Press releases for May 2023

01 June 2023

The Loans Engine, a specialist finance broker, is proud to announce that it is now live on Mortgage Brain’s sourcing platform, Sourcing Brain, as a packager This collaboration marks an important mile...

01 June 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “In amongst the news of rising interest rates and high inflation we find an increase in the number of remortgage approvals in April. This...

01 June 2023

Simon Webb, managing director of capital markets and finance at LiveMore, said: “The Bank of England’s money and credit data shows net borrowing of mortgage debt in April at its lowest level in 30 yea...

01 June 2023

31st May 2023: General insurance provider Berkeley Alexander has announced a refresh of its Mid Net Worth (MNW) and High Net Worth (HNW) general insurance panels for intermediaries. Its primary MNW p...

01 June 2023

Mortgage and protection network, HLPartnership, has announced the acquisition of AFP Partnership, a mortgage and protection network based in Maidenhead. According to HLP’s CEO, Chris Tanner, the acqu...

01 June 2023

Tandem has announced a new partnership with Dynamo for Intermediaries, one of the country's foremost mortgage clubs. Members will now be able to access Tandem’s growing portfolio of first charge resid...

01 June 2023

Buckinghamshire Building Society have today launched a new Shared Ownership proposition with rates slashed by 30bps from their previous offering. In addition to the lower rates, the product also attr...

01 June 2023

Specialist lender TAB has become the newest patron of the National Association of Commercial Finance Brokers (NACFB). Established in 1992, the NACFB is a trade body for business finance intermediarie...

31 May 2023

JMT Finance, the privately owned and funded commercial property lender, has extended its lending proposition into the bridging finance sector. The lender has announced the launch of a bridging loan ...

31 May 2023

Following this morning’s release of the HMRC monthly property transaction figures, which have fallen, I have a comment from Simon Webb from mortgage lender LiveMore, which lenders to people aged 50-90...

31 May 2023

Following the announcement from HMRC today that the provisional seasonally adjusted estimate of the number of UK residential transactions in April 2023 is 82,120, 25% lower than April 2022 and 8% lowe...

31 May 2023

Leading national brokerage Just Mortgages has announced that £12,000 was raised by its staff for its chosen charity, the Magic Moments Children’s Charity. Magic Moments was set up in 1998 by Alick an...

31 May 2023

Hanley Economic Building Society has announced the launch of a fee-free two-year fixed rate shared ownership mortgage available up to 95% loan-to-value (LTV) with a headline rate of 5.64%. This produ...

31 May 2023

Foundation Home Loans, the intermediary-only specialist lender, has today refreshed all products within its core buy-to-let and owner-occupied ranges for both purchase and remortgage, and launched a n...

31 May 2023

Aspen Bridging has completed a 73% LTV, £1.1m No Valuation facility in just over two weeks, overcoming complex legal issues and short timeframes across development sites 100 miles apart. The loan wa...

30 May 2023

Surveying companies right across the UK are being urged to join a new charity challenge in aid of Lionheart, the independent charity for RICS professionals. Kicking off from the 1st of June, ‘The Bus...

30 May 2023

Connect for Intermediaries, a leading mortgage and insurance network in the UK, is pleased to announce the appointment of Tom White as its new Relationship Manager. With 8 years of industry experienc...

30 May 2023

Roma Finance, the lender less ordinary, has appointed Claudine Reynolds as business development manager for the North. Claudine, who has a wealth of expertise in the financial services market, has s...

30 May 2023

Tandem, the UK’s specialist lender has announced its move to increase the LTV for self-employed clients from 85% to 90%. Features include:- • 90% LTV including Debt consolidation (max £60,000 unsecu...

30 May 2023

Colenko has become the latest lender member to join the Association of Short-Term Lenders (ASTL). Colenko provides bespoke bridging loans and development finance for property investors and developer...

30 May 2023

CLSQ launches Live EPC, a ground-breaking real-time EPC integration for lenders CLSQ’s latest product launch offers real-time access to EPC data directly from the official register. Unlike existing ...

25 May 2023

The specialist mortgage division at Hampshire Trust Bank (HTB) has completed another large loan as it seeks to support the lending needs of larger and more complex property investors as well as buy-to...

25 May 2023

United Trust Bank (UTB) is providing £15.3m of funding to growing Build to Rent developer Oblix Living to complete their conversion of Saxon House in central Leicester. Founded in 2020 by Rishi Passi...

25 May 2023

Bevan Money, an aspiring bank with a clear social purpose, has submitted its application for a banking licence. The business plans to provide mortgages, fuelled by retail deposits and designed in deta...

25 May 2023

Five self-employed principal brokers have become the latest graduates from the Just Mortgages Business Principals Leadership programme, taking their next steps as multi-broker outfits. The programme ...

