Press releases for May 2020
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 June 2020
Newcastle Intermediaries has relaunched its interest only mortgage range with the introduction of new two year fixed rate products. The range now offers a choice of two 75% LTV products on an intere...
01 June 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today issued newly-published sector-specific guidance for conveyancing firms in order to support Government...
01 June 2020
Buckinghamshire Building Society has listened to broker feedback and reduced our minimum loan size from £50,000 to £25,000 on our new range of desktop (AVM) products. Coupled with our manual underwrit...
01 June 2020
Landbay, one of the UK’s leading buy-to-let lenders, today launches a new product range, with loan to values up to 75% LTV. Landbay, which is institutionally funded, has continued to lend on buy-to-le...
01 June 2020
Uinsure, the multi-award-winning Home Insurance provider, has today announced a change to its renewal process. From July, Uinsure will rebroke all renewals by searching and comparing premiums from the...
28 May 2020
Paradigm Mortgage Services and Paradigm Protect, the mortgage services and protection propositions, have today (28th May 2020) announced the winners of its annual Lender and Provider Awards, now in it...
28 May 2020
Hope Capital is set to launch its new Custom Collection range of bridging loans. This collection is a set of six different products, features and options which can all be used by borrowers to create a...
28 May 2020
One Mortgage System (OMS), the seamless single-input enquiry to completion CRM and processing platform for brokers, has initiated a stage one integration with United Trust Bank (UTB) to offer brokers ...
28 May 2020
Fiduciam, the short-term and marketplace lender, has just closed two development loans, with a total value of £2.5million, with one using its ‘Stepping Stone’ scheme. The two loans, with values of £1...
28 May 2020
Bristol, 28 May 2020 – The Deposit Protection Service (The DPS) and safeagent have created a free, online course to enable landlords to start tenancies off on the right footing – just as the Governmen...
27 May 2020
Knowledge Bank has teamed up with specialist lender Hodge, to provide brokers with comprehensive criteria sourcing of its innovative product range of residential, retirement, equity release and buy-to...
27 May 2020
- Weekly ESIS volumes up 9.4%, compared to last week - Increase of 3.0% in mortgage products, now standing at 8,450 UK, May 27 2020: Mortgage technology expert Mortgage Brain has seen both product ...
26 May 2020
Roma Finance, the bridging, buy-to-let and development finance lender, has increased its loan to value to 70% on residential bridging finance and 65% on semi-commercial. This is a 5% increase on previ...
26 May 2020
Newcastle Intermediaries has extended its competitive re-mortgage range with the addition of a new 60% and 80% LTV product. The new two year fixed rate at 1.61% (5.00% APRC) is available at 80% LTV, ...
26 May 2020
Melanie Spencer has been appointed to lead the MCI Mortgage Club through its next stage of growth following Phil Whitehouse’s decision to step down from his position as its head. Phil will stay on in ...
26 May 2020
A wide-ranging group of property interests represented by trade associations, professionals bodies and other parties have sent an Open Letter to the Chancellor calling for greater flexibility in the f...
22 May 2020
Uinsure, the multi award-winning InsurTech disruptor, continues its commitment to supporting Advisers and customers during COVID-19 by announcing today the extension of their C-19 initiative. In Apri...
22 May 2020
It has been reported that up to £1.5bn may have been lost to fraudulent benefit claims in recent weeks, due to processes being relaxed to deal with the volume of new applicants. This includes failing ...
22 May 2020
Newcastle Intermediaries has resumed physical property valuations in England, following the lifting of some lockdown restrictions. The lender’s property risk partner and main valuation panel manager...
22 May 2020
Zephyr Homeloans has resumed physical valuations following the removal of government restrictions on inspections. The specialist buy-to-let lender says that it will be following all relevant public h...
22 May 2020
The Right Mortgage & Protection Network has added Roma Finance, the specialist bridging, development and buy-to-let lender to its network panel. Roma Finance has a mission to help customers create we...
