Press releases for June 2024

01 July 2024

An award-winning British bank has bolstered its growing operations north of the border with a seasoned Scottish finance expert. Chris Pallis, who has 17 years of experience in finance with firms incl...

01 July 2024

Hampshire Trust Bank (HTB) has eased crucial demand for student accommodation in York with an £8.4 million development delivering an 81-unit purpose-built student accommodation (PBSA). The client, Urb...

01 July 2024

Alternative Bridging Corporation has strengthened its Underwriting team, with the recruitment of Beata Szejna as a new Underwriting Assistant. Beata brings with her extensive experience in the fina...

01 July 2024

London-based Fintech Sikoia is partnering with leading digital banking platform Mutual Vision, which will dramatically reduce the administrative work involved in cases, delivering a better experience ...

28 June 2024

‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today (28th June 2024) announced the launch of a new five-year, fixed-rate Limit...

28 June 2024

Karl Wilkinson, CEO at Access Financial Services said: “This month’s residential transaction figures are a great improvement on last month’s and extremely encouraging for the industry. “For example, ...

28 June 2024

Maria Harris, chair of the Open Property Data Association said: “ “It’s very promising to see that UK residential transactions have bounced back in May after a dip in April. The recent fall in inflati...

28 June 2024

Richard Pike, chief sales and marketing officer at Phoebus, said: The Bank of England’s Financial Stability Report appears to be very good news for the UK economy. The Financial Policy Committee has ...

28 June 2024

Andy Golding, CEO and Clive Kornitzer, Group Chief Operating Officer at OSB Group have completed 850 miles from Belgium to the Italian lakes in a car costing less than £1000, all to raise money for di...

27 June 2024

At a time when Suros Capital’s new short term business finance facility, launched in January, is gathering interest from brokers, it has just funded an immediate short term loan of £235,000 for the cl...

27 June 2024

Castle Trust Bank is delighted to announce the success of its second annual broker Golf Day, which raised £8,500 for the Just4Children charity. The event, which was held on Tuesday 18th June at Gui...

27 June 2024

April Mortgages has announced a new partnership with SPF Private Clients, expanding its distribution among mortgage advisers. SPF Private Clients is an award-winning national brokerage employing over...

27 June 2024

Hinckley & Rugby for Intermediaries is today (27 June) unveiling its new branding, designed to project a more modern image, reflecting the building society’s position in the mortgage market. The bran...

27 June 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has reduced rates on standard mortgages (capital and interest, and interest only), and retirement interest only (RIO) products. RIO rates ...

27 June 2024

Atom bank, the UK’s first app-based bank, has appointed Gareth Jones as its new Chief Risk Officer subject to regulatory approval. He replaces Chris Sparks, who is retiring after nine years at the ban...

27 June 2024

Loughborough Building Society has launched a range of new, intermediary-focused affordability calculators, developed in response to broker feedback. The Society has teamed up with local Leicestershir...

27 June 2024

Company also provides range of fee options to suit landlords’ budgets BRISTOL, 27 June 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider has announced that it is for the fir...

27 June 2024

The unlawful practice of conditional selling by estate agents is getting worse and harming customers, reveals an Access Financial Services survey. Conditional selling is when an estate agent tells a ...

26 June 2024

Marsden Building Society has expanded its 55+ mortgage portfolio by introducing new Lending into Retirement (LIR) products, with interest only, repayment and part-and-part options. This latest laun...

26 June 2024

Bridging lender, London Credit is launching a new Buy to Let product to help property investors to ride out a period of uncertainty in the market. The bridging lender is launching a hybrid Buy to Le...

25 June 2024

Fleet Mortgages, the buy-to-let specialist lender, has today (25th June 2024) announced a series of rate cuts plus the launch of two new five-year, 75% LTV fixes for both standard and limited company ...

25 June 2024

Hampshire Trust Bank (HTB) has appointed Matt Hardy as business development manager (BDM) for the Midlands within its development finance division. In his new role, Matt will be responsible for worki...

