Press releases for July 2021

30 July 2021

Stephen Watts, Bridging & Development Finance Specialist at Brightstar Financial, says: “It’s encouraging to see that the average completion times for bridging have come down in the last quarter. A c...

29 July 2021

Richard Pike, Phoebus Software sales and marketing director, says “A dip in mortgage approvals in June could be the first sign that the market is settling back to some sort of normality after the fren...

29 July 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “The housing market continues to show us how buoyant it is. Even with the slight dip in activity, it’s still a great t...

29 July 2021

Commenting on the latest Bank of England Money and Credit report, Jonathan Sealey, CEO at specialist finance provider Hope Capital, said: “The stamp duty holiday has undoubtedly been an effective driv...

29 July 2021

Allica Bank loan enables £900k site purchase for My Car Import A six-figure commercial mortgage from Allica Bank has supported the UK’s leading vehicle importing company in acquiring a new £900,000...

29 July 2021

Pepper Money has launched Pepper Premier, a new club that has been formed by the lender to develop stronger and more collaborative working relationships with some of its key specialist distribution pa...

29 July 2021

Hope Capital has today unveiled it has enhanced its Discounted Rate Loan product with rates now starting from just 0.39% per month, the lowest ever bridging loan rate launched by the lender. The firm...

29 July 2021

The Association of Short Term Lenders (ASTL) is delighted to announce the date for its 2021 Annual Conference. Our Annual Conference will take place on Thursday 18th November and, following the out...

29 July 2021

The Right DA Club have reduced the price of their Gabriel/RegData report service, as well as including further discounts on multiple purchases. The Right DA Club has announced a restructuring of the ...

29 July 2021

Whistlebrook Ltd, a leading provider of back office systems to the financial services sector, is providing Dudley Building Society with next generation accounting software to meet the needs of a growi...

28 July 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (28th July 2021) added Hampshire Trust Bank (HTB) to its lender panel. From today, Paradigm member firms will have access to H...

28 July 2021

Suros Capital, the luxury asset short term lender, has reported that the number of intermediaries now registered has doubled to 2000 since March. The lender which has a current immediate pipeline of i...

28 July 2021

- Saffron for Intermediaries has today launched two new first-time buyer products – a 2-year and 5-year fixed rate. - In addition, two new 90% LTV products replace previous with new reduced rates. S...

28 July 2021

Smart Money People, the leading financial services customer review and insight website, and Life Moments, a profit and purpose fintech, have teamed up to offer Smart Money People’s insight clients exc...

28 July 2021

Mansfield Building Society has opened up its award-winning Shared Ownership mortgage offer to all mortgage intermediaries across England and Wales. The Mansfield’s proposition, which was previously o...

28 July 2021

- Saffron for Intermediaries has today launched two, 2-year fixed rate 85% LTV products in the Self Employed and Contractor range. - The society maintains its commitment to the self-employed who may ...

28 July 2021

Alternative Bridging Corporation has cut the rate on its bridging loans up to 70% LTV to just 0.60%. This rate cut is the latest proposition enhancement from Alternative Bridging, which recently lau...

27 July 2021

Record-breaking H1 sees bridging specialist lending c£100m a month West One Loans, one of the UK’s largest non-bank lenders, has published its short-term lending results for the first half of 2021 - ...

27 July 2021

Hope Capital, with the help of other parties, recently worked collaboratively to secure a £2.25m bridging loan for a client who owned a residential terraced property in Camden, London and needed acces...

27 July 2021

National short term lender, Black & White Bridging, has announced the appointment of Lyn McLaren as Head of Underwriting. Lyn joins from Rockstead Ltd, where she specialised in advising on short term...

27 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender has become a patron of the National Association of Commercial Finance Brokers (NACFB). This announcement comes in the wake of a raft ...

27 July 2021

Allica Bank has added the UK’s most comprehensive valuation panel management service, VAS Panel onto its valuation database for commercial property finance loans. In-line with the agreement, the serv...

26 July 2021

Fleet Mortgages, the buy-to-let specialist lender, has today (26th July 2021) announced the acquisition of the business by Starling Bank in a £50 million cash and share deal. This is the first acquis...