21 May 2020
With the rapid advancements in mobile technology and internet accessibility, people can engage with financial institutions 24/7. In fact, 64% of Brits¹ use their smartphone for online banking. This is...
21 May 2020
Air Group, the collective of companies covering a range of retirement and later life services, has today (21st May 2020) announced its support for a new guide for advisers and their clients on the var...
21 May 2020
Shaun Church, Director at mortgage broker Private Finance said: “These latest figures expose the true impact the lockdown has had on the UK’s property market, with the government’s decision to freeze ...
21 May 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (21st May 2020) announced the addition of buy-to-let and specialist lender, Paragon Bank, to its lender panel. From today, Par...
20 May 2020
- Weekly ESIS volumes up for three consecutive weeks - Product numbers at their highest since their low point five weeks ago UK, May 20 2020: Mortgage technology expert Mortgage Brain has seen both...
19 May 2020
According to Dock9, the digital business solutions agency, over 69% of financial services businesses are considering automated chatbots to enhance their customer service propositions. During this pan...
19 May 2020
Paradigm Consulting, the financial support consultancy, has today (18th May 2020) announced a new strategic partnership with Mitigo Cybersecurity to provide its member firms with a trusted cybersecuri...
19 May 2020
Tenet Group has announced a new partnership with Knowledge Bank to provide both its network members and directly authorised clients with access to Knowledge Bank’s multi-award-winning mortgage criteri...
18 May 2020
More than one in four (26%) business leaders admit they have no knowledge of recent changes to money laundering regulation and what they need to do to remain compliant, according to new research. Th...
18 May 2020
Foundation Home Loans, the intermediary-only specialist lender, has developed an online ‘Broker Hub’ to give advisers additional resource to help them successfully navigate the ever-changing demands o...
18 May 2020
Roma Finance, the bridging, buy-to-let and development finance lender, is continuing to bring back its sales staff from furlough leave following its successful re-launch earlier this month. Roma came ...
18 May 2020
Major Lenders now live with DIPs and full application submission directly to lenders’ back office systems More broker firms seeking access to the pilot UK, May 18 2020: The pilot of Lendex, Mortgage...
14 May 2020
Foundation Home Loans, the intermediary-only specialist lender, has announced that, following the return of its valuation partners to the market, it will return to new lending with the creation and la...
14 May 2020
Fleet Mortgages, the buy-to-let specialist lender, has today (14th May 2020) announced that physical valuations in England have recommenced on its pipeline business, with new applications being proces...
14 May 2020
United Trust Bank responds to the Government relaxing Covid-19 rules surrounding house moves and the news that some surveyors are preparing to recommence in-person valuations and inspections. Noel Me...
14 May 2020
Short-term and marketplace lender, Fiduciam, continues to lend in Spain during the Covid-19 state of emergency with two loans completed this week, totaling €2,445,000. The nature and complexity of th...
14 May 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today announced its support for a cross-industry guide on re-opening the housing market, enabling people to...
14 May 2020
Specialist finance trade body, FIBA, has announced the appointment of short-term bridging lender, Reim Capital, to its lender panel. Reim Capital, launched in 2019 and whose management team boasts ov...
14 May 2020
Specialist anti-money-laundering (AML) firm SmartSearch is continuing its impressive growth, despite the outbreak of Covid-19. It now has more than 4,500 clients across the financial and professional ...
14 May 2020
One Mortgage System (OMS), the seamless single-input enquiry to completion processing CRM platform for mortgage intermediaries, has connected with Uinsure to bolster its general insurance (GI) offerin...
13 May 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Government to extend its furlough scheme past October and consider a range of measures to s...
13 May 2020
- Weekly ESIS volumes up 8.4%, compared to last week - No change in the number of mortgage products UK, May 13 2020: Mortgage technology expert Mortgage Brain has seen the number of ESIS produced f...
13 May 2020
National valuations firm, SDL Surveying, has today (13th May 2020) announced its surveyors will begin physical inspections with immediate effect with new safety procedures in place to protect its surv...
