Press releases for May 2024
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
31 May 2024
Please see below a comment from Nick Hale, Chief Executive Officer at Movera, a group of home moving businesses including ONP Solicitors. Nick Hale, Chief Executive Officer at Movera, a group of home...
31 May 2024
Here is a comment on the Bank of England Money and Credit from Richard Pike, chief marketing and sales officer (CSMO) at Phoebus. He said: “While today’s figures are a mix of positivity and caution...
31 May 2024
In response to the BoE Money and Credit figures released today, Karl Wilkinson, CEO of Access Financial Services, said: “These figures are a clear indication of climbing consumer confidence and market...
31 May 2024
Sushant Lall, Chief Growth Officer of Target Group, said: “This is encouraging news which should give us cause for cautious optimism. April’s statistics seem to show a small but steady increase in net...
31 May 2024
Following the release of the latest Bank of England Money and Credit statistics, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the largest mortgage brokers in the...
30 May 2024
• Prime rates reduced by up to 0.45% • Retention and Further Advance rates cut by up to 0.30% Atom bank, the UK’s first app-based bank, has today announced a series of reductions to the rates on its ...
30 May 2024
• Target’s award-winning Mortgage Hub powered by Atto’s open banking solutions • Atto’s real-time banking information helps speed up mortgage originations process Target Group has enhanced its award-...
30 May 2024
Kent based specialist finance broker, 21Finance, has successfully completed a mortgage for a broker client, whose commercial and residential property was due to be repossessed. The mixed use property...
30 May 2024
SimplyBiz has announced a further strengthening of its extensive Consumer Duty support for advisers with a second ‘Compliance Clinic’, focussed upon effective supervision and monitoring. The virtual e...
30 May 2024
Bridging loan books hit another record high in Q1 2024, reaching £8.1 billion, according to the latest data from the Association of Short Term Lenders (ASTL). The figures, compiled by auditors from ...
30 May 2024
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (30th May 2024) launched a new guide for conveyancing firms to help them understand and utilise dig...
30 May 2024
Selina Finance has introduced improvements to its criteria, which will enable the innovative lender to accept applications from a wider range of customers. This is the first in a series of policy and ...
29 May 2024
‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has announced a refresh of both Core and Special buy-to-let products, with the intro...
29 May 2024
The Right Mortgage & Protection Network has today (29th May 2024) announced a bolstering of its Customer Services Team including the appointment of a new Head of Customer Service. Abigail Carr takes ...
29 May 2024
Hampshire Trust Bank (HTB) has expanded its specialist mortgages sales team with the news that Lee Isherwood has joined as business development manager for the North East. In his new role, Lee will b...
29 May 2024
Countrywide Surveying Services (CSS), one of the leading suppliers of property risk management, valuations and customer surveys in the UK, has been recertified to a new higher standard ISO27001 accred...
29 May 2024
29 May 2024: Koodoo, the leading provider of mortgage technology for UK price comparison websites and online lead sources, has partnered with Acre, the UK’s fastest growing intermediary platform. Unde...
28 May 2024
Atom bank has completed a £1.06 million commercial mortgage in Scotland, winning praise from the broker involved for a ‘seamless’ experience. The client wanted to refinance an existing commercial mor...
28 May 2024
Just over 40% of landlords say they are still undecided on who to vote for in the upcoming general election on July 4th, while nearly half have concerns over a potential change in government, the late...
28 May 2024
Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building society’s large loan mortgages had been limited to an exclus...
28 May 2024
28 May 2024, UK: Mortgage Brain, the leading provider of mortgage technology solutions, has partnered with The Mortgage Works, the UK’s second largest buy-to-let lender, to host a free and exclusive B...
28 May 2024
Aspen has completed a £1.1m Residential bridging loan for an international property developer wanting to free up capital for an onward development purchase. The 80% LTV facility means the client can...
24 May 2024
Effective from Tuesday, 28th May, Dudley Building Society will be making a series of significant rate cuts across its Residential, Buy-to-Let (BTL), Holiday Let, Expat, and Self-Build mortgages. The ...