26 July 2021

Your website is often the first contact a potential client has with your business, and as such it is vital that it gives the right impression. You may have engaged a great web developer, who has desig...

26 July 2021

Proportunity, the equity loan provider helping people to raise a large enough deposit, is the latest lender to join The MCI mortgage club. MCI continues to grow its lender panel and offering an increa...

26 July 2021

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced that it is set to double the number of AssocRICS assessment qualification windo...

26 July 2021

Pepper Money has increased the maximum LTV on its Pepper 60 Buy to Let offerings. The specialist lender has optimised its offering, expanding its 85% Residential LTV, which is now available to cust...

23 July 2021

Specialist mortgage lender, Pepper Money, has closed its largest securitisation to date. The £425m securitisation, which is the third and largest deal issued by Pepper Money under the Polaris banner...

23 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has cut rates across its 75% LTV product range by up to 15bps. Five-year fixed rates now start from 3.10% at 75% LTV on individual a...

22 July 2021

Impact Specialist Finance and Together teamed up in late June to deliver a customer’s auction funding within seven days to beat the June stamp duty deadline. The client, who’d bought at auction, was ...

22 July 2021

iPipeline’s leading underwriting technology goes beyond current industry standard by enabling multiple insurer underwriting philosophies in a single platform. iPipeline® – a leading provider of low c...

22 July 2021

Research by Smart Money People, the leading financial services customer review and insight website, has found that brokers consider complex Buy to Let lenders to be the most flexible with mortgage app...

22 July 2021

The F4B Network has moved to bolster its general insurance (GI) offering with the addition of leading GI provider Paymentshield to its panel. This addition will provide F4B Network members with acces...

22 July 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (22 July 2021) launched a set of ‘No-fee’ 75% LTV two-year fixed rate Limited Edition buy-to-let products exclusively for port...

22 July 2021

Vernon Building Society has launched a highly competitive five-year fixed rate mortgage up to 95% LTV, with no arrangement fee. The 3.49% five-year fixed is available on purchases only, through inter...

21 July 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “Our brokers have been working flat out for the past year, and it appears we have hit the peak in transactions. June ...

21 July 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (21st July 2021) announced a new partnership with digital mortgage lender, Molo Finance. Paradigm member firms will have acces...

21 July 2021

Richard Pike, Phoebus Software sales and marketing director, says “The figures from HMRC confirm, if confirmation was needed, that June was a bumper month for the property market. There was a veritabl...

21 July 2021

Adam Forshaw, MD at ONP says: “The figures out today provide the hard stats to confirm what all of us working through the last six months were well aware of – it has been a period of intense pressure ...

20 July 2021

Air Group, the leading later life services platform, has today (XX July 2021) announced a new promotion with four specialist later life solicitor firms for those advisers submitting business through A...

20 July 2021

New sector specialists will target SMEs including architects, law firms, pharmacies and dentists Recognise Bank has signalled its intention to provide the best lending support to the UK’s small and m...

20 July 2021

Bristol, 20 July 2021 – Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates across the majority of its products. Zephyr’s new rates for its five-year, f...

20 July 2021

Bridging and marketplace lender, Fiduciam, has completed a complex bridge loan in Northern Ireland in just six weeks. The loan was for a five-storey office building in central Belfast known as The Ke...

20 July 2021

After much deliberation Mortgage Business Expo (MBE) Leeds went ahead on 8th July at the Royal Armouries. After months of very little face-to-face business, exhibitors and visitors were keen to get ba...

20 July 2021

July 20th, 2021. Harpenden Building Society is offering a revamped version of its self-build mortgage product with the following, improved rates and key features: 3.69% - for loans £75,000 - £999,9...

20 July 2021

Pepper Money has launched a range of cashback products that have been designed for customers who want to secure a better rate or perhaps consolidate debt. The cashback products are available for rem...

19 July 2021

July 19th, 2021. Harpenden Building Society has launched revamped versions of its holiday let and 2nd home mortgages with the following, improved rates and higher LTVs: 2.99% - 2 year discount - ER...

19 July 2021

Aspen Bridging has cut rates across the majority of its product portfolio by 0.1%, while doubling its maximum loan size to £10m. Prime Flat Rates start at 0.64% for Residential, 0.69% for Light Deve...

