Press releases for July 2023

01 August 2023

Vida cuts rates by up to 40bps • All buy-to-let rates reduced alongside a number of residential rates • Second BTL Limited Edition launched, extending availability to HMO/MUBs Vida, the specialist l...

01 August 2023

Roma Finance, the ‘borrower first’ lender has now launched Flow Desk in response to demand for short term lending. Flow Desk is a fast paced, internal sales function, created with a brand new team of...

01 August 2023

Foundation Home Loans, the intermediary-only specialist lender, has today announced a refresh of its buy-to-let and owner-occupier ‘specials’ product range to incorporate rate reductions of up to 0.35...

01 August 2023

Hampshire Trust Bank (HTB) has announced the appointment of Nicola Ledgard as its head of portfolio management within its specialist mortgages division as part of its continued strategy of helping sup...

01 August 2023

We’re delighted to provide the latest Second Charge lending figures exclusive provided to Loans Warehouse, Secured Loan Index: Second charge lending climbed 14% in June to £144.5m, compared to May’s ...

31 July 2023

As the FCA’s Consumer Duty regulation comes into force today (31st July 2023), we have a comment from Consumer Duty specialists, MorganAsh. MorganAsh has developed the MorganAsh Resilience System (MA...

31 July 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “The figures from the Bank of England this morning tell two distinct stories. One that shows that no matter what the naysayers believe th...

28 July 2023

Open Property Data Association Appoints First Intermediary Exec Member Dale Jannels, CEO at One Mortgage System (OMS) Joins Executive Committee to Put Intermediaries at Forefront of Data-Driven Tra...

28 July 2023

At Buckinghamshire Building Society, we understand that managing your money can be tricky, even more so when difficult life events occur. These situations may heavily impact your financial situation o...

28 July 2023

InterBay, part of the OSB group, has launched Select Partners; a new partner proposition which offers exclusive access to its enhanced bridging range, improved criteria and expedited service. The bri...

28 July 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “With so many conflicting reports around the state of the housing market and mortgages in particular, we have to take encouragement from ...

27 July 2023

LiveMore, the lender for people aged 50-90+, has expanded its product offering to include equity release mortgages in order to offer customers the widest range of options possible. Like all mortgage ...

27 July 2023

MorganAsh has added a new triage service to its MARS vulnerability software, to help financial advisers identify when to obtain an annuity quotation for a client. Using health data already collected ...

27 July 2023

Foundation Home Loans, the intermediary-only specialist lender, has today announced rate reductions of up to 0.85% on its core owner-occupier product range and 0.60% on its core buy-to-let product ran...

27 July 2023

Having increased staff numbers by 100% in under three years, VAS Group has moved into a newly refurbished 6,000 square foot office in the heart of Middlesbrough. The business, which last moved in aut...

26 July 2023

The Loans Engine, a specialist finance broker, is thrilled to announce the addition of Tuscan Capital to its bridging lender panel. The addition means that TLE will have complete access to Tuscan Cap...

26 July 2023

The Right Mortgage & Protection Network has announced a full revamp of its Consumer Duty Hub for member firms, adding further resources and support ahead of the 31st July deadline for implementation o...

26 July 2023

Leading national brokerage Just Mortgages has revealed it received 52 applications from brokers to join its successful self-employed division in Q2. Applicants included existing self-employed broke...

26 July 2023

Almost two out of 10 buy-to-let landlords (18%) said they would not raise rents for their tenants if their own mortgage rate increases when they come to remortgage. Two out of 10 landlords (21%) were...

25 July 2023

Specialist lender Spring Finance (Spring) has announced that it has recently completed on a funding line with Aldermore Bank, which will be used to finance its bridging loans. Spring launched its spe...

25 July 2023

The latest criteria index from Knowledge Bank underpins the financial burdens that many are carrying in the UK. As the UK’s largest database of mortgage lending criteria, Knowledge Bank tracks the mo...

25 July 2023

MJ Group has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. The MJ Group provides independent valuations and property adviso...

25 July 2023

Pepper Money has made its biggest rate reduction so far this year, with rates reduced by up to 0.95%. These new rates will be available on their new range of Limited Edition Residential products. Th...

25 July 2023

The mortgage industry’s premier intermediary event, Mortgage Business Expo (MBE), has today (25th July 2023) announced that Rob Elder from the Bank of England and William Hobbs, Chief Investment Offic...

25 July 2023

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced the appointment of Jonathan Bourke as Director of Retrofit. Jonathan joins Cou...

