Press releases for September 2023
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
29 September 2023
Simon Webb, managing director of capital markets and finance at LiveMore, said: “It is good to see that both gross and net mortgage lending were up in August but the fall in approvals for house purcha...
29 September 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “With two sets of figures out this morning it’s interesting to see that the Bank of England’s figures show that both house purchase and r...
29 September 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (29th September 2023) cut rates on all five-year fixes across its three core ranges: standard, limited company and HMO/multi-unit block. T...
29 September 2023
OSB Group, the leading specialist lender, has welcomed Jonathan Couch as Head of Communities Impact and ESG Communications Specialist. Jonathan joins the Environmental, Social and Governance (ESG) tea...
28 September 2023
Pepper Money has reduced rates across its entire range, cutting the price of more than 400 products by a minimum of 0.20%. The largest reductions have been made on mortgages for customers with recen...
28 September 2023
Hampshire Trust Bank (HTB) has announced the appointment of Serena Grewal as business development manager (BDM) for the City of London within its Specialist Mortgages division. Serena joins HTB from...
28 September 2023
• Atom bank has further reduced rates on selected Prime and Near Prime products • Prime reductions up to 0.20% across 60-90% LTV • Near Prime reductions of up to 0.10% Atom bank has further reduced r...
27 September 2023
United Trust Bank (UTB) has made two new appointments in its Bridging Servicing team as it continues to increase its loan book and underline the Bank’s commitment to delivering a quality ‘in-life’ cus...
27 September 2023
MorganAsh, a leading provider of support services to the financial services sector, has strengthened its team with two senior appointments. Supporting its growth in the customer vulnerability and Con...
27 September 2023
Alliance combines best-in-class banking tech with best-in-class climate tech to deliver complete view on climate risks associated with the Atom bank mortgage book Atom bank has today announced a majo...
27 September 2023
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (27th September 2023) unveiled the fifth edition of its Conveyancing Technical Protocol. The Techn...
27 September 2023
pecialist buy-to-let lender CHL Mortgages has reduced fixed rates across all product ranges. Individual and Limited Company 5-year fixed products now start from 5.61%, whilst a newly introduced 2-year...
26 September 2023
Hampshire Trust Bank (HTB) has announced the appointment of Sarah Dix as Lending Director within its Development Finance division. She brings 25 years’ experience in the financial services sector to...
26 September 2023
Envelop, one of the UK’s leading packaging partners, has reported a substantial uplift in the amount of longer-term specialist business written over the past 12 months as it celebrates the first anniv...
26 September 2023
In a world that is constantly changing, the searches for mortgage criteria that brokers have been carrying out on behalf of their clients have remained remarkably constant. With Bank of England base ...
26 September 2023
Specialist buy-to-let lender Landbay has confirmed further reductions across its range of two and five-year fixed rate products. Landbay has announced reductions of 0.20% on its two-year and five-yea...
26 September 2023
Smart Money People, the UK’s dedicated financial services review site, has opened its doors for intermediary feedback to be compiled for its H2 2023 Mortgage Lender Benchmark. The bi-annual independ...
25 September 2023
Mortgage Broker Tools (MBT) has integrated credit status into its affordability-first research platform. This new launch means MBT is the first technology provider to truly integrate affordability, ...
25 September 2023
Precise Mortgages, part of leading specialist lender OSB Group, has simplified the minimum ICR for personal ownership applications and improved how they assess buy to let affordability on short-term f...
25 September 2023
United Trust Bank (UTB) Mortgages for Intermediaries has thrown a lifeline to landlords and Buy-to-Let (BTL) mortgage brokers under pressure to meet current Interest Cover Ratio (ICR) calculations. C...
25 September 2023
Leading mortgage and protection brokerage, Access Financial Services (Access FS), is today launching a comprehensive, in-house digital marketing and lead generation platform. Under the visionary lead...
25 September 2023
The mortgage industry’s premier intermediary event, Mortgage Business Expo (MBE), has today (25th September 2023) announced the complete line-up of speakers and panellists for its London show, as well...
25 September 2023
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has appointed Graham Beckett as a Business Relationship Manager. Graham has spent almost 2...