25 May 2023

SmartSearch, the leading UK provider of digital compliance solutions, has appointed Ian Wright as its new strategic alliances manager. In his role, Ian will look to expand SmartSearch’s successful pa...

24 May 2023

The Home Buying & Selling Technology Group (HBSG) is pleased to announce the release of v2.0 of the Property Data Trust Framework and updated JSON schema. Launched via its Technology Working Group, th...

24 May 2023

Clever Lending, the specialist finance packager and master broker, has announced that it has recently packaged a £146,900 regulated bridging facility for a broker’s client who wanted to purchase and r...

24 May 2023

Hampshire Trust Bank (HTB) has announced the appointment of Russell Higgins as lending manager within its development finance division. Russell has over 20 years’ experience in finance services, be...

24 May 2023

Adviser forum, cherryplc.co.uk, has confirmed it has now registered more than 100 product and service providers to the new Provider Forum section of the cherry site. The Provider Forum is free for p...

24 May 2023

Aviva, one of the UK’s leading insurers, has appointed Phoebus to service its equity release portfolio, replacing its legacy servicing system. The new long-term contract was signed following a full f...

24 May 2023

dam Oldfield, chief revenue officer at Phoebus Software, says “We’re waking up to good news, at last. Inflation falling into single figures is the news that we’ve all been hoping to hear and perhaps t...

24 May 2023

Aspen Bridging has launched its Summer 2023 Rates & Product Card with rates dropped by 60 bps across the board and 80% LTV reintroduced on its Development Exit & Refurb product. Flat Rates, across a...

24 May 2023

MorganAsh has embedded the Inbest benefits calculator directly within the MorganAsh Resilience System (MARS), to ease and simplify the process of checking whether any benefits are available to a consu...

23 May 2023

Specialist lender Spring Finance has confirmed that Gavin Diamond is to leave the company on 26th May 2023. His responsibilities will be taken over by Andrew Bloom. Gavin Diamond commented: “The pas...

23 May 2023

We’re delighted to provide the latest Secured Loan Index, a monthly infographic brought to you by Secured Loan Broker and Loans Warehouse and takes information from the biggest second charge lenders i...

23 May 2023

United Trust Bank (UTB) has appointed Caroline Mirakian as Sales & Marketing Director of its Mortgage division as it continues to develop its offering and distribution following record growth. Caroli...

23 May 2023

Hampshire Trust Bank (HTB) has announced the appointment of Harry Bhogal as Lending Manager within its development finance division. Harry joined HTB in 2021 as a Relationship Manager. Following th...

23 May 2023

Once a broker has placed the case, Notify can be updated with details of which lender the case is placed with, withdrawing it from view of the other lenders so responses stop, and the unsuccessful len...

22 May 2023

Hampshire Trust Bank (HTB) has announced the appointment of Mike Kilford as sales manager within its middle ticket specialist equipment asset finance division.   Mike has over 25 years’ experience i...

22 May 2023

Property insights providers, CLSQ and D-Risk has been named once again as a climate partner for Shawbrook Bank following the successful provision of climate data and analysis for its lending portfolio...

22 May 2023

Pepper Money has enhanced its mortgage range with the launch of new Limited Edition products. The specialist lender has launched new 65% LTV rates on its popular Pepper 48 and Pepper 48 Light ranges...

18 May 2023

The forthcoming Consumer Duty has received a lot of media coverage. Whilst much of this has been high-level, there is a key area in FG 22/5 that is yet to receive a spotlight in the wider press. Howev...

18 May 2023

Groundsure is entering into a training partnership to deliver certification content with compliance services and risk management provider Legal Eye. Groundsure, an environmental and climate data auth...

18 May 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “Having been in a low interest environment for such a long time the recent increases in interest rates have put many borrowers into a pos...

18 May 2023

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (18 May 2023) announced the date and venue for its next Annual Conference & Charity Dinner. The 20...

18 May 2023

Specialist lender Spring Finance (Spring) has announced enhancements to their application process to reduce the level of paperwork required and simplify requirements. The improvements include the remo...

18 May 2023

The Certified Practitioner in Specialist Property Finance (CPSP) has now launched, following a joint initiative between the Association of Short Term Lenders (ASTL), Financial Intermediary & Broker As...

18 May 2023

Alternative Bridging Corporation has continued to strengthen its Sales team for London & South East, with the recruitment of Amir Khan as a BDM. Amir is an experienced BDM, with a strong track recor...

18 May 2023

Clever Lending, the specialist finance packager and master broker, has announced the appointment of a Commercial and Bridge Specialist and a Case Manager. Nicola Ferguson has been promoted from the ...