23 May 2024
The fees brokers pay to the Financial Conduct Authority (FCA) and predictions of falling numbers of advisers in the years ahead were amongst the most talked about topics on the cherryplc.co.uk industr...
23 May 2024
Hampshire Trust Bank (HTB) has expanded its specialist buy-to-let criteria to deliver greater support to both first-time landlords and those looking to invest in properties built with modern methods o...
23 May 2024
Maria Harris, chair of the Open Property Data Association (OPDA) said: “The Prime Minister’s decision to call a General Election comes fast on the heels of a sharp fall in inflation and welcome improv...
23 May 2024
Following the announcement by the Prime Minister that he will call a general election on Thursday, July 4th, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the lar...
22 May 2024
The Right DA Club has today (22nd May 2024) announced the addition of mutual provider, Cirencester Friendly, to its protection panel. Right DA Club members can now access Cirencester’s comprehensive ...
22 May 2024
Richard Harrison, Head of Mortgages at Atom bank, comments: “The increase in house prices reported today brings to an end a long run of falls, and marks a clear turnaround in confidence among buyers....
22 May 2024
Please find below, comment from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and LiveMore, commented: “Inflation has fallen ...
22 May 2024
Adam Oldfield, chief revenue officer at Phoebus, said: “Today’s continuing fall in inflation to 2.3% from 3.2% can mainly be attributed to the sharp drop in the energy price cap in April, which reduc...
22 May 2024
Katie Pender, managing director of Target, said: “Today’s inflation figure is great news, taking the headline rate to just above the Bank of England’s 2% target, and a sharp drop from the previous mon...
22 May 2024
Mansfield Building Society has introduced a new criteria search function on its website, making it easier for intermediaries to search the Society’s lending options. The new search function is avai...
22 May 2024
• Level of acceptable unsatisfied registered defaults more than doubled to £2,500 • Defaults look back period reduced to two years • Criteria changes supplement strong pricing on Near Prime range Ato...
22 May 2024
Pepper Money has further strengthened its Second Charge Sales team with the recruitment of Nicola Culshaw. The appointment sees the Pepper Money national sales team expand to five with Nicola further ...
22 May 2024
Mutual Vision, a technology provider for specialist lenders, today announced the promotion of David Bennett to the role of chief revenue officer. Bennett will be responsible for overseeing all revenu...
21 May 2024
Residential by Foundation, the residential brand of intermediary-only specialist lender Foundation Home Loans, has today (Tuesday 21 May) entered the Joint Borrower Sole Proprietor (JBSP) product aren...
21 May 2024
Tuscan Capital, the short-term property finance specialist, has today (21st May 2024) announced the completion of a £1.765 million development exit facility for a Grade II-listed former pub which has ...
21 May 2024
THE Mortgage Industry Mental Health Charter’s (MIMHC) 125-mile ‘Walk & Talk 2024’ hike from the West Midlands to London has smashed its target to raise more than £5,000 for charity – and there’s still...
21 May 2024
Specialist lender CHL Mortgages has announced it is cutting rates by 0.21% across its entire buy-to-let range. The refreshed range available from 21 May now features standard 2 year fixed rate mortga...
21 May 2024
Major home moving group Movera has appointed Karen Buckley as People and Culture Director and Sonia Robertson as Head of Talent in a move to boost its talent team. The appointments follow Movera’s reb...
21 May 2024
Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has confirmed a new partnership with Scottish Widows. The tie-up will see Rosemount’s Appointed Represent...
21 May 2024
Alternative Bridging Corporation has further expanded its sales operation with the appointment of a new Internal Business Development Manager (IBDM). Nasreen Khan joins the specialist short-term pr...
21 May 2024
Castle Trust Bank has launched special edition rates on its market-leading Light and Heavy Refurb bridging loans for cases that complete before the end of July, with additional rate reductions on its ...
21 May 2024
• Smart Money People has joined the Intermediary Mortgage Lenders Association (IMLA) as an associate member • IMLA now has a total of 69 full and associate members including banks, building societies,...
21 May 2024
• New maximum LTV of 75% on mortgages of up to £5m • Change comes following feedback from brokers and latest announcement of further rate reductions Atom bank, the UK’s first app-based bank, has inc...
