Press releases for June 2022

01 July 2022

Comment from Leon Diamond, CEO, LiveMore on the FCA’s letter to CEOs of lifetime mortgage providers: We welcome the FCA paper on Supervisory Strategy for Lifetime Mortgage Providers. The well-public...

01 July 2022

Richard Pike, Phoebus Software sales and marketing director, says “Mortgage activity appears to be bucking expectations following the recent interest rate rises. It would be easy to think that all the...

01 July 2022

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “May saw a healthy rise in mortgage lending from the dip in April’s figures increasing by 76% while gross lending w...

01 July 2022

John Phillips, national operations director at Just Mortgages, says “Borrowing and lending levels continue to increase above what anyone predicted they would, almost doubling again in May. Doom mercha...

30 June 2022

Dominic Danvers, Property Litigation Solicitor, CLG, says “The Leasehold Reform (Ground Rent) Act 2022 comes into force today for all new leases. It will mean that leaseholders will not be required to...

30 June 2022

CHL Mortgages has introduced a buy-to-let refurbishment product range which is designed to help landlords improve the energy rating of their rental stock and/or improve the general condition of the pr...

30 June 2022

Castle Trust Bank has launched a Bridging proposition, supported by dedicated sales, underwriting and processing teams. The launch of its Bridging proposition will simplify Castle Trust Bank’s lendin...

30 June 2022

Nearly 8 in 10 brokers (79%) say they did not try different affordability platforms before choosing the one they currently use, according to research by Mortgage Broker Tools (MBT). The study, which ...

29 June 2022

Martin Cheek, managing director at SmartSearch, said: “We support Finance UK’s call for cross-sector action to tackle online scammers. “Behind these miserable crimes, which often exploit the most vul...

29 June 2022

 - New reduced rates designed to put Allica’s commercial mortgage products on equal footing with high street banks as it looks to increase pressure on traditional lending market.  - Additional rate r...

29 June 2022

UK, 29 June 2022: Fintech expert Mortgage Brain has today confirmed that Cloë Atkinson has been appointed as Chief Operating Officer. As Mortgage Brain’s new COO, Cloë will lead and scale the company...

29 June 2022

Paradigm, the mortgage, protection and compliance services proposition, has today (29th June 2022) launched a new Consumer Duty Support hub for all adviser firms which includes a new video on how to p...

29 June 2022

United Trust Bank (UTB) has appointed Adam Ware as a Business Development Director in its growing Structured Property Finance division. Adam joins UTB from Hilltop Credit Partners where he was Vice ...

29 June 2022

Phoebus Software Limited (PSL) and Keystone have signed a four-year contract which will see the specialist lender onboard all new mortgage completions onto the latest Phoebus account servicing product...

28 June 2022

Leading national broker firm, Just Mortgages has launched a new panel management partnership with eConveyancer to complement the existing offering of its self-employed and new build brokers. The part...

28 June 2022

Up to 70 per cent of property firms surveyed for an anti-money laundering campaign have not changed their approach to onboarding new customers since sanctions were imposed on Russia after its invasion...

28 June 2022

Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, is this month hosting a free webinar for brokers on the mortgage application process. Zephyr said that its regional sales manage...

28 June 2022

Tuscan Capital, the short-term property finance specialist, has announced the relaunch of its Residential Bridging proposition with the addition of its new Fast Track process. It expects the enhancem...

28 June 2022

Groundsure launched its new climate data module today, following a year of development and a soft-launch trial. The module, ClimateIndex™, analyses and translates data concerning the risks that clima...

24 June 2022

Hampshire Trust Bank (HTB) has announced the appointment of Andrew Dignum as Lending Director for the North West within its Development Finance division. He brings over 10 years’ experience in the de...

24 June 2022

Pepper Money has launched a new offer to help Buy to Let customers understand the energy efficiency rating of their properties and how they could improve their rating. As part of its commitment to ...

24 June 2022

Mercantile Trust has become the latest lender to join the Association of Short-Term Lenders (ASTL). Mercantile Trust is a specialist bridging and buy to let lender and part of the Norfolk Capital Gr...