25 June 2024

1. Post-crisis decade sees 3.1m shortfall in first-time buyers 2. Tougher regulation supressing homeownership 3. Average long-term cost of not buying: £352,000 London 25th June 2024 IMLA’s latest ...

25 June 2024

Paradigm, the mortgage, protection and compliance services proposition, has today (25th June 2024) announced the addition of specialist bridging lender, Scottish Bridging Loans, to its lender panel. ...

25 June 2024

Annuity quotations obtained using nurse-led medical assessments return a significantly higher annuity rate than those submitted using standard online forms, a new study by MorganAsh reveals. The surv...

25 June 2024

finova Broker, formerly the eKeeper Group and part of finova, the UK’s largest cloud-based mortgage and savings provider, today announces the successful launch of its CRM platform to RSC New Homes, a ...

25 June 2024

Innovative lender April Mortgages has appointed Mark Eaton as Chief Operating Officer as it continues its mission to deliver greater peace of mind to the mortgage market. Mark has played a central ro...

25 June 2024

Mansfield Building Society has enhanced the criteria on its Expat Buy to Let (BTL) offering by reducing its rental income requirements for Consumer BTL and including expats who have lived overseas for...

25 June 2024

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has appointed two telephone BDMs to further bolster its growing sales support team. The two...

24 June 2024

Atom bank, the UK’s first app-based bank, has passed £1 billion in commercial mortgage completions. It marks a significant milestone for the digital lender, who has been a consistent champion of UK S...

24 June 2024

Melanie Spencer today joins Target Group, as growth and sales lead, to help drive Target’s sales and business development functions. Target, a part of the 146,000-person strong Tech Mahindra group, i...

24 June 2024

LHV Bank recently completed a loan of c. £7 million for the purchase of a substantial residential investment property. The asset, situated in a popular commuter town in Surrey, had been previously con...

24 June 2024

An overseas property professional managed to save their deposit on a newbuild apartment in London after Aspen Bridging turned around a £255k No Valuation loan in just five days. The Turkish client w...

21 June 2024

Mansfield Building Society has extended the range of property types on its owner-occupied residential and buy to let (BTL) product range to include flats of up to 10 storeys. The changes improve on...

21 June 2024

Precise, part of OSB Group, has made a number of changes across its buy to let product range, including reduced rates starting from 4.49% and new fee products. The enhancements are designed to offer a...

20 June 2024

The Association of Short Term Lenders (ASTL) is rebranding to the new name of: The Bridging & Development Lenders Association (BDLA). The new brand, website and LinkedIn page will go live on Monda...

20 June 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...

20 June 2024

Please find below, comment on the BoE base rate announcement from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and finance at...

20 June 2024

Following the announcement that the Bank of England has held the base rate at 5.25%, we have a comment from MorganAsh. MorganAsh provides the award-winning MorganAsh Resilience System (MARS) to enabl...

20 June 2024

Please find below comment from Access FS on the BoE’s decision to hold the base rate at 5.25%. Karl Wilkinson, CEO of Access Financial Services, said: “At 5.25%, the Bank of England (BoE) base rate r...

20 June 2024

Please find below, a comment on the BoE’s base rate decision from Nick Hale, Chief Executive Officer at Movera, a group of home moving businesses including ONP Solicitors: “Despite yesterday’s announ...

20 June 2024

“With central banks in Canada and Europe already starting to cut interest rates, it’s frustrating for lenders that the UK’s conservative monetary policy remains notoriously slow to effect change. “I ...

20 June 2024

• Prime rates reduced by up to 0.15% • Retention product rates cut by up to 0.15% Atom bank, the UK’s first app-based bank, has today reduced rates across its entire suite of Prime mortgage products....

20 June 2024

Countrywide Surveying Services (CSS), one of the leading suppliers of property risk management, valuations and customer surveys in the UK, has formed a partnership with Advise Wise joining their Conta...