21 May 2024
Just Mortgages has fully adopted VouchedFor’s Elevation survey system for its more than 650 advisers, to strengthen their Consumer Duty response and boost revenue. The move follows a successful six-m...
20 May 2024
SDL Surveying, the national residential surveying and valuations firm, has today (20th May 2024) announced a new partnership with mutual lender, Mansfield Building Society. SDL Surveying will be prov...
20 May 2024
Precise, part of OSB Group, has grown its residential offering with 1-year fixed rate and lifetime tracker mortgages. The introduction of the 1-year fixed rate mortgage supports brokers and their cus...
20 May 2024
Company also provides range of fee options to suit landlords’ budgets BRISTOL, 20 May 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a 16 basis points (bps)...
20 May 2024
Buy-to-let lender Landbay has strengthened its like-for-like remortgage range with a host of new two-year products, following its recent launch of new lower stress testing. Joining the range are two ...
17 May 2024
Kent Reliance for Intermediaries, part of OSB Group, has introduced new buy to let (BTL) products and reduced rates. Launched products include reduced 75% LTV rates, lower LTV options and large MUFB p...
17 May 2024
Alternative Bridging Corporation has partnered with the charity Spread a Smile, following a selection process amongst employees of the specialist property lender. Spread a Smile brings joy and laugh...
17 May 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (17th May 2024) launched new limited company 65% LTV products and cut pricing on two of its 65% LTV standard products. There are two new, ...
17 May 2024
Specialist short term lender Kuflink has been named as one of the ‘Best Places to Work 2024’ by The Sunday Times. Kuflink is one of a select number of small UK based companies to make the paper’s shor...
16 May 2024
Adviser confidence in outlook for the mortgage market, intermediary sector and own business all up in the first quarter of 2024, according to the latest findings from IMLA’s Mortgage Market Tracker ...
16 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has today reduced rates across a wide range of products by up to 0.58%. The cuts span their five-year fixed rates on retirement interest o...
16 May 2024
New second charge lender Interbridge Mortgages has announced its entry into the UK lending arena. The second charge specialist will provide secured loans in England, Scotland and Wales through a pane...
16 May 2024
The increased responsibilities placed upon conveyancers in recent years has resulted in considerable ‘scope creep’ for the sector and is placing increased pressure on the ability of firms and staff to...
16 May 2024
The Right Mortgage & Protection Network and DA Club have today (16th May 2024) announced details of its second annual Private Medical Insurance (PMI) Summit and awards ceremony for advisers taking pla...
16 May 2024
Following the recent launch of OMS Originations, a loan origination platform specifically aimed at banks, building societies & specialist lenders, OMS has seen a remarkable increase in Q1 business in ...
15 May 2024
Asset Advantage, one of the UK’s leading providers of business finance for SMEs, is celebrating 10 years of offering business loans with the launch of its new online content hub for brokers. The comp...
15 May 2024
Movera, the UK’s largest home moving group, has appointed Mark Tosetti as Chief Executive Officer (CEO) of its panel manager business, Conveyancing Alliance (CAL). Mark brings a wealth of experience ...
15 May 2024
Atom bank, the UK’s first app-based bank, has appointed Amy Donnelly to the position of Business Development Manager (BDM) for Scotland and Northern Ireland. Amy has extensive experience in the inter...
15 May 2024
Hampshire Trust Bank (HTB) has completed a £3.195 million development finance facility to fund the construction of five properties with exemplary environmental ratings on farmland in Oxfordshire. The...
15 May 2024
Norton Broker Services, the specialist finance packager and master broker, has recently secured a purchase and refurbishment loan valued at £210,000 and £120,000 respectively, for a newly formed speci...
15 May 2024
Following a record start to the year, VAS Panel has promoted four members of staff to primary roles as the business continues to recognise and reward employee excellence. Jenny Kitching, who joined i...
15 May 2024
Richard Doe, former Chief Executive Officer of Harpenden Building Society and a former Managing Director at Paragon Banking Group plc has joined the board of United Trust Bank as a non-executive direc...