24 June 2022

After another year of challenges because of Coronavirus restrictions and the emerging cost-of-living crisis, Dudley Building Society has released its 2021/22 Report and Accounts, with a focus on deliv...

24 June 2022

Sirius Property Finance has launched a new funding line that is uniquely focused on supporting property developers. The specialist debt advisor has secured exclusive access to an innovative solution...

24 June 2022

Spring Finance’s due diligence and persistence has helped uncover and convict a man from Surrey who has been jailed for more than 30 counts of fraud. Rajesh Ghedia, 42, defrauded insurance and pensio...

24 June 2022

The government’s long-awaited Help to Build Equity Loan Scheme becomes a reality with the launch of the first ever Help to Build Mortgage. Created by BuildLoan in partnership with Darlington Building...

24 June 2022

Mortgage and protection broker, Access Financial Services, has just been joined by its one hundredth broker. It has achieved this in just five years after its founder, Karl Wilkinson, set up Access FS...

23 June 2022

Sirius Property Finance has strengthened its Investment team, with the recruitment of Ashley Elkin as Senior Associate. Ashley has more than seven years’ experience in the property industry, includi...

23 June 2022

Leading broker firm, Just Mortgages has smashed through the 600-broker milestone with a raft of new brokers joining their employed and self-employed divisions. The company announced this week that ...

23 June 2022

Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services, has today (23rd June 2022) added the LV= range of General Insurance (GI) products to its...

23 June 2022

Bridging lender Kuflink, has announced that its P2P platform has just passed the £200 million mark as new investment levels continue to accelerate. The lender which launched its P2P platform in 2016 ...

22 June 2022

Aspen Bridging has completed a complex £1.5m gross Bridge-To-Let (BTL) application on a luxury two-bedroom apartment in Mayfair, in doing so supporting a business plan not seen before in the UK. The...

22 June 2022

Richard Pike, Phoebus Software sales and marketing director, says “Although the outlook is one of harder times to come we have to be encouraged, in the short-term, that monthly completed transactions ...

22 June 2022

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “Inflation has risen yet again and expected to move to 11% in October when the next energy price cap is set. The Ba...

22 June 2022

Rob Barnard is set to return to Pepper Money in the new role of Director of Intermediary Relationships. Barnard had previously joined Pepper Money as Sales Director in 2016, before joining Masthaven...

21 June 2022

LiveMore continues to grow its distribution by partnering with Mortgage Advice Bureau making its term interest-only products available to more than 1,600 brokers. Specialising in lending to people ov...

21 June 2022

Foundation Home Loans, the intermediary-only specialist lender, has today widened its criteria for its Professionals mortgage range which offers enhanced loan-to-income limits for professionals. The ...

20 June 2022

Commenting on the FCA's statement on vulnerable customers, Andrew Gething, managing director of Morgan/Ash, said: “The findings of the Financial Conduct Authority (FCA) latest update show that many f...

20 June 2022

Spring Finance has released the details of its specialist bridging proposition which launches today. The specialist lender says it will be offering a comprehensive range of loans to support intermedi...

20 June 2022

Central Trust, the first and second charge lender, has today (20 June 2022) extended the availability of its Consumer Buy-to-let (CBTL) mortgage proposition by making it available to borrowers in Nort...

20 June 2022

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has successfully been approved for continuation of the ISO27001 accreditation following a sur...

20 June 2022

New research out today from Smart Money People, the UK’s largest financial services review site, has found that broker satisfaction with UK mortgage lenders has levelled out for H1 2022, as the market...

17 June 2022

Pepper Money has repriced its range of Affordable Housing, Residential and Buy to Let mortgages in response to rising swap rates. The specialist lender has increased rates across its residential fix...

16 June 2022

Leading national broker firm, Just Mortgages has announced the launch of a new initiative for Self-employed brokers; a fully white-labelled digital marketing package. Building on the hugely successfu...

16 June 2022

Vernon Building Society has joined forces with Brilliant Solutions to give the mortgage club’s members full access to its innovative products and specialist expertise. Brilliant Solutions members wil...