19 July 2021

Roma Finance, the lender less ordinary, has launched new bridging and development ranges with improved rates and enhanced criteria. The RomaPrime range is the new bridging finance range with rates f...

19 July 2021

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by Y3S to work alongside its second charge quotation and application system...

19 July 2021

Landbay has reduced the rates on its core product range by up to 0.24%, making its range of buy-to-let mortgages even more competitive. In addition, Landbay has launched new products which include: ...

16 July 2021

BBC News Story: Mortgages refused for self-employed who took Covid grants https://www.bbc.co.uk/news/business-57843756 After reading this article, whilst it is factually true, it does not provide a b...

16 July 2021

Fleet Mortgages, the buy-to-let specialist lender, has today (16th July 2021) launched the sixth iteration of its Buy-to-Let Rental Barometer covering Q2 2021 rental yields across England and Wales. ...

16 July 2021

Neil Sherreard, deputy chairman at Beard said: “The job market in construction is definitely opening up, as it is across the whole UK economy, and there is a movement of people around the industry. “...

16 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has further expanded its distribution with the addition of Mortgage Advice Bureau (MAB). Mortgage Advice Bureau is one the UK’s lea...

15 July 2021

Agreements have signed for Foundation Home Loans to be acquired by an affiliate of Apollo Global Management, Inc., Athene Holding Ltd. The transaction remains subject to regulatory approvals. Athene ...

15 July 2021

United Trust Bank (UTB) is continuing to develop its Asset Finance division with the appointment of Louise McIntosh in the newly created role of Head of Operations. Louise has worked in Asset Finance...

15 July 2021

Martin Cheek, MD at SmartSearch, says: “The retail banking sector has been particularly vulnerable during the pandemic due to the increase in financial crime and money laundering attempts to wash dirt...

15 July 2021

Alternative Bridging Corporation has launched a range of specialist Refurbishment Loans that allow further drawdowns and reduced rates on Practical Completion (PC) of the works. The range, which is...

15 July 2021

The Mortgage Broker Club is delighted to announce they will be partnering with Glenhawk across all digital channels. Glenhawk followed a strong 2020 which saw Glenhawk defy Covid-19 gloom to generate...

15 July 2021

VAS Panel has helped reduce Assetz Capital’s time-to-cash by an average of 15-days per application, ensuring customers’ end-to-end journeys are now among the most competitive in the industry. The le...

15 July 2021

Knowledge Bank has enhanced its industry leading criteria search system with the addition of a revolutionary product transfer feature. The latest development is an industry-first, and will allow broke...

15 July 2021

Richard Pike, Phoebus Software sales and marketing director, says “As interesting as this latest credit conditions survey is, the market is changing almost daily. What banks and building societies wer...

15 July 2021

Alternative Bridging Corporation (ABC) has partnered with Fintech specialists Nivo to offer a quick, intuitive app based solution to make their application process quicker and easier for customers and...

14 July 2021

Development Finance Competition Hots Up Development finance options grow as lender market grows by more than 50% in five years Proper finance could see SME developers TRIPLE the number of new home...

14 July 2021

United Trust Bank (UTB) is funding a development of 22 new homes in a stunning sea-front location in Bridlington, Yorkshire. The new £10.29m development will be completed by Ashcourt (Bridlington) L...

14 July 2021

Hope Capital has today announced it is launching a brand-new offering, providing brokers and borrowers with roaring deals to lift their spirits and soften the blow following England’s defeat on Sunday...

14 July 2021

MCI Mortgage Club has added bridging lender Glenhawk to its panel giving its members even more choice for clients seeking short-term property finance. Glenhawk lends on residential, commercial and se...

14 July 2021

Coventry is the medium or large building society that is most recommended by brokers, according to research by broker forum, cherryplc.co.uk. 43% of the broker survey participants recommend Coventry...

14 July 2021

The F4B Network has announced the addition of Metro Bank to its lending panel. This panel addition will provide F4B Network members with access to Metro Bank’s extensive range of residential and buy-...