24 July 2023

Castle Trust Bank has raised £9,500 for the Just4Children charity with its inaugural broker Golf Day. The charity event, which took place on Friday 14th July, was played at Guildford Golf Club and i...

24 July 2023

Specialist buy-to-let lender Landbay has had a major price restructure across its fixed rate product range with reductions from 0.30% to 0.70%. Product highlights • Like-for-Like remortgage standard...

24 July 2023

Alternative Bridging Corporation has recruited Claire O’Brien as Head of Underwriting for the lender. Claire, who has more than 30 years’ experience in specialist, retail and business banking, joins...

24 July 2023

OSB Group has promoted Charlotte Parker to Specialist Finance Account Manager (SFAM) for the south of England at commercial, semi-commercial and buy-to-let lender InterBay. Charlotte, has been with t...

24 July 2023

Aspen has completed a £7,150,000 heavy refurbishment bridge on an ultra-luxury property in the heart of Belgravia, with the cost of works making it currently one of the most high value private redevel...

24 July 2023

The Right Mortgage & Protection Network and DA Club have today (24th July 2023) announced details of its recent Private Medical Insurance (PMI) Summit which took place in Solihull earlier this month. ...

21 July 2023

Lendlord, the platform for property investors and landlords, has launched a suite of new and enhanced features to help property investors to grow their portfolios and maximise their returns. The new...

21 July 2023

Foundation Home Loans, the intermediary-only specialist lender, has today launched a brand new five-year, Limited Edition fixed-rate product as part of its buy-to-let range. Available from today for ...

21 July 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (21st July 2023) released the latest iteration of its Buy-to-Let Rental Barometer covering Q2 2023 rental yields across England and Wales.F...

21 July 2023

Just 24 hours since swap rates reduced, LiveMore has lowered rates across selected mortgage products by up to 55 basis points. Catering for borrowers aged 50-90+, LiveMore’s rate reductions are acros...

21 July 2023

Members of the training academies of Countrywide Surveying Services (CSS), suppliers of valuation panel management services, SDL Surveying, the national residential surveying and valuations firm, e.su...

20 July 2023

Hanley Economic Building Society has committed to providing its intermediary partners with a minimum of seven days to submit a full mortgage application (FMA) following any product withdrawal, providi...

20 July 2023

Hampshire Trust Bank (HTB) has announced the appointment of Andrea Glasgow to the position of Sales Director, Specialist Mortgages. In her new role, Andrea will be responsible for all aspects of the...

19 July 2023

LiveMore has launched a mortgage for borrowers aged 50 to 90+ who are concerned about the uncertainty of rising interest rates in the coming years. The 5+5-year fixed rate mortgage provides the certa...

19 July 2023

Specialist lender OSB Group has promoted Joe Baxter to customer-facing Business Development Manager (BDM), covering the South Coast to South Wales, including Southampton, Bristol, Bath and Cardiff. J...

19 July 2023

Following the release of the latest ONS consumer price inflation figures, here is a comment from MorganAsh. MorganAsh has developed the MorganAsh Resilience System (MARS) to help brokers, advisers an...

19 July 2023

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “Inflation is plodding downwards but it’s a painfully slow process reaching 7.9% in June. The main contributory fac...

19 July 2023

Adam Oldfield, chief revenue officer at Phoebus Software, says “This is the most encouraging news that efforts to curb inflation are starting to have a positive effect. Especially after so many months...

19 July 2023

MorganAsh has added a new triage service to its MARS vulnerability software, to help mortgage advisers to identify and assess the protection needs of their clients. The MorganAsh Resilience System, M...

18 July 2023

360 Dotnet, a leading provider of software for mortgage and insurance advisers, is pleased to announce milestones achieved by its platform, 360 Lifecycle, in the second quarter of 2023. With remarkabl...

18 July 2023

Specialist lender Spring Finance (Spring) has announced changes to its second charge product range. The enhancements include a lifetime tracker product, a 2-year fixed rate and a new BTL plan. The le...

18 July 2023

Roma Finance, the ‘borrower first’ lender has appointed Sonia Mann as head of field sales and to the senior leadership team. Sonia has been in the financial services market for 26 years with a focus ...

18 July 2023

Roma Finance, the ‘borrower first’ lender has appointed Sonia Mann as head of field sales and to the senior leadership team. Sonia has been in the financial services market for 26 years with a focus ...

18 July 2023

Just Wealth, the financial advisory arm of national brokerage Just Mortgages, is set to host a full-day of financial advice surgeries for Just Mortgages staff. Taking place at Just Mortgages’ head of...