17 May 2023

Anti money-laundering (AML) experts are bringing in a new age of digital compliance with their advanced automation and configurability capabilities. Their use of cutting-edge technology streamlines AM...

17 May 2023

Black & White Bridging has appointed David McCarthy to help develop, manage and grow new and existing intermediary relationships for the specialist lender. David has nine years previous experience in...

17 May 2023

As a leading specialist lender in the UK, OSB Group understands the importance of nurturing a diverse, equal and inclusive environment for colleagues, customers and the communities around them. One y...

17 May 2023

The capability of consumers to engage has been identified as the largest area of vulnerability, according to the latest results from the MorganAsh Resilience System (MARS). Engagement capability incl...

16 May 2023

The Envelop Network has announced the addition of Bank of Ireland to its lending panel. This panel addition will provide Envelop Network members with access to Bank of Ireland’s extensive and competi...

16 May 2023

Heather Pollard, Head of Underwriting at Tower Street Finance offers answers to some of the most common questions people have about inheritance tax. More and more people are turning to Google for inf...

16 May 2023

Roma Finance is pleased to announce the development of the mental health first aid team. It is mental health awareness week. A focal point for raising mindfulness of external factors that can impac...

16 May 2023

Provide Finance, the platform to source and secure specialist finance solutions, has seen a 60% uplift in enquiries in Q1 2023 after launching a year ago. The innovative platform has already processe...

16 May 2023

Foundation Home Loans, the intermediary-only specialist lender, has today launched new buy-to-let two-year fixed-rate specials as it also introduces a new rental stress test change for shorter-term pr...

15 May 2023

Liverpool-based bridging lender, Hope Capital are honouring their roots in the local community as they announce sponsorship of local football program, Sefton Schoolgirls. The lender has agreed to spo...

12 May 2023

Suros Capital, the luxury asset lender has been chosen as specialist lending partner to the Aston Martin Owners Club, due to its strong credentials in short term lending to those who own valuable asse...

12 May 2023

Following the release of the latest ONS construction output figures, which shows an 0.2% increase in March and a quarterly increase of 0.7% in Q1 2023, here is a comment from Beard Construction. Fras...

11 May 2023

Simon Webb, managing director of capital markets and finance at LiveMore, said: “The 0.25% increase in the Bank of England base rate to 4.5% was not unexpected and the money markets have priced this i...

11 May 2023

Following the Bank of England’s announcement to raise interest rates from 4.25% to 4.5%, we have a comment from MorganAsh. MorganAsh has developed the MorganAsh Resilience System (MARS) to help broke...

11 May 2023

Following the Bank of England’s decision to raise interest rates from 4.25% to 4.50%, we have a comment from national broker firm Just Mortgages. Just Mortgages is one of the largest mortgage broker...

11 May 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “Although it’s not what anyone wanted to hear, today’s increase in base rate is as predicted. The trouble is that the fight to bring down...

11 May 2023

Below is a comment on today’s decision by the MPC to increase Bank Base Rate from Rob Clifford, Chief Executive of mortgage and protection network, Stonebridge: “As with recent increases to Bank Base...

11 May 2023

United Trust Bank (UTB) and Fluent Bridging have worked together to deliver a £1.6m regulated bridging loan enabling Fluent’s customers to purchase their next home without selling their existing prope...

11 May 2023

Following the announcement today by UK Finance’s Annual Fraud Report 2023, we have a comment from digital compliance expert SmartSearch. UK Finance is the collective voice for the banking and financ...

11 May 2023

Kuflink, the Kent based short term lender and P2P platform has announced that it has achieved B Corp certification. B Corp Certification is a designation that a business is meeting high standards of ...

11 May 2023

80% of landlords have already carried out some remedial works to properties in response to the new energy efficiency requirements, and in anticipation of future Government measures and action in this ...

10 May 2023

Selina Finance has announced the launch of its new referrals service alongside a range of new 'near-miss' referral policy areas for brokers. As part of a package of process improvements, the lender ai...

10 May 2023

Regulated firms need to make the switch to a perpetual Know Your Customer (pKYC) model to stay alive to the rising threat of financial crime, a compliance expert has warned. Zowie Lees-Howell, a data...

10 May 2023

Having successfully recruited Adam Tyler to lead intermediary relationships and distribution, specialist bridging lender Black & White Bridging has appointed Matt Horton to the role of Marketing & Com...

10 May 2023

More than three quarters (76%) of brokers say they work with clients they believe should be able to get a mortgage, but whom they cannot currently place with any lender. This is according to new res...

10 May 2023

Alternative Bridging Corporation has supported the continued growth in its lending with the recruitment of James Ansher as Head of Property. As Head of Property, James will support the business usi...