16 June 2022

John Phillips, national operations director at Just Mortgages said: “This latest increase now feels like rates are on the upwards swing of a pendulum which is rapidly gaining momentum. However, althou...

16 June 2022

Richard Pike, Phoebus Software sales and marketing director, says “Today’s increase is one that most people were expecting and, hopefully, preparing for. The thing to understand is that this is a glob...

16 June 2022

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “The Bank of England said in the past that when base rate starts to rise it would be gradual but five consecutive i...

16 June 2022

UK, 16 June 2022: Now in its 14th year, Mortgage Vision is back on the road with 10 roadshows around the country this September and October, offering brokers the opportunity to find out what factors a...

16 June 2022

Connect for Intermediaries has become the first network to provide its brokers with access to Legal & General Mortgage Club’s SmartrFit+ tool. Connect member brokers will now be able to add the afford...

16 June 2022

United Trust Bank (UTB) has chosen leading software specialist Alfa to transform the Bank’s Asset Finance operations with an integrated digital solution improving broker service and supporting UTB’s a...

15 June 2022

Crystal Specialist Finance (CSF) has further strengthened its sales function with three new hires. Mollie Rising joins as Business Development Manager for Central London whilst Joe Entwistle and Sea...

15 June 2022

Alternative Bridging Corporation has strengthened its lending proposition for Scotland. The specialist property finance lender is supporting its lending in the region with a BDM based in Scotland an...

15 June 2022

Paradigm Mortgage Services, the mortgage services proposition, has today (15th June 2022) announced the appointment of a new Mortgage Helpdesk Manager. Diane Jones joins Paradigm with immediate effec...

14 June 2022

Newcastle Intermediaries has launched a 10-year interest only mortgage product to increase long-term borrowing options. The 10-year interest only fixed rate at 3.55% (3.7% APRC) comes with early repa...

14 June 2022

Paul joined the Buckinghamshire Building Society in May as Key Account Manager for the Midlands, bringing with him a wealth of experience in the Mortgage and Building Society Sector and we are delight...

14 June 2022

eConveyancer has launched a new panel management partnership with TMA Club. The agreement gives Directly Authorised (DA) brokers who are members of TMA Club access to eConveyancer’s panel of more th...

14 June 2022

 - Saffron for Intermediaries is pleased to announce the appointment of Lesley Terry as the latest regional BDM.  - With 17 years of mortgage experience, Lesley will work with brokers across the centr...

14 June 2022

Survey data from The Deposit Protection Service (The DPS) have suggested a dramatic increase in tenants moving property in order to accommodate a pet – and a decline in renters who are prioritising ho...

14 June 2022

Specialist GI insurance provider, Assurant Intermediary, has introduced a comprehensive landlord insurance product providing rent guarantee and legal expenses cover to safeguard landlord clients again...

13 June 2022

Acre’s end-to-end intermediaries platform demonstrates the future of mortgage technology 13 June 2022: Acre, the innovative end-to-end mortgage intermediaries platform, has made its integration with...

13 June 2022

Impact Specialist Finance, the leading specialist packager and distributor, has been added to the packager panel of Paradigm Mortgage Services, the mortgage services proposition. As part of this arra...

13 June 2022

Specialist short-term lender, Hope Capital, has appointed Sarah Butler as the firm’s new Marketing and Products Manager. Sarah, who has over 22 years’ experience in a range of marketing roles, has pr...

13 June 2022

Aspen Bridging has saved a developer’s project after the previous lender refused to extend available finance to cover cost overruns brought on by the increasing price of building materials. The six-...

13 June 2022

LiveMore has shortened early repayment charges on its long-term fixed rate mortgage range for the 50-90+ age group, making the products more appealing to borrowers. The new ERCs have been shortened o...

13 June 2022

Pepper Money has further strengthened its Sales team with the recruitment of Brad Rhodes as National Key Accounts Manager. Brad has more than 12 years’ mortgage experience, having previously held r...

10 June 2022

Newcastle Intermediaries has introduced a seven-year fixed rate mortgage to its product portfolio in response to demand from borrowers looking for the security of a longer-term product. The seven-yea...