18 July 2023

When looking ahead to expectations in 2024, a webinar poll undertaken by Countrywide Surveying Services (CSS) - one of the leading suppliers of valuation panel management services - found that almost ...

18 July 2023

ONP Group, one of the UK’s leading conveyancing firms, has strengthened its senior management team with the appointment of Sharon Beedham as Group Partnerships Manager. Sharon joins from Optima Legal...

17 July 2023

Sirius Property Finance has completed a complex £12.4m limited company Buy to Let mortgage to finance the development exit on a block of 68 flats that the client wanted to hold as a long-term investme...

17 July 2023

Hanley Economic Building Society has bolstered its residential and buy-to-let propositions through the introduction of a pair of five-year fixed rate products. The residential offering is a five-year...

17 July 2023

Clever Lending, the specialist finance packager and master broker, has secured a £307,000 regulated bridging loan to allow a client to downsize after suffering a hat-trick of setbacks. Despite decidi...

17 July 2023

Brokers have vented their frustration on the cherry broker forum about ‘shocking wait times’ to speak to lenders. According to research by cherry, the average time a broker has to wait on hold to sp...

17 July 2023

The majority of buy-to-let landlords (64%) are not planning to sell any of their properties in the next 12 months, latest data from the Landbay quarterly survey has revealed. The strongest sentiment ...

14 July 2023

Pepper Money has strengthened its Affordable Home Ownership proposition by becoming the first specialist lender to launch a dedicated proposition to support the First Homes scheme. The First Homes ...

13 July 2023

Hampshire Trust Bank (HTB) is to host a special development finance event for brokers on 27th September in Central London. The masterclass is designed to provide an introduction to development finan...

13 July 2023

13 July 2023: Acre, the all-in-one intermediary platform, has today reported a sharp increase in mortgage volume on the platform in the first six months of 2023 and helped its 10,000th family get the ...

13 July 2023

National brokerage Just Mortgages has expanded its self-employed division with the appointment of Stephen Swyny to the role of area director for the Midlands. In his role, Stephen will utilise more t...

13 July 2023

Landbay has launched a new limited edition range of 18 standard five-year fixed rate products with rates starting at 5.15%. The specialist buy-to-let lender has also added six new two-year and five-y...

13 July 2023

The flow of dirty money into emerging regulated firms is increasing, with more than a third (36 per cent) reporting a rise in the number of Suspicious Activity Reports (SARs) they have submitted over ...

13 July 2023

Fraser Johns, finance director at Beard Construction said: “A reduction in construction output, prompted by a decrease in new order volumes certainly demonstrates how unpredictable the first half of t...

12 July 2023

In light of the recent and ongoing interest rate volatility, the impact on mortgage product availability and consequent pressure on advisers, IMLA and AMI have teamed up to produce an online guide to ...

12 July 2023

• Saffron Building Society has commissioned an independent survey to better understand how the self-employed feel about the mortgage market • It follows Saffron’s recent changes to its self-employed ...

12 July 2023

Following the huge success of last year’s Charity Golf Day, which raised a staggering £10,500, Sirius Property Finance has again partnered with its chosen charity, SANE, to host this year’s charity ev...

12 July 2023

Adverse credit, business volumes and broker fees were the three most talked about topics in June on the cherryplc.co.uk Adviser Forum. The popular broker forum, which attracted more than 5,000 uniqu...

12 July 2023

Award winning specialist lender MT Finance has today launched its new buy-to-let product criteria on Knowledge Bank. MT Finance was launched in 2008 and has 15 years’ experience in the buy-to-let and...

12 July 2023

LiveMore, the mortgage lender for people aged 50-90+, has published a white paper entitled, “Consumer Duty: why later life lending is about to change forever”. Being hugely supportive of the new Cons...

11 July 2023

Some mortgage lenders have reduced the loan size they offer to customers by almost 20%, according to Mortgage Broker Tools (MBT). Data from the affordability-first broker research platform shows tha...

11 July 2023

Hope Capital is proud to announce it has raised over £6,000.00 for North West Cancer Research via various fundraising methods. In May, the lender joined forces with North West Cancer Research, with t...

10 July 2023

K Moneyman, a leading provider of holistic mortgage advisory services, is pleased to expand its offerings to include specialised equity release advice for customers who have installed spray foam insul...

10 July 2023

Quantum Mortgages Introduces QML Pro: A Specialized Mortgage Range Catering to Unique Property and Borrower Circumstances Quantum Mortgages, a progressive force in the specialist BTL market, is thril...

10 July 2023

Vida, the specialist lender, have introduced a new packager proposition designed with and for key partners. The Premier Packager Club offers a bespoke proposition including a new packager exclusive c...

