Press releases for May 2022
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
31 May 2022
Richard Pike, sales and marketing director at Phoebus Software, says “Looking at the figures from the Bank of England today it appears that the mortgage market is entering a period of flux. Inflation ...
31 May 2022
Leon Diamond, CEO at LiveMore, said: “Mortgage borrowing fell in April which was expected as the March figure was high, although it has been readjusted from £7bn to £6.4bn, which is quite a big change...
31 May 2022
(May, 2022) A new digital based solution, Early Pay, designed to incentivise larger organisations and local authorities to pay their suppliers before an invoice is due and encourage stronger supply ch...
31 May 2022
Leading national broker firm, Just Mortgages announced at their recent annual conference that £20,000 was raised by staff for their chosen charity, the Magic Moments Children’s Charity. The Magic M...
31 May 2022
Sirius Property Finance has completed a £1.1m bridging loan to finance the purchase of a semi-commercial property at auction. The client approached Sirius with just a week to go before they were con...
30 May 2022
Specialist short-term lender, Hope Capital, has again bolstered its growing team with the appointment of four new hires across various roles in the business. The new hires include three new Underwrit...
30 May 2022
Buckinghamshire Building Society have developed a new, cutting edge and data driven approach, allowing them to fully segment Brokers based on the volume and type of business they bring to the Society....
30 May 2022
Alpha Asset Finance is partnering with fintech innovators Nivo to supercharge their application process and combat rising fraud in the specialist finance sector. Alpha have launched a fully branded m...
30 May 2022
Complex case involving multiple properties with professional buy-to-let and commercial mortgage elements Recognise Bank has announced the agreement of a £4.2 million-plus refinance package for a por...
30 May 2022
Fleet Mortgages, the buy-to-let specialist lender, has today (30th May 2022) announced the appointment of a new Marketing & Events Manager. Sarah Todd joins the lender with immediate effect and will ...
30 May 2022
Hanley Intermediaries has launched a fee-free 3.75% five-year fixed rate shared ownership mortgage up to 95% loan to value (LTV). The product will allow borrowers access to the shared ownership schem...
30 May 2022
The Brightstar Group has completed its largest ever day, securing nearly £75m worth of finance for clients of Brightstar Financial and Sirius Property Finance. The record trading day for the group in...
30 May 2022
Bridging applications and completions in Q1 2022 have fallen back from their record highs in Q4 2021, but remain strong compared to the long-term average, according to the latest data from the Associa...
30 May 2022
Self and custom build finance specialist BuildLoan has created a short-term mortgage for builders who need to fund the construction of their self or custom built home until they move in and sell their...
30 May 2022
Kuflink, the Kent specialist bridging lender, has announced that introducers will now have the facility to instruct valuation on all their cases. From June 1st, brokers introducing cases to Kuflink w...
27 May 2022
Newcastle Intermediaries has expanded its remortgage range with the addition of two new 60% LTV products. In response to consumer demand and feedback from intermediary partners, the lender has introd...
26 May 2022
Spring Finance has relaunched its second charge mortgage offering and introduced a bespoke, interest only, buy-to-let product. In order to service an increasing number of borrowers, Spring has signif...
26 May 2022
Specialist Hub is thrilled to be appointed to the packager panel for Quantum Mortgages. Specialist Hub’s lending portfolio includes commercial and semi-commercial, regulated and unregulated bridging,...
26 May 2022
Limehouse Equity appointed J3 Advisory to place structural warranty insurance on a £17m residential scheme in East London. The structural warranty insurance will provide cover for damage as a result o...
26 May 2022
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reintroduced a seven-year fixed deal into its mortgage product range. The lender said it is offering 3.79% on a se...
26 May 2022
Financial services software provider Phoebus Software Limited (PSL) has created a Menopause Wellness Policy to help colleagues who are affected by the menopause. At PSL 30% of colleagues are female, ...
26 May 2022
Specialist lending brands Central Trust and Mercantile Trust have expanded their internal operation with the appointment of a new Senior Business Development Manager within the mortgage desk. Nicola ...
25 May 2022
Hampshire Trust Bank (HTB) has announced the appointment of a business development director and two business development managers (BDMs) in its Development Finance division. Scott Apps has joined th...
25 May 2022
Pepper Money has strengthened its Sales team with the recruitment of Richard Pugh as Regional Development Manager (RDM) for the North West. Richard has more than 16 years’ experience working in fina...
24 May 2022
A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, found that 5 in 10 (52%) of a wide ranging audience of lenders, b...
24 May 2022
John Phillips, national operations director, Just Mortgages said: “This is the first time in six months that UK (seasonally adjusted) housing transactions have fallen from the month before and the low...
24 May 2022
Following a successful year in 2021, with net mortgage growth of 12% across England and Wales, and an encouraging start to 2022, Buckinghamshire Building Society have today announced an expansion to t...