13 July 2021

Working together BuildLoan and Loughborough Building Society have created two competitive cost-based self-build mortgage products offering a choice of advance or arrears stage payments. All products ...

13 July 2021

Castle Trust Bank has strengthened its Sales team with the appointment of Matthew Lawrence as Regional Account Manager for Central London. Matthew has more than 13 years’ experience in financial serv...

13 July 2021

Strettons has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Strettons is a leading, independent firm of property advisors w...

13 July 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (13th July 2021) launched a new Limited Edition five-year, fixed-rate buy-to-let product specifically for portfolio landlords....

13 July 2021

- Bank hires three new Business Development Managers in the region - The regional hub will support local SMEs with their lending needs Recognise Bank is reinforcing its presence in the North West wit...

13 July 2021

Air Group, the leading later life services platform, has today (13th July 2021) launched a new product relationship with free2, the over-55s credit broker. Adviser members of Air Group, who have thei...

12 July 2021

July 12th, 2021. As the FCA sends out its invoices to regulated firms requesting payment of annual fees, Premium Credit is offering these businesses a finance facility to spread the cost over convenie...

12 July 2021

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (12th July 2021) urged the Government to move ‘further and faster’ in terms of delivering the leaseho...

12 July 2021

Brunel Mortgages has selected One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, as its preferred tech provider. Brunel Mortgages has opted ...

12 July 2021

Landbay has launched two new buy-to-let mortgage products for first-time landlords who want to invest in houses in multiple occupation (HMO). Most lenders require HMO borrowers to have some experienc...

12 July 2021

Leading UK RegTech specialist SmartSearch has warned the UK could be left behind in the fight against money laundering and financial fraud, if it fails to coordinate with the new agency being formed b...

09 July 2021

The MBT Affordability Index has revealed that over the last 6 months, fewer lenders have been able to provide the loan size requested by borrowers, despite lenders increasing the average available max...

09 July 2021

Fleet Mortgages, the buy-to-let specialist lender, has today (9th July 2021) announced a series of rate cuts and new 80% LTV product options with two- and five-year deals for both standard and limited...

08 July 2021

Hope Capital has achieved a number of company records, owing to an extremely successful quarter in business. The specialist short-term lender has today announced that from March 2021, Hope Capital ha...

08 July 2021

NATIONAL SURVEY FROM MONEYPENNY Two thirds of UK businesses expect call volumes to increase once more staff return to offices and the economy reopens, yet research by Moneypenny reveals that they’ve...

08 July 2021

Aspen Bridging lent £51.3m from April to June 2021, making it the best quarterly performance in the lender’s history. Deals ranged from a £4.5m development exit loan secured against a detached devel...

08 July 2021

Tenet Group, a leading financial adviser network supporting independent financial advice, has added West One Loans’ buy-to-let division to its lender panel. [8th July 2021]. West One Loans, a provide...

08 July 2021

Oxford-based construction firm Beard is set to start work on the third and final phase of a major refurbishment of an historic library, within the grounds of one of the UK’s most important architectur...

08 July 2021

Leading specialist broker Loans Warehouse has made a number of key promotions and further strengthened its board with the appointment of a new director of IT. Ahmad Tabesh joins existing board member...

08 July 2021

New research from criteria search specialist, Knowledge Bank shows brokers are, for the first time since the tracker started, searching for ‘time in current employment’ both for residential and second...

07 July 2021

Mortgages For Business has appointed Peter Barnes to head MfB for Intermediaries. In his new role, Barnes, who has been at Mortgages for Business for two years, will help relaunch and expand the spec...

07 July 2021

Vernon Building Society has launched a highly competitive 1.49% fee-free discounted rate remortgage, available up to 60% LTV. The mortgage will help switchers with a large amount of equity in their h...

06 July 2021

Stonebridge, the national mortgage and insurance network, has today (7th July 2021) announced the appointment of two new independent Non-Executive Directors (NED) to its Board. The new Board members ...

06 July 2021

Commenting on the news that homeowners are to get 15 years to sue for 'shoddy' workmanship, Jonathan Frankel, litigation partner at Cavendish Legal Group, said: “Extending the limitation period from s...