10 July 2023

Alternative Bridging Corporation has strengthened its Sales team for the North of England and Scotland, with the recruitment of James McDonough. James has financial services experience dating back t...

10 July 2023

The Right DA Club has today (10th July 2023) announced the appointment of a new Head of Regulatory Support. Steven Howard joins with immediate effect having spent over 35 years working in the financi...

10 July 2023

Landbay has strengthened its like-for-like remortgage range with the addition of three new two-year tracker products. The new products are suitable for landlords remortgaging with no change to their ...

10 July 2023

Sirius Property Finance has launched an Asset Finance offering to complement its existing property debt advice service for SME and High Net Worth clients. Sirius Asset Finance has already completed ...

10 July 2023

Fleet Mortgages, the buy-to-let specialist lender, has today (10th July 2023) launched new five-year fixed-rate mortgages, available across its three core product ranges – standard, limited company an...

10 July 2023

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced a strategic partnership with CoreLogic UK on a surveying technology solution wh...

07 July 2023

Dudley Building Society has reported a year of growth across the business for 2022 – 2023. The Society was established in 1858, and specialises in expat, buy-to-let, holiday let, self-build and in an...

07 July 2023

JMT Finance, the privately owned and funded commercial property lender, has been awarded the title of Best Newcomer at the Empire Commercial Finance Summer Awards. The event took place at DoubleTree...

06 July 2023

Aspen’s Bridging’s Graduate Recruitment Scheme continues to excel with the lender appointing three new Graduate Underwriters and promoting a further three staff who joined through the market-leading p...

05 July 2023

Clever Lending, the specialist finance packager and master broker, has recently secured an 85% loan to value (LTV) bridging facility worth £133,387 for a client who wanted to purchase a property at au...

05 July 2023

MagiClick UK, the award-winning digital agency, has today announced its new partnership with specialist intermediary lender, Foundation Home Loans. The company has been selected to provide a variety ...

04 July 2023

Hampshire Trust Bank (HTB) has provided the funding for the refinancing of a semi-commercial retail asset in Central London in just 21 days. The deal, which completed in April, was introduced by Sir...

04 July 2023

• Vida have simplified their credit tiers across residential and buy-to-let • The previous five tiers are replaced with three tiers: Vida 36, Vida 24, and Vida 6 • A number of criteria enhancements al...

04 July 2023

• Saffron reaffirms its commitment to helping brokers and their clients with significant updates to its criteria • Changes are informed by broker feedback and aim to make mortgages more accessible in...

04 July 2023

Roma Finance, the ‘borrower first’ lender, is delighted to announce the appointment of Nathan Kenny to data & technology director. With an impressive career in data & technology spanning twenty years...

04 July 2023

More than four out of 10 buy-to-let landlords (41%) plan to buy more property in the next 12 months, the latest Landbay landlord survey has revealed. The main reason for considering buying by 35% of ...

04 July 2023

Paradigm, the mortgage, protection and compliance services proposition, has today (4th July 2023) launched the latest in its Consumer Duty video series, which provides information and guidance to all ...

04 July 2023

Pepper Money has launched a new section of its website to help brokers to market their business more effectively to new and existing customers. As part of its investment in supporting brokers to suc...

04 July 2023

CHL Mortgages has added a new 5% fee option to their Light Refurbishment product and repriced the 5-year fixed rate products across the product ranges. All 5-year fixed rate products come with an ERC...

03 July 2023

More than 150 local people found a place to stay warm earlier this year during the cold weather thanks to the work of a Tyneside charity and a four-figure grant from Newcastle Building Society. St M...

03 July 2023

On the one-year anniversary of the launch of its Fast Track process, Tuscan Capital, the short-term property finance specialist, has today announced a range of benefits the process has delivered durin...

03 July 2023

The Right Mortgage & Protection Network and DA Club have today (3rd July 2023) announced the appointment of a new Private Medical Insurance (PMI) Supervision & Development Manager. Bipin Sandhu start...

03 July 2023

Following the recent launch of it’s new Summer 2023 Rates & Product Card, Aspen Bridging has completed its first case at the reintroduced 80% LTV on its Development Exit & Refurb product. The £457k ...

03 July 2023

Building on the success of its highly acclaimed Young Learners Programme and last year’s inaugural Women into Finance event, the Brightstar Group will host an exciting event to specifically encourage ...

01 July 2023

• Saffron For Intermediaries has repriced selected residential products • Today will also see the relaunch of BTL, LTD Company BTL and Expat BTL fixes • All product changes are available to broker p...