Press releases for September 2024

19 September 2024

MorganAsh provides the award-winning MorganAsh Resilience System (MARS) which enables brokers, advisers and financial services firms to better manage and evaluate customer vulnerability and comply wit...

19 September 2024

Redwood Bank's CEO and co-founder Gary Wilkinson has issued the below statement following today's Base Rate decision: “The decision to hold base rate this month is not unexpected news. Professional l...

19 September 2024

Melanie Spencer, sales and growth lead at Target Group, said: “Even with the Fed’s sizeable cut last night, today’s decision to hold was still the most likely outcome, and expected by the markets, eco...

19 September 2024

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...

19 September 2024

"The Bank of England's decision to hold the base rate at 5% provides a measure of stability, which is not entirely negative for the surveying sector. While affordability challenges persist for home bu...

19 September 2024

Richard Pike, chief sales and marketing officer at Phoebus, said: “With economic growth in the UK treading water and inflation likely to increase again towards the end of the year, this Committee deci...

19 September 2024

Ryan Davies, Strategy Director, Bluestone Mortgages comments on today’s Bank of England interest rate decision: “Today’s decision will be a blow to borrowers across the country who were hoping for a f...

19 September 2024

Virgin Money reduces rates across purchase, remortgage, buy-to-let and product transfer mortgages. The lender’s 95% LTV fee-savers, now with free valuation and £300 cashback, will be reduced by up to...

19 September 2024

SimplyBiz has announced over 1,000 Defaqto Engage licences have been adopted by its member firms since an enhanced version of the financial planning system was added to its core membership package fiv...

19 September 2024

Inspired Lending has successfully completed its largest loan to date, providing a £5.7 million facility over an 18-month term to refinance and refurbish a prime mixed-use freehold investment property ...

19 September 2024

Pepper Money has announced the launch of its 2024 Specialist Lending Study, marking the fifth anniversary of this landmark research project. The latest edition of the Pepper Money Specialist Lending...

19 September 2024

Hampshire Trust Bank (HTB) has strengthened its support for brokers with the appointment of Chloe House as Business Development Manager (BDM) for the newly established South Coast region. This decisi...

19 September 2024

OMS, the technology-led enquiry-to-completion processing platform for intermediaries, has today (19thSeptember) announced an exciting new partnership with Sikoia to further boost mortgage processing e...

18 September 2024

Accord Mortgages is taking the opportunity presented by market fluctuations to make further cuts to its buy-to-let product range, this time by up to 0.30%. These latest reductions from the intermedia...

18 September 2024

Private Rent and House Price data from the Office for National Statistics (https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/privaterentandhousepricesuk/september2024 Richard Harrison...

18 September 2024

Private Rent and House Price data from the Office for National Statistics (https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/privaterentandhousepricesuk/september2024) Alex Upton, Man...

18 September 2024

‘The ‘Buy to Let’ brand of specialist lender, Foundation Home Loans, has today (18th September 2024) announced new rate cuts to its Special and Limited Edition buy-to-let products while its ‘Residenti...

18 September 2024

The majority of commercial finance brokers say they have seen little to no change in the willingness of lenders to fund soft assets, while two-in-ten say conditions have worsened. Latest survey data ...

18 September 2024

SimplyBiz Mortgages has announced the addition of market disrupter Perenna Bank to its lender panel, with immediate effect. Launching to the wider market in 2024, Perenna offers flexible long-term fi...

18 September 2024

Norton Home Loans has introduced significant updates to its lending criteria, including an increased maximum Loan-to-Value (LTV) ratio and a higher maximum loan size, offering greater flexibility and ...

17 September 2024

- The number of sales agreed for new build homes has dropped by 21% compared to 2019 - The number of sales agreed among resale properties are now 6% higher than in 2019. The number of sales agreed fo...

17 September 2024

Santander UK has made reductions to selected fixed rates across its purchase, remortgage, and buy-to-let range by up to 0.29%. The full list of new rates includes 5-year, 3-year, and 2-year fixed rat...

17 September 2024

Countrywide Surveying Services (CSS), a leading provider of property risk management, valuations and customer surveys in the UK, has hosted a high-profile roundtable event to address the critical role...