12 May 2020
Complete FS, the specialist packager, has added Roma Finance, the specialist bridging, development and buy-to-let lender to its packager panel. Roma Finance has a mission to help customers create wea...
12 May 2020
12th May 2020: General insurance provider, Berkeley Alexander, has announced the appointment of Shannon Ward as an additional Renewal Retention Adviser and the promotion of Shannon Wait, who will also...
12 May 2020
New figures from Knowledge Bank reveal the extent to which Covid-19 is shaking up the market and dominating brokers’ minds. April’s results from the monthly Knowledge Bank tracker of criteria searches...
12 May 2020
The MCI Mortgage Club has added a general insurance referral option for its members through Safe & Secure. The provider offers an alternative where leads can be transparently referred and executed for...
12 May 2020
- Roll out to commence to Criteria Hub users - Integration with calculators from 27 lenders - Over £500m of loans submitted on the platform Mortgage technology expert Mortgage Brain is rolling out ...
11 May 2020
Tenet has acquired the assets of a further advice firm, which will form part of its established hub in the South East of England. The firm, Chiltern IFS, joins the recent acquisitions of Chartwell Ind...
11 May 2020
Roma Finance, the bridging, buy-to-let and development finance lender, is offering a bridge-to-term product to allow borrowers peace of mind when securing a new investment. Following the announcement...
11 May 2020
As of May 11th2020, Buckinghamshire Building Society is consolidating and simplifying its current mortgage range and launching new products. They will be using AVM’s for remortgages (max 70% LTV) and ...
11 May 2020
Online platform, Lendlord, has partnered with Property Tribes to provide landlords with a comprehensive portfolio management product. Property Tribes, which is one of the largest communities of prope...
06 May 2020
- Weekly ESIS volumes up 3.8%, compared to last week - No change in the number of mortgage products UK, May 06 2020: Mortgage technology expert Mortgage Brain has seen the number of ESIS produced ...
06 May 2020
Kuflink, the Kent based short term lender, has revealed that its P2P platform, which supports its lending to short term borrowers, is continuing to attract inward investment from new and existing sour...
06 May 2020
Answers in Retirement Group (Air Group), the Group of companies covering a range of retirement and later life services, has today (6th May 2020) announced a new partnership with Knowledge Bank creatin...
05 May 2020
Paradigm Mortgage Services has today (5th May 2020) announced a new partnership with MyGabriel Accounting Solution which provides advisory firms with a system that completes all sections required unde...
05 May 2020
United Trust Bank’s Bridging team has completed a bridging loan in six working days, despite the challenges presented by the Covid-19 lockdown. The £150,000 loan, introduced by brokers Alexander Hall...
05 May 2020
Match Me Car Finance launches online loans service for car buyers. Match Me Car Finance has appointed Loans Warehouse to provide an online personal loan comparison platform to their customer searchin...
05 May 2020
SmartSearch has added a new facial recognition feature to its award-winning digital anti-money-laundering (AML) platform, providing additional peace of mind to clients requiring visual confirmation of...
05 May 2020
Mansfield Building Society has agreed to introduce an enhanced Desktop Valuation process to help keep residential and buy to let mortgage applications moving whilst the Government’s lockdown restricti...
05 May 2020
FinTech company, Click2Check, has today (5th May 2020) launched its Credit Assess product – a white-label online solution for mortgage advisers to obtain credit scores, reports and bank statements in ...
04 May 2020
Money laundering is a big issue in the business world and accounts for two to five per cent of global GDP, with nearly £1.6 trillion illegally laundered worldwide last year. As a business owner or le...
04 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...
04 May 2020
Shaun Church, Director at mortgage broker Private Finance, said: “Greater political stability and certainty around Brexit helped to increase lending appetite at the start of the year, prompting buy...
04 May 2020
Uinsure, the multi-award winning General Insurance (GI) provider, has added Zurich to its Household and Buy to Let panels of leading UK insurers, joining a prestigious list including AXA, Ageas, LV=Br...
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...