20 June 2024

Location: NEC, Birmingham Date: June 26, 2024 Stand: W44 VAS Panel will make their exhibitor debut at the NACFB Expo 2024 with direct broker referrals, valuation education and Knowledge Hub the core ...

20 June 2024

Paradigm, the mortgage, protection and compliance services proposition, has today (20th June 2024) announced its third podcast, designed to provide an informative and relaxed discussion on topics rele...

20 June 2024

Hampshire Trust Bank (HTB), in partnership with The Buy to Let Broker, has completed the purchase of nine leasehold flats in record time, saving the client a substantial six-figure sum in Stamp Duty L...

20 June 2024

Half of HMO landlords in a survey by buy-to-let lender Landbay have said they use their property or portfolio as their sole source of income. Just under 30% of landlords who took part in the survey o...

20 June 2024

Asset Advantage, one of the UK’s leading providers of business finance for SMEs, has launched a brand-new survey to uncover the key challenges and opportunities facing commercial brokers in securing b...

19 June 2024

Richard Harrison, Head of Mortgages at Atom bank, comments: “House prices have risen for two months in a row now, a clear symptom of improved levels of optimism among buyers. Would-be purchasers are ...

19 June 2024

Simon Webb, managing director of capital markets and LiveMore, commented: “Inflation has eased to 2% in May, hitting the Bank of England's official target for the first time since July 2021. This mar...

19 June 2024

Adam Oldfield, chief revenue officer at Phoebus, said: “It’s encouraging to see inflation getting back in line after one heck of a ride. Today’s continuing fall in inflation to 2% from 2.3% last mont...

19 June 2024

Hinckley & Rugby for Intermediaries has updated the criteria on its Credit Flex mortgage product, with changes effective from today (June 19). This flexible mortgage product is designed to meet the n...

19 June 2024

“Inflation falling to the Bank of England's 2% target is positive news for the housing market and for consumers. Though not everyone is convinced, this could lead to the Bank of England to hold or eve...

19 June 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has announced the promotion of Gareth Lowndes to the position of sales director for client services. In his new role, Gareth will leverage...

18 June 2024

Specialist lending firm Somo Bridging is marking its 10-year anniversary this summer with a celebratory Euro-themed campaign, starting on Friday 14 June. #WeAre10 will include team insight and analys...

18 June 2024

United Trust Bank (UTB) is supporting Westcombe Group’s £34m Kingston Bridge House apartment conversion in Hampton Wick, South-West London. The scheme will see the conversion of a two-block building,...

18 June 2024

Hampshire Trust Bank (HTB) has appointed Tim Mycock as lending director for London and the South East within its development finance team. In his new role, Tim will work closely with brokers and deve...

18 June 2024

VAS Panel has expanded its list of valuation specialisms by 135% to help fine-tune selection from its valuation firms database to meet every lending application, no matter how unique. The move, which...

18 June 2024

• Atom bank has hit a milestone of full profitability, both before and after tax, with operating profit rising to £27m, up from £4m last year • This progress has been driven by a 39% increase in lend...

18 June 2024

April Mortgages has been praised for the security and peace of mind it offers after supporting a borrower with a 15-year fixed rate mortgage. April Mortgages provided the borrower with a £580,000 mor...

18 June 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has removed the maximum age and increased the term across its range of standard mortgages. The removal of the maximum borrowing age applie...

17 June 2024

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (17th June 2024) launched a series of online webinars for member firms which will taking place thro...

17 June 2024

Specialist lender Spring Finance (Spring) has today announced the formal launch of its development finance division. Spring’s product range includes ground up development finance for new build sites a...

17 June 2024

The Right Mortgage & Protection Network has today (17th June 2024) announced the appointment of a new Protection Development Team Member who will work with appointed representative (AR) firms to boost...

17 June 2024

• Phoebus 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, non-bank l...

17 June 2024

HLPartnership, the UK’s largest privately owned mortgage & protection network, is hosting a webinar event on Wednesday, 19th June to help entrepreneurs decide whether to invest in starting and growing...