16 September 2024

Broker Conveyancing, the broker-focused conveyancing distributor, has today (16th September 2024) announced a wills-focused webinar session for advisers, in conjunction with wills and trust specialist...

16 September 2024

- Integration will drive greater efficiency and simplicity for lenders and brokers - OMS, the cutting edge technology platform for intermediaries, has today announced an expanded partnership with Ex...

16 September 2024

A new research project launched this month is set to discover what buyers think should be done to improve homebuying in the UK. The Open Property Data Association (OPDA) has issued a survey through o...

16 September 2024

conveybuddy, the conveyancing distributor, has appointed Mark Game as Sales Director. Mark brings over a decade of expertise in the conveyancing sector to conveybuddy, specialising in B2B services wi...

16 September 2024

Pepper Money has made a number of criteria enhancements to make its mortgages even more accessible to customers who just miss out on a high street lender. The specialist lender is now able to accept...

16 September 2024

Experienced bridging lender KSEYE has launched a new Lite product range covering residential, commercial and mixed-use bridging products. This new product range is available for properties in London ...

16 September 2024

Landbay has announced rate reductions across its buy-to-let product range, with no less than 51 products being reduced by as much as 0.20%. Among those reduced is standard five-year fixed rate produc...

13 September 2024

Mansfield Building Society has signed an agreement with Tata Consultancy Services (TCS) to transform its core banking system and front-end digital platforms. The Society has selected the TCS ‘BaNCS’...

13 September 2024

YBS Commercial Mortgages has recruited two new relationship directors, as Andrew Oguzie joins the Midlands team and Andy Buss joins the South-East team. Andrew has a great deal of knowledge and under...

13 September 2024

Nottingham Building Society has made reductions of up to 0.11% across its range of mortgage products for skilled foreign nationals and expats returning to the country. It also reduced the stress rate...

13 September 2024

Together has appointed Richard Rowntree as its chief executive, which will see him take up his post early next year. Industry veteran Rowntree joins from Paragon Bank, where he worked for almost five...

13 September 2024

Vernon Building Society has cut a number of its leading mortgage deals by 0.3%. One of the Vernon’s most competitive deals, its 3-year fixed residential mortgage, has been cut by 0.30% to 4.49%, with...

13 September 2024

The Conveyancing Association (CA) - the leading professional body for the conveyancing industry – has today (12th September 2024) announced the first details of its 2025 Annual Conference & Charity Di...

12 September 2024

As we head into September, we’d like to remind you of our new lower rate starting from 0.69% pm. If you’re u...

12 September 2024

• Near Prime products see rates cut by up to 0.25% • Prime products at 95% LTV reduced by up to 0.15% to help FTBs and those with smaller deposits • Reductions come following key criteria changes ear...

12 September 2024

Phoebus Software has joined the Equity Release Council (The Council) as an Associate Member. As part of its membership, the Council has invited Phoebus to join the Council’s Technology Forum, where P...

12 September 2024

Black & White Bridging, which specialises in bridging and development finance, has appointed a new non-executive director. Retired solicitor, Bridget Juckes, starts her appointment with immediate effe...

12 September 2024

Pepper Money has reduced rates across its range by as much as 1.00% to provide more competitive options for brokers whose customers fall just outside of the criteria for high street lenders. The spe...

12 September 2024

Pure Panel Management, one of the UK’s leading names in panel management services, has today (Thursday 12 September) announced an agreement with Interbridge Mortgages to become its primary valuation p...

12 September 2024

Foundation Home Loans, the intermediary-only specialist lender, has announced it has successfully executed its first Residential Mortgage-Backed Securitisation (RMBS) backed by a mixed portfolio of bo...

11 September 2024

Fleet Mortgages, the buy-to-let specialist lender, has today (11th September 2024) cut rates on both two- and five-year 75% LTV products for standard and limited company borrowers. The cuts are betwe...

11 September 2024

The green and community credentials of a specialist business bank have been boosted by the appointment of a specialist from Sydney. Redwood Bank has demonstrated its commitment to environmental, so...

11 September 2024

(September, 2024) Since joining Optimum Finance at the turn of the year, Eric DeArmitt, Regional Director for the Midlands, has been instrumental in providing businesses with the financial lifelines t...

11 September 2024

Alexander Hall has completed a mortgage with Pepper Money for a client with a CCJ, Default and other credit challenges. The client, who was referred to Alexander Hall by an estate agency partner, wa...

