Press releases for August 2024
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
30 August 2024
Following today's Bank of England's money and credit statistics here, showing net mortgage approvals for house purchases increased to 62,000 in July, the highest since September 2022 (65,100), and up ...
29 August 2024
Precise, part of OSB Group, has relaunched their limited edition residential range as well as cutting rates across its entire range up to 105bps. The reintroduction of the limited edition residential...
29 August 2024
Richard Pike, chief sales and marketing officer at Phoebus, said: “While today’s figures for Q2 2024 initially look a bit disappointing, with new loans down by 8.34% year on year and new lifetime mort...
29 August 2024
Castle Trust Bank has strengthened its Marketing team with the recruitment of Anish Vyas as a Senior Marketing Executive. Anish will bring extra capacity to Castle Trust Bank’s Marketing team, using...
29 August 2024
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “The latest figures have shown a 17.5% downturn compared to the same quarter in 2023 and continues the downward tre...
28 August 2024
Paradigm, the mortgage, protection and compliance services proposition, has today (28th August 2024) announced the addition of long-term, fixed-rate mortgage lender, Perenna, to its lender panel. Fro...
28 August 2024
Marsden Building Society has re-entered the Expat Furnished Holiday Let (FHL) market, offering more opportunities for UK and foreign nationals to invest in the UK’s tourist industry. As a specialis...
28 August 2024
Pepper Money has increased the maximum age it will accept earned income to and the maximum age at end of term on its second charge mortgages. Borrowers can schedule their repayments over terms which...
28 August 2024
Kent based specialist finance broker, 21Finance, has successfully placed and completed a £270,000 auction bridging loan having received the enquiry just a week before the client was going to lose thei...
27 August 2024
A specialist business bank’s commitment to providing outstanding support to its customer has been boosted with an internal promotion. Jamie Allen, who joined Redwood Bank in 2021, is now a customer m...
27 August 2024
Award-winning specialist lender, OSB Group, recently celebrated the opening of a new office building in Wolverhampton which will accommodate 364 colleagues and incorporates a host of energy efficiency...
27 August 2024
Leading Insurtech, Uinsure, has enhanced its home insurance panel by adding Integra Insurance Solutions. As specialists in the home Insurance market, Integra uses the latest in pricing technology and ...
23 August 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (23rd August 2024) announced a revamp of its product range for those purchasing or remortgaging houses of multiple occupation (HMOs). From...
22 August 2024
‘The ‘Residential’ brand of intermediary-only specialist lender, Foundation Home Loans, has today (22nd August 2024) announced a series of price cuts by up to 50 basis points (bps) to its core range, ...
22 August 2024
Buy-to-let lender Landbay has announced the launch of a new range of two-year and five-year products, available through an automated valuation model (AVM). The new AVM range includes two-year standar...
22 August 2024
Rosemount Financial Solutions (IFA), the independent mortgage, protection & financial planning network, has announced a new partnership with Six Mental Health Addiction (Six MHA). Six MHA is the brai...
22 August 2024
Derby-based SortRefer, market leaders in the conveyancing and legal services sector, have announced the launch of a new Flexible Remortgage product series. This new series expands on SortRefer’s exis...
21 August 2024
Hanley Economic Building Society has bolstered its residential mortgage range with the launch of a fee-free two-year 95% LTV fixed rate and a fee-free two-year 90% LTV variable discount mortgage. The...
21 August 2024
London, 21 August 2024 Tuscan Capital, the short-term property finance specialist, has announced the completion of a £892k medium refurbishment funding deal which will transform the historic Brookhou...
21 August 2024
Just Mortgages, one of the UK’s largest mortgage brokerages, has launched its new podcast series, "Coffee with Compliance." This initiative, born out of the success of their Facebook group aimed at en...
21 August 2024
Bridging loan books continued to grow to record levels in Q2 2024, reaching nearly £8.4bn, according to the latest data from the Bridging & Development Lenders Association (BDLA). The figures, compi...
21 August 2024
Nearly three in ten (29%) of UK adults1 - the equivalent of 14.8 million2 - report that previous blips in their credit history have hindered their ability to secure a mortgage, according to research b...
20 August 2024
Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign nationals. The Society’s enhanced p...
20 August 2024
Pepper Money has announced that it is supporting a new spin-off initiative, in conjunction with the Mortgage Marketing Forum. The new concept, simply called The Mortgage Marketing Mingle is aimed at ...
20 August 2024
Alternative Bridging Corporation has strengthened its Sales team, with the recruitment of Chris Roscoe as BDM for Northern Regions. Chris joins Alternative Bridging from A Shade Greener Finance whe...
