Press releases for July 2020
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30 July 2020
Newcastle Intermediaries has re-launched its Joint Mortgage Sole Proprietor offer which enables family members to help close relatives own their own home. Joint Mortgage Sole Proprietor (JMSP) incre...
30 July 2020
Tom Jones to oversee the implementation of business strategies, plans and procedures to welcome larger customers in the coming years. London - 28/07/20 - Quotevine, the SaaS (software as a service) p...
30 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has today launched two new 80% LTV products in its core buy-to-let range for both individual borrowers and limited companies. The produ...
30 July 2020
The MCI Mortgage Club today launches its new compliance proposition for new and existing mortgage and protection members. MCI has partnered with the experienced Richdale Compliance Consultancy to prov...
29 July 2020
The Bank of England this morning published its monthly Money & Lending statistics for June 2020, showing an increase of 120% in the value lending against property compared to the previous month, with ...
29 July 2020
Highlights: Operating profit before impairment and provisions decreased by £1.2m to £7.3m (2019: £8.5m); Profit before tax was £2.2m (2019: £8.2m); Gross lending was £357m (2019: 380m); Net c...
29 July 2020
- Overall ESIS numbers increase 1.7% on previous week and are 1.5% ahead of pre pandemic levels - Purchase ESIS for both residential and BTL cases markedly above pre-pandemic levels - Third straight w...
29 July 2020
Fleet Mortgages, the buy-to-let specialist lender, has today (29th July 2020) announced a range of price cuts across its standard, limited company and HMO ranges, as well as introducing an increase to...
29 July 2020
United Trust Bank (UTB) is continuing to expand its Development Finance Division with the appointment of a new Director and a new Manager. Hardeep Thandi joins UTB from Aldermore as Director, Propert...
29 July 2020
HL Partnership, the mortgage and protection adviser network, has seen a jump from 19% to 30% in the number of online factfinds requested and completed by its members’ customers since the start of the ...
28 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has announced the completion of its latest securitisation, Twin Bridges 2020-1 PLC, the fifth deal under the Twin Bridges platform which...
28 July 2020
The growing Network Richdale has recently expanded its short-term lending offering by adding Greenfield Mortgages to its specialist panel. Greenfield Mortgages is an FCA regulated bridging lender and...
28 July 2020
Hope Capital is gearing up for a period of sustained growth, as it proceeds with the next phase of its ambitious expansion strategy. The specialist short-term lender has seen a huge spike in demand s...
28 July 2020
More than 250 advisers have signed up for anti-money-laundering (AML) and credit reports through the eKeeper CRM in the three months since the feature was launched. The feature enables brokers to acc...
27 July 2020
National residential surveying and valuations firm, SDL Surveying, has today (27th July 2020) announced it received and completed a record number of jobs for a single month in June, plus it has contin...
27 July 2020
FinTech company, Click2Check, has today (27th July 2020) announced the appointment of Michael Taylor as its new Director of Sales. Michael joins with immediate effect and will have responsibility for...
27 July 2020
Mansfield Building Society has reintroduced its holiday let mortgage product after a short break, re-entering the market with a 3 year discounted rate product to 70% LTV. The Society, which prides it...
27 July 2020
Landbay, one of the UK’s leading buy-to-let lenders, has launched a new funding partnership with a UK bank. This deposit-taking bank will fund mortgages originated by Landbay and hold them on their ba...
23 July 2020
- Mortgage Business Expo (MBE) London set to go ahead on 20th October - New venue for 2020 at the Business Design Centre with safety measures in place - Keynote presentation by the Bank of England W...
23 July 2020
Backlogs in issuing official ID documents such as passports and driving licences are driving a surge of interest in remote, document-free electronic ID verification, according to anti-money-laundering...
23 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has today responded to an increase in demand for shorter-term buy-to-let mortgage products by reducing pricing on two products for stand...
23 July 2020
- The total number of properties purchased through the Help to Buy scheme dropped 9% on the same quarter last year, falling to 9,515 in Q1 2020, down from 10,405 in Q1 20191 - The total value of prope...
23 July 2020
Uinsure, the multi-award-winning InsurTech disruptor, has extended its exclusive industry-shaping partnership with mortgage technology specialist Twenty7Tec. Users of Twenty7Tec’s CloudTwenty7 platfo...