24 May 2022
Richard Pike, Phoebus Software sales and marketing director, says “The non-seasonally adjusted figures today show that the market is now broadly back in line with the number of transactions pre-pandem...
24 May 2022
Acre, the innovative end-to-end mortgage intermediaries platform, has announced a new partnership with Uinsure to drastically simplify building and contents insurance advice. This exciting move means ...
23 May 2022
Hampshire Trust Bank (HTB) has enhanced its offering for landlords with the introduction a new product for clients looking at improving the Energy Performance Certificate (EPC) rating of their propert...
23 May 2022
The last couple of years have been difficult for everyone and, as we now move forward out of the pandemic, further challenges have emerged for the self-employed who have taken government assistance fo...
23 May 2022
Allica will reach profitability in 2022 and forecasts to complete £3 billion of lending to SMEs in the next 3 years Allica Bank – the fintech challenger bank empowering Britain’s established small a...
23 May 2022
Members of the training academies of Countrywide Surveying Services (CSS), suppliers of valuation panel management services, and SDL Surveying, the national residential surveying and valuations firm, ...
23 May 2022
The Brightstar Group is delighted to launch its 2022 Young Learners Summer Work Placement programme. Building on previous years of success, the Brightstar Group will be hosting a range of students thr...
23 May 2022
Aspen Bridging has pledged to plant a new UK tree for every case completed this year and beyond, which will reduce its overall Scope 1 and 2 emissions to below Net Zero in 2022. The step will result...
23 May 2022
Evolution Money, the second-charge lending specialist, has today (23rd May 2022) announced the appointment of Steve Daly as its new IT Director. In this new role, Steve is responsible for a variety o...
20 May 2022
Leading anti-money laundering (AML) firm SmartSearch has appointed Collette Allen as chief operating officer. Collette’s career at SmartSearch is an inspiring story of success and rapid promotion and...
20 May 2022
Spring Finance has today announced that they have successfully completed their first bridging loan. Following Spring’s recent pilot launch this £650k loan was introduced by BuildLoan. This first char...
20 May 2022
Mansfield Building Society has made positive changes to its buy-to-let and residential criteria including an increase to its maximum buy-to-let loan to value (LTV) from 75% to 80% on selected products...
19 May 2022
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, will this month host a webinar on the topic of limited companies. The event on 24 May is for brokers involved in advis...
18 May 2022
Evolution Money, the second-charge lending specialist, has now launched its new digital journey for customers and adviser introducers, utilising new technology to help cut process and completion times...
18 May 2022
Richard Pike, Phoebus Software sales and marketing director, says “The headline figure from the ONS today is one that is no surprise to anyone. We can all see how much prices are rising, almost at eve...
18 May 2022
Simon Webb, MD of capital markets & finance at LiveMore, the interest only mortgage lender that lends to people aged 50 to 90+: “The latest rise in inflation to 9% will increase the chance of the Ban...
18 May 2022
18th May 2022: General insurance provider, Berkeley Alexander (BA), has announced the launch of a new rebuild cost valuation service to help eradicate the problems of over or underinsurance for Commer...
17 May 2022
(May, 2022) Saltare, the UK’s Early Payment FinTech, has bolstered its commercial team with the appointment of Tracy Grazioli, as Commercial Manager formerly with the Department of International Trade...
17 May 2022
Aspen Bridging has completed a £5.2m Heavy Works Bridge-To-Let at 75%, inclusive of 100% works funding at £2m, for an experienced developer purchasing and converting two Grade I listed properties. T...
17 May 2022
Fresh investment from existing shareholders will support accelerated digital development through the creation of a new innovation team Commercial lender, Recognise Bank, will benefit from £8.7 milli...
16 May 2022
Meigh takes up the national role having previously headed up the North for the SME lender James Meigh has been appointed Director, Business Development, for Recognise Bank. He was previously Regiona...
16 May 2022
Paradigm Mortgage Services, the mortgage services proposition, has today (16th May 2022) announced the appointment of a new Senior Relationship Manager. Sarah Blackwood joins Paradigm with immediate ...
16 May 2022
Evolution Money, the second-charge lending specialist, has today (16th May 2022) announced the appointment of Sue Harrison as its new Head of Environment, Social & Governance (ESG). A former Human Re...
16 May 2022
Selina Finance, a lender that provides a unique range of flexible secured loans in the UK, has revamped its residential range with several criteria enhancements for self-employed, unencumbered propert...
16 May 2022
Mortgage customers over 65 find it significantly harder to get the mortgage they want than younger borrowers, according to the latest Mortgage Broker Tools (MBT) Affordability Index. With the number ...