06 July 2021

Hope Capital has announced a further boost to its sales team with the appointments of David Burford to support brokers throughout the South West of England and South Wales and Debbie Range, who will c...

06 July 2021

Roma Finance is delighted to announce the appointment of Kirsty Botten as Business Development Manager in London and the South East. Kirsty joins the business from Finspace where she has been a brid...

06 July 2021

Brilliant Solutions has chosen Assurant Intermediary to join its partner panel for home and landlord insurance. The partnership will give members of the Brilliant Solutions Mortgage Club access to As...

06 July 2021

Mortgage Broker Tools (MBT) has launched a partnership with Dynamo to provide fast, reliable affordability research to its team of advisers. Advisers working for Dynamo will be able to use the MBT A...

06 July 2021

Online portfolio management platform Lendlord has launched an IOS app to provide its users with the full functionality of the online platform from their smartphone. The Lendlord app enables landlord...

06 July 2021

- Three new Business Development Managers join to focus on London and the Midlands - Part of the bank’s strategy to create a national support network for SMEs SME lender, Recognise Bank, has appointe...

06 July 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (6th July 2021) opened up its Green mortgage products to landlords purchasing property. Foundation has now launched three new...

06 July 2021

United Trust Bank (UTB) has begun offering up to 75% LTV on Commercial/Mixed lending supported by the Recovery Loan Scheme (RLS). Facilities of up to £10m are available via the Bank’s Structured Prop...

05 July 2021

Selina Finance has partnered with Pure Law to deliver completions on its innovative overdraft-style second charge lending facilities. The partnership with Pure Law will allow Selina to complete on lo...

05 July 2021

Ed Mardell joins ULS technology as Chief Technology Officer leading its continued investment in making buying, selling and owning a home better. Ed has worked in senior technology positions for nearl...

05 July 2021

One Mortgage System (OMS), the seamless single-input enquiry to completion mortgage processing platform for brokers, has been adopted as its preferred tech provider by independent mortgage and protect...

05 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has extended its distribution panel with the addition of SimplyBiz Mortgages. Established in 2004, SimplyBiz Mortgages has grown to ...

05 July 2021

A property development firm has used Aspen Bridging’s Light Development product to secure its latest investment and fund its conversation ahead of several bidders in a popular area of Greater London. ...

05 July 2021

United Trust Bank (UTB) has appointed James Masters to the newly created role of Chief Technology Officer. James has many years’ of experience working in technology in the financial services sector i...

02 July 2021

Vida Homeloans has hired Iain Gibbons as director of marketing as the specialist lender overhauls several senior posts. Veteran Gibbons will report to chief executive Anth Mooney when he joins in the...

02 July 2021

Leading multifaceted valuation market specialists, VAS Group* has promoted hugely experienced and respected finance expert Graham Moore to Managing Director for VAS Panel. Moore, who joined the busin...

02 July 2021

BuildLoan has worked closely with Nottingham Building Society to design two new self and custom build mortgage products that have no early repayment charges. Both products are two-year discounted rat...

01 July 2021

UK, July 01 2021: Momentum continues to build behind Lendex, the multi-lender application and submission gateway from mortgage technology expert Mortgage Brain, with TSB the latest lender to go live o...

01 July 2021

Black & White Bridging which has completed a case for a broker and his client in 8 days says that it is time for the industry to stop overselling the idea that bridging is all about speed. Introduced...

01 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has been appointed by Tenet to its lending panel. CHL’s product range caters for first-time landlords, portfolio landlords and limit...

01 July 2021

West One Loan’s development finance team has significantly enhanced its product offering with senior development facilities now available up to £15m - previously £10m. The product enhancement further...

01 July 2021

Swindon-based construction firm Beard has completed redevelopment work on the landmark Quadrangle building in Cheltenham, which includes the town’s first ever rooftop restaurant. The Quadrangle, whic...

01 July 2021

Insurtech firm, Uinsure, has unveiled Lauren Bagley as Chief Partnership and Marketing Officer in a role that will see her lead the marketing, sales and business development teams. In her time at U...

01 July 2021

Bridging lender, London Credit has launched an Extend or Convert Refurb product for property investors who want to increase value by adding space or changing the use of a property. The Extend or Con...