown in retirement has typically benefitted high net worth clients, but now retirees with more modest pension savings are discovering a more flexible retirement: secure inflation-proofed income fo...
10 May 2016
Precise Mortgages, Shawbrook Bank and Together have signed up as the first three lenders to begin to integrate with the ground-breaking mortgage software system, LenderGateway, to enable direct submis...
10 May 2016
The Mortgage Partnership (TMP), the North West based distributor, has added Foundation Home Loans (FHL) to its panel of buy to let lenders. Foundation Home Loans’ range of products including its popu...
09 May 2016
Paradigm Mortgage Services, the mortgage services proposition, has today (9th May 2016) announced that Kent Reliance is the latest lender to join its panel. Specialist intermediary lender Kent Relian...
09 May 2016
The Bank’s “E-AIP” service for residential investment has been well-received Since launching the improved functionality on April 20th, Shawbrook Commercial is pleased to report an encouraging recepti...
09 May 2016
Complete FS, the South Coast based packager, has launched a low cost second charge fee charging structure, which it believes will clear away one of the major barriers to brokers embracing second charg...
09 May 2016
Equifinance, the specialist second charge lender, sees affordability calculations as something which can be of real benefit to specialist lenders when assessing second charge mortgage cases. Since th...
05 May 2016
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (5thMay 2016) launched its Cyberfraud and Fraud Protocol which seeks to provide CA member firms with ...
05 May 2016
Simon Bayley, Commercial Director at Foundation Home Loans, asks whether with some BTL lenders continuing to offer pay rate products on fixed or lifetime trackers, are we potentially creating the next...
05 May 2016
Right Mortgage and Protection Network, based in the Midlands has welcomed Marsden Building Society to their lender panel providing their advisors with access to Marsden’s product range. Right Mortgag...
05 May 2016
Clever Lending, the master broker, is seeing more landlords move away from traditional buy to let property acquisition into property types that have a more favourable tax situation such as retail unit...
04 May 2016
Stonebridge Group, the mortgage and insurance network, has today (4th May 2016) launched a new Homebuyer Report and Building Survey service for its appointed representative (AR) firms. The network ha...
04 May 2016
Completion on the Bank’s STL7 product, at 71.36% LTV for £456,736 on 18 months interest only (9 months retained). Completed via Shawbrook’s Strategic Broker Partner, Bespoke Business Finance, this ca...
04 May 2016
Financial Services Expo (FSE) Manchester, the premier exhibition for the financial services industry in the North of England, has today (4th May 2016) unveiled the seminar programmes for the event. F...
03 May 2016
Mansfield Building Society has launched a new 2 year discounted rate mortgage up to 95% ltv to help first time buyers get on the housing ladder. It also provides access for borrowers with modest equit...
03 May 2016
Vantage Finance has secured inward investment from private equity firm, Chiltern Capital. The investment marks a significant new chapter in Vantage Finance’s story, and will enable the business to con...
03 May 2016
Solent Mortgage Services (SMS), the independent mortgage distributor, has unveiled its new front end online system which it claims will revolutionise the market for research and processing for special...