16 May 2022
Committed to making buy-to-let lending better for brokers, Landbay has launched its most comprehensive and intuitive broker portal - and revealed a bold new brand. The new brand sets Landbay apart fr...
16 May 2022
Kent based national bridging lender, Kuflink, has helped a landlord client to refinance a property from its existing short term lender when his efforts to obtain longer term finance had taken too long...
13 May 2022
Second charge lending totalled £140.4 million in April 2022, figures reported directly to Loans Warehouse from second charge lenders confirm. Second charge lending growth continues to show exciting g...
12 May 2022
The current rising interest rate environment looks set to impact mortgage availability and criteria searching Knowledge Bank’s latest criteria tracker results reveal. The ‘maximum age of the borrower...
12 May 2022
360 Dotnet, the FinTech software supplier that supports over 6,000 mortgage and insurance advisers in growing their business, is pleased to announce a five year contract renewal with New Leaf Distribu...
12 May 2022
Phoebus Software Limited (PSL) has teamed up with Make Good Grow, which is a charity matching service that brings charities and skilled volunteers together. Make Good Grow introduces skilled voluntee...
12 May 2022
Insurance and finance advisory firm, J3 has saved developer Grange Country Homes £15,000 through its expert insurance advice. Grange Country Homes (GCH) instructed J3 Advisory for its building warr...
12 May 2022
Suros Capital again demonstrated how luxury assets played a crucial role when an SME owner was seeking a short term funding injection. Requiring capital for her luxury gift shop chain, the customer h...
11 May 2022
A guide has been launched to help mortgage lenders and brokers put empathy at the heart of customer care and ensure that customers benefit from the power of human connection. Leading outsourced comm...
11 May 2022
Specialist lender, Pepper Money, has cut rates on its Pepper 60 and Pepper 48 mortgages for customers who just miss out on a high street mortgage for a whole variety of reasons including a low credit ...
11 May 2022
Stephen Lawrence has retired as Group National Sales Manager at Norton Home Loans, having worked in Sales positions for more than half a century. Stephen was appointed to his first BDM position in 1...
11 May 2022
Alternative Bridging Corporation has strengthened its marketing team with the appointment of a new Junior Marketing Assistant. Katie John joins the specialist short-term property finance lender from...
11 May 2022
In the wake of the Bank of England’s latest interest hike, TAB has introduced a new type of bridging loan. The Hertfordshire-based bridging lender is introducing the TAB Tracker to sit alongside its t...
11 May 2022
Research by Brightstar Financial and West One has found that 83% of brokers offer bridging finance to their clients, even though only 67% claim to have at least a good knowledge of the sector. The s...
10 May 2022
Paul Fryers, managing director at specialist buy-to-let lender Zephyr Homeloans, says “The Government has proposed that all new lettings on privately-rented homes should meet EPC-C rating by 2025 and ...
10 May 2022
Monument, the challenger bank and specialist buy-to-let lender, has strengthened its Lending team with the recruitment of Craig Middleton. Craig, who joins as a Lending Relationship Manager, brings a...
10 May 2022
Foundation Home Loans, the intermediary-only specialist lender, has today announced the return of Jack Gerasimov as a Regional Account Manager. Jack will cover a range of North and East London postco...
10 May 2022
Medianett Publishing has joined The Mortgage Marketing Forum as a corporate sponsor, with the ability to access the forum’s membership of industry marketers. Medianett Publishing was founded in 2008...
09 May 2022
The Right Mortgage (TRM), one of the UK’s fastest growing financial services networks with over 700 members, have confirmed their 5-year commitment to Mortgage Brain. Meaning members will continue to ...
09 May 2022
Newcastle Intermediaries has removed the minimum income criteria on its Buy to Let (BTL) mortgage products in an effort to broaden its appeal with landlords who have lower or non-traditional incomes. ...
09 May 2022
The Mortgage Industry Mental Health Charter have launched their mental health and wellbeing report to coincide with Mental Health Awareness Week 2022. The report explores individual’s current wellbei...
09 May 2022
Dudley Building Society has launched two new Five Year Fixed rate products, with the purpose of offering applicants the financial security that a longer, fixed term product can provide. Their brand n...
09 May 2022
The Brightstar Group is again marking Mental Health Awareness Week (MHAW), with a programme of events and activities at both its Brightstar and Sirius offices to build awareness and encourage discussi...
09 May 2022
Aspen Bridging has appointed Richard Tweddle and Sinead McMurray as Underwriters through its ever-growing Graduate Recruitment Scheme. The lender, which has 22 members of staff, has seen eight join ...
06 May 2022
- Saffron Building Society scooped the Building Society of the Year award at the Moneyage Mortgage Awards last night. - The accolade comes as the society launches a new initiative to hold themselves ...
06 May 2022
Hampshire Trust Bank (HTB) has made two senior appointments - Head of Intermediary Distribution and Head of New Business. Sally Wright has been promoted to the Head of Intermediary Distribution, whil...