19 August 2024
One Mortgage System (OMS), the technology-led single-input enquiry to completion processing platform for intermediaries, has announced the enhancement of its full integration with iPipeline's Solution...
19 August 2024
Countrywide Surveying Services (CSS), a leading provider of property risk management, valuations, and customer surveys in the UK, has announced the appointment of Morné Jacobs as New Build Director. ...
19 August 2024
Specialist lender Spring Finance (Spring) has announced the completion of a new funding line with Shawbrook Bank. This facility will primarily be used to support Spring’s development finance product r...
19 August 2024
The Conveyancing Association (CA), the leading trade body for the conveyancing industry in the UK, has today (19th August 2024) announced WNS, a leading provider of global digital-led Business Process...
16 August 2024
The Bridging & Development Lenders Association (BDLA) has announced initial details for its 2024 Annual Conference, which will take place in London on 7th November at RSA House. The association, for...
16 August 2024
‘The ‘Buy to Let’ brand of specialist lender, Foundation Home Loans, has today (16th August 2024) announced the appointment of an additional Regional Account Manager in the South region. Peter Olasoj...
15 August 2024
Inspired Lending has provided a 6-month bridging loan facility of £1.3m secured against multiple properties at a LTV of 68%. The loan facilitated a complex refinancing and restructuring of the borrowe...
15 August 2024
Mansfield Building Society has appointed Claire Flanagan as its new Business Development Manager for the South of England. With a background in financial services, Claire has worked in Business Devel...
15 August 2024
Buy-to-let landlords continue to favour the stability of a fixed-rate mortgage, with the majority set to choose a five-year fixed rate when they come to remortgage, new survey data from Landbay can re...
15 August 2024
April Mortgages has rolled out its innovative range of longer-term fixed rate mortgages to all brokers at SPF Private Clients. SPF Private Clients is one of the best-known brokerages in the sector, ...
15 August 2024
UK, 15 August 2024: Mortgage Brain, the leading provider of mortgage technology solutions, can now confirm its complete list of industry speakers and panellists for its biggest ever Mortgage Vision ro...
15 August 2024
Just Mortgages, one of the UK’s largest mortgage brokerages, has revealed it received no less than 50 applications to join its thriving self-employed division in Q2. This latest cohort is largely mad...
14 August 2024
Alex Upton, Managing Director of Specialist Mortgages, Hampshire Trust Bank: “The latest ONS figures highlight the positive momentum in the housing market, marking the fourth consecutive rise in hous...
14 August 2024
David Castling, head of intermediary distribution at Atom bank, comments: “The property market appears to be in a good place. The ONS has reported that prices are continuing to rise, with improving a...
14 August 2024
‘Buy to Let by Foundation’, the core buy-to-let brand of specialist lender, Foundation Home Loans, has today (14th August 2024) announced a full product range reprice including rate reductions by up t...
14 August 2024
Aspen Bridging has completed a complex multi-tranche delayed Commercial loan, with a total value of £1,725,000, which covers three commercial properties in close proximity on the main high street in I...
14 August 2024
The Income Protection Task Force (IPTF) and the Mortgage Industry Mental Health Charter (MIMHC) are excited to announce a significant collaboration to enhance support for mortgage and protection advis...
14 August 2024
Global Finance Partners (GFP) have completed a £2.1m regulated bridging loan to enable a high net worth private client to purchase their new main residence. Serkan Osman, Director at GFP, assisted th...
14 August 2024
Research commissioned by United Trust Bank (UTB) has found that UK charities could boost their incomes by over £377m1 a year just by earning an extra 0.5% interest on their £75.57 billion2 of cash res...
14 August 2024
• Digital bank has increased maximum LTIs for employed applicants with an annual income of £75,000 or more • Maximum LTV available on flats, new-build flats and new-build houses in London and the Sou...
14 August 2024
In light of this morning's 0.2% rise in July CPI inflation from the Office of National Statistics, please find below comment from Rich Pike of Phoebus. Richard Pike, chief of sales and marketing at P...
14 August 2024
OMS, the technology-led single-input enquiry to completion processing platform for intermediaries, has announced a record month for both applications and completions submitted via its CRM system. ...
14 August 2024
HSBC UK has joined forces with the Open Property Data Association (OPDA) to help improve the homebuying process through the sharing of digital property information across the mortgage market. HSBC UK...