11 September 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has boosted its self-employed management team with the appointment of Chris Hayes as area director for the north. Chris brings more than 2...

11 September 2024

Commercial finance brokers are seeing a significant rise in client requests to support more complex projects, latest survey data from Asset Advantage can reveal. Nearly a third of brokers have seen a...

11 September 2024

SPF Private Clients, the national brokerage, has added short term luxury asset lender, Suros Capital, to its panel of introducers. Having previously set up its Private Office facility to cater for we...

11 September 2024

NatWest Group has joined the Open Property Data Association (OPDA) to support its drive to radically improve the homebuying process by sharing digital property information across the mortgage market. ...

11 September 2024

Hanley Economic Building Society has announced a strategic partnership with The Modern Builder (TMB), a leading platform in the self-build and modern methods of construction (MMC) marketplace. This c...

11 September 2024

Following the release of the latest ONS construction output figures, which shows a 0.4% drop in output in July, we have a comment from Spicerhaart Part Exchange & Group Clients. Spicerhaart Part Exch...

10 September 2024

Following the release of the latest Mortgage Lenders and Administrators Statistics from Bank of England, we have a comment from Target Group. Melanie Spencer, sales and growth lead at Target Group, s...

10 September 2024

United Trust Bank (UTB) has announced a raft of interest rate reductions across its range of unregulated and regulated bridging finance products. Key changes • Regulated bridging interest rates now a...

10 September 2024

Simon Webb, managing director of capital markets and LiveMore, commented: "The Bank of England’s latest mortgage statistics reflect a modest but important growth in both mortgage lending and commitme...

10 September 2024

Inspired Lending has successfully completed a £1.22 million bridging loan to facilitate the investment in a Purpose-Built Student Accommodation (PBSA) site. The six-month second charge facility, secu...

10 September 2024

Loughborough Building Society has announced a significant enhancement to its lending in retirement proposition by moving to assess income at 4.5x up to the applicant’s retirement age, marking a notabl...

10 September 2024

Leading home-moving group, Movera, whose brands include LMS, ONP Solicitors and Cavendish Legal Group, has made a strategic investment into Collaborative Conveyancing to help transform the way conveya...

10 September 2024

Bristol, 10 September 2024 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced that it is further reducing its two and five-year fixed rate deals on properties up to 7...

10 September 2024

In a significant boost for UK mortgage and protection firms, HLPartnership (HLP) has secured a strategic investment from BetterHome Group (BHG), the largest mortgage distributor in South Africa. This ...

10 September 2024

MorganAsh, a support services provider to the financial services and utilities sectors, has launched a brand-new customer portal called It’s Who I Am, designed to give customers the information and co...

09 September 2024

Darlington Building Society has partnered with Own New to launch a brand-new Rate Reducer mortgage product. Through this product, first-time buyers and home movers alike can enjoy the economic benefi...

09 September 2024

Swansea Building Society sponsors Swansea RFC for the 2024/25 season Swansea Building Society has announced the renewal of its sponsorship with local rugby union team Swansea RFC, known as ...

09 September 2024

Dudley Building Society has been recognised as one of the UK’s Best Workplaces in Financial Services & Insurance by Great Place To Work UK, for 2024. Regarded as a global authority on workplace cultu...

09 September 2024

conveybuddy, the conveyancing distributor, has appointed Amy Innes as Head of Operations. With a background in intermediary distribution, Amy joins conveybuddy after a role as Panel Manager at iPlace...

09 September 2024

Hampshire Trust Bank (HTB) has delivered a £16.3m development loan facility as part of a build-to-rent development project, repurposing the landmark Sutherland House office building in Coventry into o...

09 September 2024

One Mortgage System (OMS), the technology-led seamless single-input enquiry to completion processing platform for brokers, which recently announced a record month for data being submitted through its ...

09 September 2024

After just three months of lending, Interbridge Mortgages has announced a trio of key milestones through its broker partners: over £60 million of lending, support for over 1,000 customers, and a 4.8 r...

06 September 2024

Fleet Mortgages, the buy-to-let specialist lender, has today (6th September 2024) announced a number of new zero and fixed-fee products in its houses of multiple occupation (HMOs) range, while also cu...