17 June 2024

Selina Finance has made a series of criteria improvements, including doubling the maximum loan size available for both its Homeowner Loan and Home Equity Line of Credit (HELOC) products. The maximum...

17 June 2024

Dudley Building Society has lowered rates across its mortgage retention range by up to 0.70%. The mutual has dropped rates on selected fixed and discounted products across its Residential, Buy-to-Let...

17 June 2024

Buy-to-let lender Landbay has reduced rates across the majority of its two-year and five-year fixed rate products by as much as 0.10%. The 10 basis point reduction covers the entire two-year fixed ra...

14 June 2024

Roma Finance, the bridging and development specialist that loves to lend, is celebrating its 15th year in business and has set ambitious growth targets for the next 24 months. Established in 2008 b...

14 June 2024

Rosemount Financial Solutions (IFA), the independent mortgage, protection and financial planning network, has appointed Hereford Wealth and Financial Planning as a new Trading Style. Hereford Wealth ...

14 June 2024

Crystal Specialist Finance (CSF) has scooped a major award in recognition of its success in bringing clarity to complex cases at the SimplyBiz Mortgages Partnership Event 2024. The specialist finance...

13 June 2024

Katie Pender, managing director of Target, said: “Labour’s pledge to build 1.5m homes and prioritise brownfield sites for development are almost identical to those in the Conservative manifesto, altho...

13 June 2024

Following the release of the Labour Party manifesto, we have a comment from Just Mortgages. Just Mortgages is one of the largest mortgage brokers in the UK, with more than 650 advisers working across...

13 June 2024

Major home moving group Movera has launched its own online academy to provide conveyancing and other skills training specifically designed to revolutionise employee development. The academy platform w...

13 June 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has strengthened its self-employed division with the appointment of Zarah Gulfraz to the role of area director for the north. Based in Man...

13 June 2024

Hampshire Trust Bank (HTB) has strengthened its specialist mortgages broker support team with four new lending managers. This expansion is part of HTB’s commitment to offering brokers and their clien...

13 June 2024

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has partnered with leading insurtech provider, Uinsure, to create an integrated insurance ex...

13 June 2024

‘Solutions by Foundation’, the specialist buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today (13th June 2024) launched a new set of products called ‘HMO Plus...

13 June 2024

Buckinghamshire Building Society has launched a new non-standard credit buy to let (BTL) mortgage, following significant broker demand. The BTL Non Standard Credit mortgage is available with a three...

13 June 2024

The Right Mortgage & Protection Network has today (13th June 2024) announced the addition of Perenna Bank to its lender panel. The Right Mortgage appointed representative (AR) firms and their advis...

12 June 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has successfully priced and completed its inaugural securitisation, Exmoor Funding 2024-1. The simple, transparent and standardised (STS) ...

12 June 2024

Specialist short-term lender Black & White Bridging, has appointed Greg Applewhaite as its Relationship Manager for the North of England. The short-term lender, known for its truly transparent approa...

12 June 2024

Following the release of the latest ONS construction output figures, which shows a fall in construction output in April and the three months to April, we have a comment from Beard Construction. Frase...

12 June 2024

One Mortgage System (OMS), the single-input enquiry to completion processing platform for intermediaries, has proudly announced its latest milestone: a full application programming interface (API) int...

12 June 2024

Richard Pike, chief marketing and sales officer at Phoebus, said: “Zero growth in GDP is a little surprising after three consecutive months of growth in January, February and March. With unemployment ...

12 June 2024

Smart Money People, the UK’s most comprehensive financial services review site, has released its H1 2024 Mortgage Lender Benchmark covering mortgage broker opinions on UK mortgage lenders for the firs...

11 June 2024

Following the release of the Conservative Party manifesto, which pledges to re-introduce Help to Buy, abolish stamp duty for first-time buyers and build 1.6 million new homes, we have a comment from J...

11 June 2024

Atom bank, the UK’s first app-based bank, has completed a commercial mortgage within just 37 working days. MHC Property Limited, an existing Atom bank customer, was looking to refinance a commercial ...