15 May 2024
Paradigm, the mortgage, protection and compliance services proposition, has today (15th May 2024) announced the launch of its second podcast, designed to provide an informative and relaxed discussion ...
14 May 2024
Maria Harris gives evidence at yesterday’s Commons Select Committee on improving the home buying and selling process Maria Harris, chair of the Open Property Data Association (OPDA) has called for th...
14 May 2024
Major home moving group Movera is set to grow its conveyancing teams by over 100 this year as part of its overall business strategy. The plans follow Movera’s rebranding last autumn which brought toge...
14 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation range. The new product fulfils an identified customer need during the current ...
14 May 2024
Buckinghamshire Building Society has bolstered its prime residential and buy-to-let product ranges through the introduction of two new five-year fixed rate products up to 90% and 80% LTV respectively....
14 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation range. The new product fulfils an identified customer need during the current ...
14 May 2024
Mortgage and protection firm Access Financial Services has appointed Jeremy Lock to director of compliance. Lock joins Access FS from Absolute Return Investment Advisers (ARIA) where he was head of c...
13 May 2024
Major home moving group Movera is set to grow its conveyancing teams by over 100 this year as part of its overall business strategy. The plans follow Movera’s rebranding last autumn which brought toge...
13 May 2024
Alternative Bridging Corporation has promoted Robert Seymour to the role of Senior Underwriter. Robert has nearly 20 years of experience in financial services, having previously held key roles at En...
13 May 2024
Buy-to-let lender Landbay has enhanced its popular like-for-like remortgage range with new lower stress testing, alongside a raft of new rate reductions. For landlords with no changes to their curren...
13 May 2024
To coincide with Mental Health Awareness Week 2024, OSB Group (award-winning specialist lender & savings bank) will be bolstering the support offered to colleagues with the addition of domestic abuse ...
13 May 2024
The Right Mortgage & Protection Network and DA Club have today (13th May 2024) announced a range of Sales Roadshow Events for both appointed representative (AR) and directly authorised member firms. ...
10 May 2024
The Brightstar Group will be marking and supporting Mental Health Awareness Week on 13th-19th May, continuing to raise awareness and encourage openness across the business around the issue of mental h...
10 May 2024
Specialist lender OSB Group has strengthened its sales team via internal promotions. The sales teams at OSB Group have been further boosted with internal promotions that help to harness the expertise ...
10 May 2024
‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today launched new short-term and holiday let products, as well as cutting fees ...
09 May 2024
Below is a comment on today’s MPC Bank Base Rate decision from Rob Clifford, Chief Executive of mortgage and protection network, Stonebridge: “With swaps increasing in recent weeks, the recent decisi...
09 May 2024
Following the announcement that the Bank of England has held the base rate for a sixth consecutive time at 5.25%, we have a comment from MorganAsh. MorganAsh provides the award-winning MorganAsh Resi...
09 May 2024
Following the news that the Bank of England has voted to hold the base rate once again at 5.25%, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the largest mortgag...
09 May 2024
KSEYE and broker firm LDN Finance recently completed a £4.2 million residential bridging loan for the purchase of 10 flats within a newly developed area in Canary Wharf. The loan was for 10 flats, ra...
09 May 2024
Aspen has provided a £6.5m Development Exit bridge to several experienced developers, enabling the redemption of the development lender and freeing up equity in a capital raise to use towards their ne...
09 May 2024
Bryce Glover, co-founder of Recognise Bank and experienced property finance professional, has joined the board of United Trust Bank as a non-executive director. With a banking career spanning more th...
09 May 2024
Pepper Money has launched the fourth season of its podcast for mortgage intermediaries, The Specialist. The latest season of the popular podcast, hosted by Rob Barnard, Intermediary Relationship Dir...
09 May 2024
Property Circle, the growth platform for mortgage brokers, estate agents and letting agents, has appointed Andy Tyler to head up client service as Head of Training and Customer Success. Andy who will...
08 May 2024
Buckinghamshire Building Society have today announced a partnership with the award-winning, later life lending sourcing platform and mortgage club, Advise Wise. This collaboration makes Buckinghamshi...