10 June 2022

Great news! We have made some important and exciting changes to our product range and mortgage criteria, effective 1st June 2022. These are designed to make our products even more accessible to you an...

10 June 2022

Mortgage broker platform, Mortgage Magic has upgraded its mobile app with enhanced features including electronic ID (E-ID) verification, secure document upload and case tracking. The mobile app, whi...

09 June 2022

New research from criteria search specialist Knowledge Bank shows a potentially worrying development in borrowers’ credit worthiness as the search for lenders accepting applicants with ‘missed or late...

09 June 2022

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has completed a full API integration with Pepper Money for its second charge business. The ...

09 June 2022

Nearly a third of people (29%) earning less than the median UK average income are unable to secure the loan size they request, according to the latest MBT Affordability Index. Data analysis from thou...

09 June 2022

Pepper Money has promoted Ryan Brailsford to the new role of Director of Business Development. Brailsford, who joined Pepper Money in 2016, became Head of Sales at the lender in 2018. This latest pr...

08 June 2022

Paradigm Mortgage Services, the mortgage services proposition, has today (8th June 2022) announced a new partnership with Unity Financial Crime Services (FCS) to help its member firms secure bespoke m...

08 June 2022

Following the release of the latest CIPS PMI construction data, which showed that the weakest rise in residential work for two years held back the construction sector during May, we have a comment fro...

08 June 2022

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “It was a good start to 2022 for mortgage lending but we have already seen from the Bank of England’s April data a ...

08 June 2022

John Phillips, national operations director, Just Mortgages said: “This report confirms a stable start to the year with application activity similar to pre-covid levels and feedback from our brokers a...

08 June 2022

Richard Pike, Phoebus Software sales and marketing director, says “With applications trending above the number of completions there is clearly a disconnect somewhere in our current market. Hardly surp...

08 June 2022

United Trust Bank (UTB) has further improved its ‘Heavy Refurbishment’ offering as it continues to expand and enhance its product range to support both experienced property professionals as well as th...

08 June 2022

Evolution Money, the second-charge lending specialist, has today (8th June 2022) launched the latest iteration of its quarterly data tracker, which reviews borrower types, average mortgage sizes, LTV,...

08 June 2022

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has now seen over 400 surveyors graduate from its training academy. Led by Sam Holton, Head ...

08 June 2022

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has been added to the lending panel of finova Payment and Mortgage Services. This partnership will provide finova’s membership of dir...

08 June 2022

Brightstar Financial has launched a range of free Summer Webinars to help brokers to make the most of new opportunities and diversify their business. The award-winning specialist distributor will be...

07 June 2022

The Right Mortgage & Protection Network have launched an informative and content rich new Trust Hub following on from their content surrounding Writing Protection Policies into Trust. Writing Protect...

07 June 2022

Leading support services provider MorganAsh has integrated the Vulnerability Registration Service (VRS) with its own innovative MARS resilience tool, making vulnerability assessment easier and more re...

07 June 2022

Just Mortgages has just launched a brand new business called Just Learning, which offers individuals a route into the mortgage industry with a blended learning opportunity utilising face to face and r...

07 June 2022

Monument, the challenger bank and specialist buy-to-let lender, has launched a digital buy-to-let loan calculator to allow mortgage intermediaries to check affordability levels quickly and effectively...

07 June 2022

The Mansfield has strengthened its sales operation with Sabiha Moghal being the latest recruit to join the Society’s Business Development team. Sabiha, an experienced BDM, joins the Society from Stat...

06 June 2022

Newcastle Intermediaries has appointed Sophie Goodwin as business development manager to support the needs of brokers and their clients across the North East and Scotland. Sophie has joined Newcastle...

06 June 2022

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (6th June 2022) announced the launch of its 2022 Lender Survey to identify where the industry can c...

06 June 2022

Paradigm, the mortgage, protection and compliance services proposition, has today (6th June 2022) outlined a full calendar of events and webinars for intermediaries across the coming Summer months. A...

06 June 2022

Deal will be used to purchase a property currently operating as a restaurant in a busy resort town Recognise Bank has agreed a £550,000 commercial mortgage for a property investment firm to acquire ...