22 September 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (22nd September 2023) cut rates on all two- and five-year fixes, as well as launching a new Green seven-year fixed-rate product. The lende...
22 September 2023
Black & White Bridging has announced the appointment of renowned bridging professional, Danny Power as Director of Business Development. Danny has been responsible for taking the bridging message to ...
22 September 2023
Vulnerable clients and Consumer Duty, the end of Tenet’s involvement in the network arena and procuration fees from product transfers were three of the subjects most talked about by advisers in August...
21 September 2023
“I would think that yesterday’s inflation figures - showing a surprise drop, albeit a relatively small 0.1% fall to 6.7% - have swayed enough members of the MPC to think that a further rise in Bank Ba...
21 September 2023
MorganAsh provides the MorganAsh Resilience System (MARS) to enable brokers, advisers and financial services firms to better manage and evaluate consumer vulnerability and comply with Consumer Duty. ...
21 September 2023
Just Mortgages is one of the largest mortgage brokers in the UK, with more than 650 advisers working across both employed and self-employed divisions. It is part of Spicerhaart, the UK’s largest indep...
21 September 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “You have to wonder whether we are sometimes playing a game of ‘follow the leader’, as the MPC’s decision to hold interest rates comes ju...
21 September 2023
Simon Webb, managing director of capital markets and finance at LiveMore, said: “At last, lenders, borrowers, tenants and brokers can breathe a sigh of relief that base rate has been paused at 5.25% r...
21 September 2023
Specialist buy-to-let lender Landbay has announced a major rate reduction across its range of two-year fixed rate products, with rates falling by as much as 0.50%. The news means Landbay’s two-year f...
21 September 2023
LiveMore continues to make sourcing later life products simple for brokers by introducing ‘counter-offer’ to its later life platform. In an industry-first, brokers only need to key their client’s det...
21 September 2023
Foundation Home Loans, the intermediary-only specialist lender, has today launched a new range of buy-to-let fixed-rate Specials including a five-year fixed-rate product for Portfolio Landlords only. ...
21 September 2023
Leading digital compliance provider SmartSearch has added a new ‘risk assessment’ solution to its recently enhanced platform. To prevent inconsistency when assessing subject risk, the service will si...
20 September 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (20th September 2023) announced the addition of Market Harborough Building Society to its lender panel. From today, P...
20 September 2023
“Today’s data shows house prices are rising more slowly, with an annual increase of 0.6%. This change was somewhat anticipated when you consider the sharp rise in borrowing costs customers have faced ...
20 September 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “There was a lot of speculation ahead of today’s announcement and mostly in the opposite direction. Although the fall in the inflation ra...
20 September 2023
Hampshire Trust Bank (HTB) has facilitated a £800k semi-commercial bridging loan which allows the borrower to raise capital for the completion of another project which overran. This property consist...
20 September 2023
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (20th September 2023) launched its Future Digital Conveyancing Protocol document to help firms bene...
19 September 2023
Atom has made improvements to its care homes criteria to accept less experienced applicants in the care home sector Change has been made to address a gap in the market and support a vital sector whic...
19 September 2023
Roma Finance, the ‘borrower first’ lender, has expanded its underwriting team in response to the continued demand within the bridging and development finance sector. In 2023, the company has strengt...
19 September 2023
Norton Group has recruited Marc Howson as Director of Compliance to oversee activity across the group, including Norton Home Loans and Norton Broker Services. Marc has more than 20 years' experience...
19 September 2023
The Right DA Club has today (19th September 2023) announced the addition of HSBC Life (UK) to its protection provider panel. With immediate effect, Right DA Club members can now access HSBC Life (UK)...
19 September 2023
Mercantile Trust Limited, the specialist bridging and buy-to-let lender, provides a bridging facility in just three working days. The case was introduced to Mercantile Trust by specialist packager a...
18 September 2023
Vida, the specialist lender, have today announced that they have hired Oliver Smith into the role of National Account Manager. Smith has over ten years’ experience in the financial services industry ...
18 September 2023
Castle Trust Bank has launched a new Heavy Refurbishment bridging product, featuring a drawdown facility that gives borrowers greater flexibility as well as the opportunity to reduce their overall bor...