08 May 2024
Atom bank, the UK’s first app-based bank, has announced it is reducing the interest rates charged on its range of commercial mortgages by up to 0.61%. The changes will see variable rates start at 2.0...
08 May 2024
Specialist lender Spring Finance (Spring) has today announced the launch of a dedicated suite of products and process for the non FCA regulated bridging market. The products will cater for standard r...
08 May 2024
Marsden Building Society has announced a refresh of its Guernsey mortgage portfolio, with reduced rates, capital raising and interest only options available. The Society, based in Lancashire, Engla...
08 May 2024
Short term specialist lender Suros Capital, which lends against luxury assets, has seen an increase in the number of cases where customers are using gold as security against a loan. Cases using gold a...
08 May 2024
The Dudley Building Society and self-build brokerage Mayflower Mortgage and Finance have completed a £1.4 million self-build remortgage demonstrating the Society’s flexibility on construction type and...
08 May 2024
A KEY member of Pepper Money’s management team has shared his highly personal experiences of overcoming alcohol abuse following the breakdown of his marriage for the latest Mortgage Industry Mental He...
08 May 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (8th May 2024) launched new products and cut pricing within its standard range. There are two new five-year fixed-rate standard products l...
08 May 2024
A significant number of buy-to-let landlords have made financial changes over the last 18 months in order to mitigate the rising costs of running a rental property, including renegotiating mortgage fi...
08 May 2024
Specialist buy-to-let lender CHL Mortgages has revised their product range. Products are available with 2%, 3.5%, 5% and 7% fee options and LTV bandings of 55%, 65%, 70% and 75%. 2-year fixed rates ...
08 May 2024
Mutual Vision (“MV”), a technology provider for specialist lenders, is launching MV Solar today, a new ‘bank in a box’. The cloud-native, digital banking platform was unveiled at the BSA conference i...
07 May 2024
Following the release of the latest CIPS PMI construction data, which shows the fastest expansion of construction output since February 2023, we have a comment from Beard Construction. Fraser Johns, ...
07 May 2024
OSB Group, the award-winning specialist lender & savings bank, are celebrating their employee engagement networks first year anniversary which coincides with the National Day for Staff Networks on 8th...
03 May 2024
3 May 2024, UK: Mortgage Brain, the leading provider of mortgage technology, welcomes Nomo to its Sourcing Brain platform. This new partnership will provide even more brokers with access to Nomo’s pop...
02 May 2024
‘Solutions by Foundation’, the specialist buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today (2nd May 2024) reduced pricing on selected semi-commercial produ...
02 May 2024
United Trust Bank is continuing to develop its Bridging Sales Team by promoting experienced bridging specialist Bradley Illman to the role of Key Account Manager for London. Bradley (Brad) joined UTB...
02 May 2024
Hanley Economic Building Society has announced the introduction of a two-year interest-only self-build variable discount mortgage with an initial pay rate of 6.15%, available up to 70% LTV. This come...
02 May 2024
Norton Group has announced the appointment of Rachel Wilks as its new Operations Director. Rachel joins Norton Group from Capital One where she worked for 24 years, most recently in a senior leadershi...
02 May 2024
A heavy works conversion in Cheltenham plus a church redevelopment and nearby brownfield land purchase in Bath have all been brought together by Aspen under one complex £5,625,000 Refurbishment bridge...
01 May 2024
Black & White Bridging, which specialises in bridging finance, has committed to upskill its entire workforce over the next few months. The specialist lender will use the Certified Practitioner in Spec...
01 May 2024
New data reveals that intermediaries using LiveMore’s Matching Engine secure a 41 per cent uplift in the loan amounts they can offer their over-50s clients. The uplift relates to the amount a broker ...
01 May 2024
A FUNDRAISING 125-mile walk from the West Midlands to London led by three Mortgage Industry Mental Health Charter (MIMHC) founders is gearing up to raise as much money as possible for charity. The sp...
01 May 2024
‘Residential by Foundation’, the specialist residential mortgage brand of Foundation Home Loans, has today announced the appointment of a new Regional Account Manager. Ginny English starts in the rol...