14 August 2024
London & Colonial Assurance PCC Plc (“LCA”), a life insurance provider based in Gibraltar, has adopted the MorganAsh Resilience System (MARS) to support its efforts to identify and support vulnerable ...
13 August 2024
Precise, part of OSB Group, has launched a mobile app for brokers, the “first of its kind” within the specialist lending market. The app, which follows on from the recent Precise rebrand, provides reg...
13 August 2024
LHV Bank has completed a £3.6 million commercial investment loan to help the client refinance an existing loan facility on a large office building in Ashford, Kent. The refinance was required urgentl...
13 August 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has made extensive rate reductions across its range of products by up to 1.06%. The greatest rate cuts apply to longer term fixes, while Ju...
13 August 2024
Phoebus has secured a five-year mortgage servicing contract with second charge lender Selina Finance. Selina Finance chose Phoebus for its best-of-breed digital capability, advanced technology and pr...
12 August 2024
Email: info@greenfieldbridging.com | Phone: 0800 779 7097 | Phone: 0121 233 1188 FCA-regulated bridging lender At Greenfie...
12 August 2024
Norton Finance Norton Group has announced the appointment of Daniel Jones as Bridging & Commercial Sales Manager. Daniel joins Norton Group with over 14 years of expertise in lending. His previous...
12 August 2024
Average rental yields have reached a 10-year high of 6.3% while robust tenant demand - which 82% of landlords describe as strong - is presenting significant opportunities for mortgage advisers to assi...
09 August 2024
Precise, part of OSB Group, has reduced rates across their entire residential range including their popular 5-year fixed product which has been reduced by 60 bps. The range has also been completely re...
09 August 2024
Foundation Home Loans, the intermediary-only specialist lender, has today (Friday 9 August) reduced rates across its ‘Buy to Let by Foundation’ and ‘Residential by Foundation’ fixed rate ‘specials’ pr...
09 August 2024
Castle Trust Bank has recently completed on a £1.3m refinance loan on a large MUFB in London within 9 hours of issuing the offer. A rapid turnaround was required on the case, and the quick turnaround ...
09 August 2024
Countrywide Surveying Services (CSS), one of the leading suppliers of property risk management, valuations and customer surveys in the UK, has announced the appointment of Matthew Ison and Andrew Pete...
08 August 2024
• Adviser confidence in outlook for the mortgage market, intermediary sector and own business all up in the first quarter of 2024, according to the latest findings from IMLA’s Mortgage Market Tracker ...
08 August 2024
Square 1 Media, the PR and marketing agency specialising in mortgages, specialist finance and the wider financial services sector, has today (8th August 2024) announced the appointment of Victoria Har...
08 August 2024
Comment from Mel Spencer of Target Group on the UK Finance mortgage arrears and possessions update statistics. "The rise in the number of possessions has continued an upward trajectory all year, with...
08 August 2024
Richard Pike, chief sales and marketing officer at Phoebus, said: “A 13% increase in possessions of buy-to-lets in the second quarter of 2024 might come as a blow to some. However, we can probably att...
08 August 2024
Following the release of the latest mortgage arrears and possessions data from UK Finance, we have a comment from Spicerhaart Corporate Sales. David Miller, divisional director at Spicerhaart Corpora...
08 August 2024
April Mortgages, the innovative longer-term lender, has reduced the interest rates on its range of 5-15 year fixed rate mortgages. April has cut rates as part of a simplification of its range, ensuri...
07 August 2024
Foundation Home Loans, the intermediary-only specialist lender, has today (07 August 2024) announced the recruitment of Matt Blake as Chief Treasury Officer to lead the Capital Markets and Treasury Op...
07 August 2024
Marsden Building Society has introduced three new fee-free Furnished Holiday Let (FHL) mortgages, featuring rates starting from 5.35%. These mortgages are targeted at both first-time and experience...
07 August 2024
Email: info@greenfieldbridging.com | Phone: 0800 779 7097 | Phone: 0121 233 1188 FCA-regulated bridging lender In an exclu...
07 August 2024
Access Financial Services (Access FS), the mortgage and protection brokerage, has continued its run of exceptional growth. Between April 2023 and April 2024, the firm increased turnover by 46%. With ...
07 August 2024
The UK’s leading whole of market equity release experts, Equity Release Group (ERG), today announced a trio of new hires that will join the Group’s equity release advisory business - Equity Release Su...
07 August 2024
InterBay, part of the leading specialist lender OSB Group, has made significant changes across its semi commercial and commercial product ranges; including new limited edition remortgage products, hea...