10 May 2023

Hanley Economic Building Society has introduced a fee-free 95% LTV five-year fixed rate into its residential product range. The fee-free five-year fixed rate product has a headline rate of 4.89% and ...

10 May 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (10th May 2023) announced reduced rates across its two-year fixed-rate products and the launch of a new Green seven-year fix. All two-year...

09 May 2023

An American foreign-national secured their latest high-end London investment property thanks to a £1.75m, No Valuation facility completed in 14-days from start to finish by Aspen Bridging. The clien...

09 May 2023

The firm is expanding its Leeds operation to meet a rising demand for its conveyancing and remortgage services in the Yorkshire area - the expansion could create up to 70 job roles. The Stockport-bas...

09 May 2023

VAS Panel has further strengthened its quality control procedures with the launch of QC+, a free, in-depth additional audit overview of valuations where the value is over £5m. The service, which is ...

09 May 2023

Roma Finance is delighted to announce the creation of the Roma leadership team. Following further business growth and the recent appointment of Michael Allison to Commercial Director, the new team ha...

05 May 2023

Hope Capital has today announced it has cut rates on all deals over £1m, enabling brokers and borrowers to hit the jackpot on their large loans. The specialist short-term lender’s announcement means ...

05 May 2023

Paradigm, the mortgage, protection and compliance services proposition, has today (5th May 2023) launched a new hub to house links to product manufacturers’ fair value assessment documentation. From ...

04 May 2023

Knowledge Bank’s monthly criteria index has revealed a host of changes in broker’s criteria searches as they try to place their clients' cases with lenders. As the UK’s largest database of mortgage le...

04 May 2023

United Trust Bank (UTB) Structured Property Finance has provided a £4.3m net facility to enable the owners of a trading commercial property in South-West London to pursue an ambitious planning applica...

04 May 2023

May 4th, 2023: Premium Credit is pleased to announce that Jennie Hill has been appointed as Chief Commercial Officer, Specialist Lending having covered the role in an interim capacity over the last 5 ...

04 May 2023

Simon Webb, managing director of capital markets and finance at LiveMore, said: “Mortgage lending was flat in March with net borrowing at zero. This is the seventh fall in as many months and the lowes...

04 May 2023

Following the announcement from the Bank of England today that net mortgage approvals rose significantly to 52,000 in March, from 44,100 in February, we have a comment from John Phillips at national b...

04 May 2023

Following the announcement today by Prime Minister Rishi Sunak of the Government’s 76-page Fraud Strategy, we have a comment from digital compliance specialists SmartSearch. SmartSearch’s market-lead...

04 May 2023

Hampshire Trust Bank (HTB) has provided an experienced developer of modern care home and assisted living facilities with a £7.4 million loan for a substantial development in Shipley, North Yorkshire. ...

04 May 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “The increase in approvals for house purchases was substantial and the best sign yet that the housing market has turned a corner. Add to ...

03 May 2023

• Acre continues to innovate its mortgage technology as it unveils its best-in-class sourcing and affordability tools • Brokers will benefit from superior functionalities to help them search for the b...

03 May 2023

Foundation Home Loans, the intermediary-only specialist lender, has today announced rate reductions of up to 0.70% across its core owner-occupied range and up to 0.35% across its core buy-to-let ran...

03 May 2023

Mortgage brokers remain positive about the outlook for their business volumes in the next 12 months, despite the challenging economic environment, according to new research from Pepper Money. Resea...

03 May 2023

Only smarter lenders will develop products based on affordability, according to brokers taking part in a recent survey by Mortgage Broker Tools (MBT). The research found that 54% of brokers says only...

03 May 2023

OSB GROUP PLC (OSBG or the Group), the specialist lending and retail savings group, today issues its trading update for the period from 1 January 2023 to date. Highlights • Strong financial and oper...

02 May 2023

• 47% of those using credit are borrowing on cards, and 40% are relying on finance from insurance and premium finance companies • Premium Credit research shows one in four SMEs have reduced levels of...

02 May 2023

United Trust Bank (UTB) has promoted Becky Kidby to the senior role of Head of Regulated Underwriting – Bridging Finance, with immediate effect. The senior management appointment comes as UTB restruc...

02 May 2023

Roma Finance is delighted to announce the appointment of Michael Allison to Commercial Director. This is a pivotal moment for Roma and represents the next stage of the business’s significant journey. ...

02 May 2023

Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services - has today (2nd May 2023) added a new General Insurance (GI) test to its CPD Academy Tes...

02 May 2023

Adam Tyler has been appointed as Director of Intermediaries at specialist short term national lender, Black & White, to lead new business development. Adam has spent over thirty years in commercial f...