22 July 2020
United Trust Bank (UTB) have made it their mission to help get the mortgage industry back open for business by launching its #BrokerSummerSupportPackage campaign. Over the coming weeks the Bank will ...
22 July 2020
Fiduciam, the institutionally funded short-term lender, has been approved for accreditation by the British Business Bank as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS). C...
22 July 2020
Marsden Building Society has named Uinsure as their sole Home Insurance supplier as the provider continues its growth in the Building Society mutual sector. Uinsure offers a panel of leading UK insure...
22 July 2020
- ESIS numbers rise 3% week-on-week to reach those seen before Covid-19 - Purchase ESIS markedly above pre-pandemic levels - Product numbers drop for second consecutive week UK, July 22 2020: Mortga...
21 July 2020
- Number of residential property transactions jumps 32% in the last month, rising to 63,250 in June, up from 48,030 in May1 - Number of non-residential property transactions rose 31% over the last mon...
21 July 2020
Buckinghamshire Building Society is proud to be a long-term supporter of retired borrowers, and offers a range of solutions designed to meet the growing needs of this expanding market. All our retirem...
21 July 2020
Landbay, one of the UK’s leading buy-to-let lenders, has today increased its maximum loan sizes from £1m to £1.5million on all standard properties, houses in multiple occupation (HMOs) and multi-unit ...
21 July 2020
Newcastle United Foundation are delighted to announce a six-year partnership with Newcastle Building Society. The North East’s biggest building society will become the Foundation’s Regional Communi...
21 July 2020
Bristol, 21 July 2020 – Zephyr Homeloans, the specialist buy-to-let (BTL) lender, has joined the mortgage panel at Openwork, one of the UK’s largest and longest established financial advice and invest...
20 July 2020
First 4 Bridging (F4B) has moved to further strengthen its specialist lending panel with the addition of Hope Capital. This partnership will see F4B’s intermediary partners and introducers benefit fr...
20 July 2020
PropertyPal Mortgages, the mortgage arm of Northern Ireland’s leading property portal, has teamed up with eKeeper to launch its own mortgage pre-approval software which will significantly speed up the...
20 July 2020
Dudley Building Society has announced the appointment of Peter Hubbard, the current chair of Co-op Insurance. He replaces David Milner, who has retired after twelve years on the Board, the last four a...
17 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has today announced the appointment of Sarah Wade as its new Product Marketing Specialist. Sarah will report to Director of Marketing, ...
17 July 2020
Property investors must expand their portfolios sooner, rather later, according to Mortgages for Business. Landlords are set to benefit from tax savings announced in the chancellor’s summer statement...
16 July 2020
Dudley Building Society is urging brokers with Dudley mortgage customers, who might be having payment difficulties, to contact them so that the full range of possible options can be discussed. Speaki...
15 July 2020
Committee members including Optimum Credit and United Trust Bank have already implemented the new system Nivo has launched a new B2B digital messenger service as a direct result of feedback from its ...
15 July 2020
Air Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today (15th July 2020) announced a strengthening of its relationship with later life/retirement prod...
15 July 2020
- ESIS numbers now only 3.2% below those seen before Covid-19. - Purchase ESIS markedly up on pre-pandemic levels - Product numbers down marginally on last week UK, July 15 2020: Mortgage technology...
14 July 2020
Leading UK anti-money-laundering (AML) firm SmartSearch is today launching operations in the USA. Expansion into the US market follows a period of sustained growth that has seen the firm frequently n...
14 July 2020
Connect for Intermediaries, the specialist network, packager and referral partner, has appointed two new relationship managers, to support its ever-increasing network of Appointed Representatives, and...
14 July 2020
Hope Capital has completed its first ever loan based on an automated valuation model (AVM), which it introduced just a few weeks ago. The property – a residential property located in Kent – was purch...
14 July 2020
June mortgage activity back to normal levels as remortgages continue to dominate – MCI Club New data from the MCI Club show that pre-mortgage activity in June has returned to the same levels as 2019....
14 July 2020
Comments from Stuart Wilson, CEO at Air Group, on the H1 Key Market Monitor. The comment is embargoed until 00:01 Tuesday 14th July when the Market Monitor also goes live. “No sector was going to be ...
13 July 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Welsh Government to open up the housing market at a quicker pace and to match the recent ch...
13 July 2020
The latest figures from Knowledge Bank’s mortgage criteria activity tracker show brokers’ searches up by more than two-thirds (68%) as the market responds to Covid-19 and adjusts to the ‘new normal’. ...