18 September 2023
Cycling 183 miles over 3 days from Paris to Sittingbourne doesn’t sound like everyone’s idea of a fun weekend but knowing your efforts are helping to raise much needed funds for a children’s hospice i...
18 September 2023
Aspen has completed three 80% LTV deals in just seven days for a combined total of over £3.5m. First to drawdown was a £2,320,000 Refurbishment bridge on five four-bedroom houses on a former farm in...
18 September 2023
More than seven in 10 landlords (71%) say they are unlikely to buy a property which has an EPC rating of less than C, according to the latest BVA BDRC landlord research for quarter two 2023. Asked to...
18 September 2023
SmartSearch, a UK leader in digital compliance, is not only expanding rapidly but also making its mark as a certified workplace in the financial sector. As the firm approaches the significant milesto...
18 September 2023
Landbay has dropped the rates across its Limited Edition standard five-year fixed rate product range by 0.10% with rates now starting at 5.05%. Limited Edition standard five-year fixed rates • 70% L...
15 September 2023
Clever Lending, the specialist finance packager and master broker, has announced that it has recently completed a £24,000 second charge bridging facility which completed within three days of the initi...
15 September 2023
The Right Mortgage & Protection Network and DA Club have today (15th September 2023) announced details of their National Training Event for all member firms taking place next month. The flagship even...
14 September 2023
Precise Mortgages, part of the OSB Group, have launched refunded valuations and cashback products into their limited-edition range which also features no product fee. Precise have also cut rates acros...
14 September 2023
Comment from Leon Diamond, CEO and founder, LiveMore, into the lifetime mortgage sector report published today by the Financial Conduct Authority. “We wholeheartedly welcome the FCA’s report into the...
14 September 2023
“ I believe that the time is right for mortgage brokers to go on the remortgage offensive by thoroughly leveraging their existing client banks to see which clients might benefit from a better deal.” a...
14 September 2023
Hampshire Trust Bank (HTB) has just completed on a £3.6m finance package following an introduction from Callum Taylor of Portway Finance. The package included a £900k residential refurbishment bridg...
14 September 2023
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has handpicked 15 aspiring leaders across the business to take part in a 12-month Leadership ...
14 September 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (14th September 2023) announced the launch of a new, exclusive partnership with Enable Services, who can help clients ...
14 September 2023
National brokerage Just Mortgages has expanded its mental health and wellbeing support with a brand-new training module covering the menopause. The new module is available at any time through the fir...
13 September 2023
Specialist lender Spring Finance (Spring) has appointed Paul Carley as its Head of Sales for Second Charge Mortgages. His role will focus on building intermediary relationships and driving growth and...
13 September 2023
Following the release of the latest ONS construction output figures, which showed monthly output decrease by 0.5% in July, here is a comment from Beard Construction. Fraser Johns, finance director at...
13 September 2023
Millbrook Business Finance, a leading broker in the business finance market, is celebrating its third anniversary with record 12-month growth figures. During this period, revenue has increased by 120%...
13 September 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (13th September 2023) launched a new suite of product transfer products for existing borrowers. Available from today, the product transfer...
12 September 2023
Hampshire Trust Bank (HTB) has announced the appointment of Lorenzo Satchell as sales director within its bridging division. Lorenzo has over 30 years’ experience in the property finance sector and...
12 September 2023
United Trust Bank (UTB) and LDS Sales Guarantees have joined forces to support the construction of 27 new-build apartments in Essex, a project with a GDV of close to £10,000,000. The development in...
12 September 2023
Just over 76% of brokers have said the level of notice a lender gave them regarding the withdrawal of a product would impact their willingness to consider using the lender again in the future, accordi...
12 September 2023
Alternative Bridging Corporation has launched a new video introducing its senior sales team and dealmakers. The Dealmakers video, which pays homage to Mission Impossible, includes a number of intere...
12 September 2023
StrideUp, a financial provider dedicated to empowering the next generation of homeowners through accessible, inclusive, and flexible home finance solutions, has announced that it has been added to TMA...
12 September 2023
Foundation Home Loans, the intermediary-only specialist lender, has today reduced rates across its buy-to-let core product range by up to 0.90% and reintroduced two-year fixed-rate products across its...