07 August 2024
finova Broker, formerly the eKeeper Group and part of finova, the UK’s largest cloud-based mortgage and savings provider, has announced its successful integration with Cashflows, the platform that mak...
07 August 2024
Buckinghamshire Building Society has reduced rates on its self-build range - available via BuildLoan by up to 0.25%, plus increased its self-build maximum loan to £1m. The rate changes are as follows...
07 August 2024
Hinckley & Rugby for Intermediaries has appointed David Jackson as National Account Manager. David started his role on 5th August and joins from Gen H, where he held the role as Business Development ...
06 August 2024
Prime 95% for First Time Buyers and Home Movers ...
06 August 2024
Broker Conveyancing, the broker-focused conveyancing distributor, has today (6th August 2024) announced two new products for adviser users, in partnership with The Moving Portal. Advisers will now be...
06 August 2024
Daniel Tame has become the sweet sixteenth university student to join Aspen Bridging’s lauded Graduate Recruitment Scheme (GRS). Daniel, from Nuneaton, has been appointed as a Graduate Underwriter ha...
06 August 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (6th August 2024) announced the launch of new two-year, fixed-rate, fixed-fee products for standard and limited company borrowers, while al...
06 August 2024
‘Buy to Let by Foundation’, the core buy-to-let brand of specialist lender, Foundation Home Loans, has today (6th August 2024) announced new Limited Edition products, a new fee-assisted remortgage pro...
06 August 2024
United Trust Bank (UTB) Mortgages for Intermediaries has announced rate reductions of as much as 40bps across its entire Buy-to-Let product range. These changes are live with immediate effect with ap...
05 August 2024
Buy-to-let lender Landbay has lowered rates once again, with reductions across its standard five-year fixed and small HMO/MUFB ranges. It follows last week’s reduction of up to 0.40% across its standa...
02 August 2024
Rosemount Financial Solutions (IFA), the independent mortgage, protection & financial planning network, has welcomed a host of new advisers during a successful first half of the year for recruitment. ...
02 August 2024
A webinar poll undertaken by Countrywide Surveying Services (CSS), one of the leading suppliers of property risk management, valuations and customer surveys in the UK, has revealed that over two-third...
02 August 2024
Mansfield Building Society has reduced the rates on its Credit Repair and Versatility mortgage ranges by up to 0.40%. The Society’s two-year fixed rate Versatility product up to 80% LTV has reduced ...
01 August 2024
Richard Pike, chief sales and marketing officer at Phoebus, said: “The 14 consecutive increases in the Bank’s base rate between December 2021 and August 2023 to its year-long fix at 5.25% have driven ...
01 August 2024
Karl Wilkinson, CEO at Access Financial Services, said: “This was a close call, with four out of the nine Monetary Policy Committee members voting to hold the Bank Rate at 5.25%. “The August Monetary...
01 August 2024
Fintel IQ has appointed Paul Chedzey to the newly created role of Chief Sales Officer. Chedzey, who has previously held senior sales and client management roles at Iress, Dynamic Planner, and Intelifl...
01 August 2024
Following the news that the Bank of England has voted to cut the base rate to 5%, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the largest mortgage brokers in th...
01 August 2024
Please find below, comment on the BoE base rate announcement from Matt Harrison, Director of Sales for finova Broker. "Today's decision by the Bank of England to reduce the base rate to 5% is a welco...
01 August 2024
Following the announcement that the Bank of England has cut the base rate to 5%, we have a comment from MorganAsh. MorganAsh provides the award-winning MorganAsh Resilience System (MARS) which enable...
01 August 2024
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: "The Bank of England’s decision to reduce base rate is positive news for businesses, particularly those with variable rate mortgages. Professi...
01 August 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...
01 August 2024
“After months of anticipation, the Bank of England’s base rate cut today, albeit small, is to be warmly welcomed. Hopefully, this news should give the market a much-needed shot in the arm as potential...
01 August 2024
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a market leading, technology led origination system. Optalitix Originate will provide Spring’s mortgage orig...
01 August 2024
Buy-to-let lender Landbay has announced further rate reductions across its standard fixed product range, along with the launch of brand-new products. The lender has reduced rates by as much as 0.40% ...
01 August 2024
Hampshire Trust Bank (HTB) has successfully completed a complex £2.1m development exit facility for a newly constructed block comprising six flats in Ealing, West London. The seasoned developer requi...
01 August 2024
A developer whose latest project has been held-up awaiting full building control sign-off has bought valuable time thanks to a £2.6m Development Exit loan from Aspen Bridging. The project, a block o...