13 July 2020
Newcastle Intermediaries has reduced rates on several 80% LTV products in its residential mortgage range, including two fee-assisted products. The lender has cut rates from 2.65% to 2.25% (5.1% APRC)...
09 July 2020
Stonebridge, the mortgage and insurance network, has today (9th July 2020) announced it has completed a further selection of updates and developments to its wholly-owned trading platform, Revolution. ...
09 July 2020
53% of property and commercial finance brokers responding to United Trust Bank’s most recent Broker Sentiment Survey have reported that they are open for business with 100% of their pre-Covid-19 capac...
08 July 2020
Below is a comment on the implications for landlords of today’s stamp duty announcement from Jeff Knight, Head of Marketing at specialist lender, Foundation Home Loans: “For a landlord community tha...
08 July 2020
Dudley Building Society’s Chief Executive, Jeremy Wood, believes that today’s announcement of a cut in stamp duty can only have a positive impact on the housing market. He said, “While there has been...
08 July 2020
In response to the Chancellor’s earlier announcement on temporarily increasing the stamp duty threshold to half a million pounds until 31 March 2021, Newcastle Building Society Customer Director, Stua...
08 July 2020
“The stamp duty holiday has been well trailed and there’s absolutely no doubting that it will provide many house purchasers with a potentially significant saving – for example, if you were not a first...
08 July 2020
- Product numbers grow 1.1% week-on-week to new post-lockdown high - ESIS volumes up 5% compared to last week and within 11% of typical pre-pandemic levels for fifth straight week - Proportion of ESIS...
08 July 2020
Knowledge Bank, the UK’s largest criteria search system, has this week launched the ‘Criteria Clinic’ for registered brokers. To be held on Mondays over the next six weeks, the Criteria Clinics will ...
07 July 2020
Impact Specialist Finance, the specialist mortgage broker and distributor, and United Trust Bank (UTB) have completed on a £450,000 regulated bridging loan for later life borrowers looking to downsize...
07 July 2020
Hanley Economic Building Society has reported a 35% increase in self-build advances over an 18-month period running from the beginning of January 2019 to the end of June 2020. The extension of Hanley...
07 July 2020
Buckinghamshire Building Society is pleased to announce that is has expanded its Family Assist product range to include discount and fixed rates. It will also allow a Desk Top AVM on the parents’ prop...
07 July 2020
The MCI mortgage club has appointed Zephyr Homeloans to its growing panel of specialist lenders for buy-to-let products. Zephyr supports a product range tailored for individual landlords and limited ...
06 July 2020
Roma Finance is delighted to announce the appointment of Nick Jones to its board as Commercial Director. This is a pivotal moment for Roma Finance and represents the final piece in the jigsaw of its E...
06 July 2020
Newcastle Intermediaries has launched a new range of competitive buy-to-let products, offering a choice of fee-assisted deals at 75% LTV. The new fee-assisted products offer a free standard valuation...
03 July 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today provided member firms and affiliates with guidance on how to proceed with housing transactions within...
02 July 2020
Hope Capital has recorded a stronger June performance than for the same month last year, fuelling growing optimism that the market is bouncing back strongly from the coronavirus-inspired freeze. Alth...
02 July 2020
FIBA, the specialist finance trade body, has announced the latest series of interviews with their lender partners on FIBA TV recorded during the lockdown. The first of the new series can be found excl...
02 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has returned its buy-to-let product range to its pre-lockdown structure with the reintroduction of large loan, early remortgage and shor...
01 July 2020
Proportion of residential purchase ESIS now 8.5% higher than pre-pandemic Overall ESIS volumes within 11% of those seen before Covid-19 for fourth straight week Product numbers increase again to new h...
01 July 2020
Fleet Mortgages, the buy-to-let specialist lender, has today (1 July 2020) launched the second iteration of its Buy-to-Let Rental Barometer covering Q2 rental yields across England. The regional snap...
01 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has today announced a number of key criteria changes to its specialist residential range. Following feedback from adviser, distributor ...
01 July 2020
Roma Finance, the bridging, buy-to-let and development finance lender, has launched new bridging products at 70% Loan to Value. There are also a number of enhancements to the range. There is a new st...
01 July 2020
Shaun Church, Director at mortgage broker Private Finance said: “These latest figures show London continues to remain the UK’s property hotspot2. “The rise in the total value of mortgages in London...