12 September 2023
The Right DA Club has today (12th September 2023) announced a new Virtual Event taking place in September for existing directly authorised (DA) firms and those considering a move to DA status. The Fi...
11 September 2023
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by Positive Lending as its primary tech provider. The agreement will prov...
11 September 2023
Aspen Bridging used its No Valuation product and a weekend visit to ensure a £630k facility was completed in 10 days so a developer avoided going overdue on an existing development loan. With a stri...
11 September 2023
London, 11 September 2023. Tuscan Capital, the short-term property finance specialist, has today (11th September 2023) announced the appointment of a new Sales Director, Jaxon Stevens, as part of a n...
08 September 2023
Following reports in The Telegraph that the Treasury is considering asking the FCA to regulate financial guidance – introducing a level between advice and non-advice, we have a comment from vulnerabil...
08 September 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (8th September 2023) announced a number of internal promotions within its Sales Team, including the promotion of Dave Husbands to Head of S...
08 September 2023
Precise Mortgages, part of the OSB Group, has announced lower rates across their 5-year fixed rate terms within their limited edition range and a wider choice to help brokers support customers with af...
07 September 2023
United Trust Bank (UTB) Mortgages for Intermediaries is continuing to support brokers and their customers with a raft of enhancements and rate reductions across its residential, BTL and Second Charge ...
07 September 2023
Hampshire Trust Bank (HTB) has announced that its Specialist Mortgages division has entered the Purpose-Built Student Accommodation (PBSA) investment lending market. This demonstrates its strong appet...
06 September 2023
Newcastle Intermediaries has enhanced its Shared Ownership proposition with the introduction of products for re-mortgage and staircasing to its range. The lender introduced its Shared Ownership propo...
06 September 2023
Following the release of the latest CIPS PMI construction data, which shows construction output rise slightly, but new orders fall at a fastest pace since May 2020, we have a comment from Beard Constr...
06 September 2023
United Trust Bank (UTB) Structured Property Finance has completed a refinance and capital raise secured by an investment portfolio, which enabled the borrower to complete further acquisitions in line ...
06 September 2023
One Mortgage System (OMS), the seamless and end-to-end CRM system for brokers, has today announced its addition to the Legal & General Mortgage Club panel. This partnership will provide Legal & Genera...
05 September 2023
Clever Lending, the specialist finance packager and master broker, has announced that it has recently packaged a £180,000 regulated bridging facility for a broker’s clients who wanted to develop resid...
05 September 2023
Vida, the specialist lender, has launched a new range of limited edition products. Two and five year products are available up to 65 per cent LTV across buy to let (BTL) and residential on the Vida 3...
05 September 2023
Refurbishments, HMOs and MUFBs have been the most popular types of specialist property investment in the last three months, according to Castle Trust Bank. Broker research carried out by the lender ...
05 September 2023
Just Wealth, the financial services arm of national brokerage Just Mortgages, has launched a new referral portal to give mortgage advisers greater line of sight when introducing potential wealth clien...
04 September 2023
Growing specialist property finance brokers Finvest has transformed its business and become virtually paperless following a successful pilot of Nivo’s innovative technology. The London based brokers,...
04 September 2023
• Pegasus Insight, a recently established professional research services consultancy, has become the latest associate member of the Intermediary Mortgage Lenders Association • IMLA now has a combine...
04 September 2023
Lead generation for today’s intermediaries Property Circle, the fast growing technology company, has launched a new concept to help mortgage brokers, letting agents and estate agents generate and max...
04 September 2023
One Mortgage System (OMS), has appointed Melanie Spencer as its business partnership and growth director. The OMS platform provides a completely connected client and broker journey from initial lea...
01 September 2023
In its first public intervention, the FCA has asked nine banks and building societies to provide value assessments on its saving products. It follows concerns that interest rate rises are not being pa...
01 September 2023
The Association of Short Term Lenders (ASTL) has announced the appointment of two new members to its executive board. The new executive board appointments were elected by members of the ASTL from a ...
01 September 2023
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (1st September 2023) announced Post Partner, legal sector specialists in Document Allocation and In...
01 September 2023
Mortgage Broker Tools (MBT) has now processed more than one million cases through the affordability-first research platform. The one millionth case was run by Joe Lund from The Connells Group. The c...