05 May 2022
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has appointed Jayne Coppinger as Associate Director of Corporate Relationships. Jayne joins...
05 May 2022
John Phillips, national operations director at Just Mortgages said: “The increase in the base rate of 0.75% to 1% will not have come as a surprise to anyone as the Chancellor has warned that rates cou...
05 May 2022
Richard Pike, sales director at Phoebus Software, said: “Another base rate rise will mean lenders having to update their systems again and send out letters to borrowers who are on variable rate mortga...
05 May 2022
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “With the steep rise in inflation, we can expect further base rate increases this year so new borrowers and those r...
05 May 2022
United Trust Bank (UTB) Asset Finance and specialist high value car finance broker Lillian Stanley, worked together to create Lillian Stanley’s first ‘Supercar’ meet-up for their customers and contact...
05 May 2022
Commercial Director of Black & White Bridging, Damien Druce, believes that when brokers submit applications they have the right to expect certainty that deals will be honoured after being given a posi...
05 May 2022
Specialist lender, West One Loans is reducing rates on its buy-to-let lifetime tracker product range. The largest reduction is on the Lifetime Tracker Standard W1 product range, which has been reduce...
05 May 2022
Leading national broker firm, Just Mortgages brought in fifty new brokers to its self-employed team in the first three months of 2022. The self-employed division now has 440 brokers which marks an in...
05 May 2022
Central Trust, the first and second charge lender, has today (4th May 2022) made significant changes to its residential and Consumer Buy-to-let (CBTL) mortgage propositions, including increasing LTVs ...
05 May 2022
Luxury asset lender, Suros Capital, has reached agreement to add specialist inheritance tax and probate advisers, Provira, to its introducer panel. Provira provides probate and IHT finance advances t...
05 May 2022
VAS Group has today been rebranded to VAS Valuation Group, and its VAS Audit division has been renamed VAS Assurance, as the business looks to clearly reflect its current core service and offerings. ...
05 May 2022
Buckinghamshire Building Society have launched a new BTL mortgage product particularly aimed at those with non-standard credit*, following an increase in applications from borrowers who have had a lif...
04 May 2022
- Saffron for Intermediaries launches a new initiative for brokers, Intermediar-ease. - The society is committing to consistent improvement of standards and holding itself accountable for the service...
04 May 2022
Spring Finance has today announced that Gavin Diamond will be joining as Chief Executive Officer on 26th July. This high profile addition to the team is a strong statement of intent as Spring looks t...
04 May 2022
John Phillips, national operations director at Just Mortgages said: “Outside of the stamp duty inflated peaks, March saw the highest spike in net lending as continually increasing house prices drove u...
04 May 2022
Mansfield Building Society has relaunched capital raising and debt consolidation remortgages up to 90% LTV in response to a surge in activity as customers seek to beat off interest rate rises. Lendin...
04 May 2022
360 Dotnet, the FinTech software supplier that supports over 6,000 mortgage and insurance advisers in growing their business, is pleased to announce a contract renewal with HLPartnership (HLP), a fast...
04 May 2022
Castle Trust Bank has strengthened its Sales team with the recruitment of Ashley Duhaney as Business Development Manager for London and the South East. Ashley has more than a decade worth of experien...
03 May 2022
Allica Bank strengthens asset finance team in South East and South West as demand soars Allica Bank has appointed two new Business Development Managers, Alex Fowler and Tracy Millsom, to further str...
03 May 2022
Crystal Specialist Finance, the specialist finance distributor, has today launched a range of enhanced features to its CrystalHub Dashboard portal. Crystal uses its own bespoke in-house system - Cry...
03 May 2022
The Buy-to-Let market plays an important role in the housing market in England and Wales, and landlords provide much needed accommodation for over 4 million households. Despite tax changes over the la...
03 May 2022
Impact Specialist Finance, the leading specialist packager and distributor, has partnered with conveyancing portal, Movin Legal, to help its brokers find the right legal partner to help their clients ...
03 May 2022
The Right Mortgage & Protection Network have launched a new strategic partnership with HSBC Life, to strengthen their protection offering for members. The partnership comes as both parties work to su...
03 May 2022
London 3rd May 2022 Tuscan Capital, the short-term property finance specialist, has announced that it has secured new funding for buy-to-let portfolio landlords looking to secure short-term funding. ...
03 May 2022
TAB has announced it completed a record month in April. The Hertfordshire-based bridging lender says it completed eleven loans totalling £23.69 million over the course of the month. Duncan Kreeger, C...
03 May 2022
Aspen has completed a 72% LTV, £1.1m No Valuation bridge for a client who had just two weeks to complete a purchase and save their £150k deposit. The developer required quick funds to acquire a lar...