11 June 2024

Buckinghamshire Building Society has cut rates by up to 0.20 percentage points across a raft of its mortgage products. The reductions, which take effect immediately, apply to standard residential, la...

11 June 2024

Gateway Surveyors has today announced that Marsden Building Society has reappointed the Derby based surveying firm as its panel manager. This is the latest in a series of high-profile business partner...

11 June 2024

Leading Insurtech, Uinsure, has announced two new significant roles created to lead the strategic focus of the business. Will Price, who was previously at BGL, brings with him over 30 years' experie...

10 June 2024

Specialist real estate lender Hilco Real Estate Finance (HREF) has become the latest lender member to join the Association of Short-Term Lenders (ASTL). Hilco Real Estate Finance provides bespoke, f...

07 June 2024

The Labour party’s proposed initiative has been effective in grabbing headlines, but would be unlikely to be effective in helping First-Time Buyers onto the property ladder. London 07/06/2024 Kate D...

07 June 2024

7 June 2024, UK: Mortgage Brain, the leading provider of mortgage technology, welcomes Skipton International to its Sourcing Brain and Criteria Brain platforms. This new partnership will enable broker...

07 June 2024

Pepper Money has strengthened its Sales team, promoting Alex Hall to the position of Regional Development Manager for the South West.   Alex joined Pepper Money as an Underwriter in March 2022, and ...

06 June 2024

Following the release of the latest CIPS PMI construction data, which shows construction output rise at its fastest pace in two years, we have a comment from Beard Construction. Fraser Johns, financ...

06 June 2024

‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, had today launched a new Limited Edition, five-year fixed-rate product. Available w...

05 June 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has increased the maximum loan value across its core range of products from £1m to £1.25m. At the same time, the firm has increased the amo...

05 June 2024

Specialist lender Keystone Property Finance has migrated a second portfolio onto the Phoebus servicing platform. The book of nearly 2,000 accounts with a value of £296m was migrated over a weekend wi...

05 June 2024

Dudley Building Society has been awarded Great Place to Work certification for the first time. Great Place to Work is a global recognition programme aimed at creating a positive workplace culture. I...

05 June 2024

JMT Finance, the privately owned and funded commercial property lender, has completed an exit facility for a project converting an unused office building into a hotel. The client, Jamey Bowles, had p...

04 June 2024

Nearly half of landlords intend to buy property in the next 12 months, according to Landbay’s latest landlord survey. Forty four per cent said they would invest in property, a significant jump compare...

04 June 2024

April Mortgages has rolled out its mortgage range to all HLPartnership advisers, and at the same time launched into the house purchase market. Giving them access to the lender’s full suite of products...

04 June 2024

• Large commercial mortgage rates reduced by up to 0.25% • Follows Atom bank’s increase of max LTV on large commercial mortgages • Rest of range subject to cuts of up to 0.33% Atom bank, the UK’s fir...

04 June 2024

Mark Shelper has rejoined Pepper Money as a National Key Account Manager. Shelper had previously worked at Pepper Money as a Regional Development Manager between 2016 and 2021, before joining SortRe...

04 June 2024

Aspen Bridging’s five-star service has been highlighted by a developer who has completed five separate deals in less than 12 months at a total loan value of £2.1m. The returning serial developer, wh...

04 June 2024

Newcastle for Intermediaries has launched a new mortgage platform for its broker partners as part of an ongoing investment into technology that will offer an improved broker experience. Following th...

03 June 2024

The award-winning specialist lender & savings bank, OSB Group, is celebrating its volunteering achievements for Volunteers Week 2024. Each year, OSB Group strives to smash their community connected t...

03 June 2024

Mortgage Business Expo (MBE), the mortgage industry’s premier event for intermediaries, has unveiled the programme for this year’s MBE London event. The event, which takes place on 10th October at th...

03 June 2024

Dudley Building Society is delighted to announce the appointment of Simon Dodd as its new Head of Retail. Simon joined in April from Coventry Building Society, where he held the position of Head of B...