06 September 2024

Virgin Money is set to introduce a range of new mortgage products as of tomorrow, Friday 6 September, available with a free valuation for purchase customers. Remortgage customers will benefit from a ...

06 September 2024

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06 September 2024

• New home for both residential and commercial intermediaries within the Atom bank website • Moving forward, the ‘Digital Mortgages’ brand will be removed and the digital lender will be known as Atom...

06 September 2024

Hampshire Trust Bank (HTB) has completed a complex £6.9 million remortgage for an experienced property developer managing a diverse portfolio of 65 properties across the Midlands, consisting of both f...

06 September 2024

Mansfield Building Society has cut rates by up to 0.70% across its fixed rate mortgage products, introduced new prime residential fixed rates to November 2029, and reduced its Standard Variable Rate (...

06 September 2024

Square 1 Media, the specialist PR and marketing agency in mortgages, specialist finance and the wider financial services sector, has today (6th September 2024) announced details of 2024’s Mortgage Mar...

05 September 2024

BuildStore Mortgage Services has entered a strategic partnership with L&C Mortgages to help them to navigate the post-Consumer Duty landscape. BuildStore is the UKs leading provider of finance for c...

05 September 2024

Telephone access to underwriters is more important to mortgage administrators now than it was a year ago, according to a survey commissioned by Pepper Money. The specialist lender has commissioned a...

05 September 2024

Innovative 5 to 15 year fixed-term lender April Mortgages has launched a new, improved proc fee structure. The new structure has been devised in response to broker feedback and listening, demonstrati...

05 September 2024

LHV Bank has appointed three new Lending Directors to its lending team. Lee Albino, George Chipperfield, and Sadiq Patel all bring a wealth of experience to their roles to further strengthen LHV’s len...

04 September 2024

Simon Webb, managing director of capital markets and finance at LiveMore, commented: “It’s gratifying to see lending growth finally emerge in Q2, but taking out longer term mortgages grew alongside th...

04 September 2024

Innovative longer-term lender April Mortgages has appointed Rachael Hunnisett to the post of Director of Mortgage Distribution. April Mortgages is bringing a unique approach to the mortgage market, p...

04 September 2024

Isle of Wight, 4th September 2024 — 1st Call 4 Advisers, a division of the renowned 1st Call 4 Mortgages (UK) Ltd, proudly announces its official launch as the premier recruitment platform for mortgag...

04 September 2024

United Trust Bank (UTB) has appointed Ben Jenkinson as Head of Product & Strategy in its Property Development division. Ben has over 20 years’ experience in real estate finance holding senior positio...

04 September 2024

The Right DA Club has today (4th September 2024) announced a boost to its equity release/later life lending proposition for member firms with a new Ambassadorship of Air, the platform for later life l...

04 September 2024

Norton Broker Services, a leading specialist finance packager and master broker, has further bolstered its extensive second charge lending panel through the addition of Interbridge Mortgages. This pa...

04 September 2024

AFFORDABILITY, SAVING FOR A DEPOSIT, AND INSUFFICIENT INCOME CITED AS TOP BARRIERS TO HOMEOWNERSHIP FOR FIRST-TIME BUYERS As the cost of living crisis continues to impact people’s ability to save mon...

04 September 2024

Buckinghamshire Building Society has today (4th September) cut rates by up to 0.30 percentage points across its mortgage range, and implemented term changes to selected products. The award-winning mu...

04 September 2024

Source Insurance is pleased to announce a strategic partnership with PM Property Lawyers, designed to extend the availability of high-quality insurance products to a broader audience. This collaborati...

04 September 2024

Luxury asset backed short term lender, Suros Capital, has seen loans secured against art increase by 55% in 2024 YTD against the same period in 2023, with artwork representing 40% of the lender’s curr...

04 September 2024

“As reported in ERC’s research findings today, recovering UK house prices at the start of this year have had a widespread effect on the sector. At Equity Release Supermarket, we’ve seen an uplift last...

04 September 2024

The Bridging & Development Lenders Association (BDLA) has announced three new appointments to its Executive Board, following an election amongst its members. Sundeep Patel from United Trust Bank, Ro...

04 September 2024

Inspired Lending has assisted a high-net-worth borrower with their short-term business cash flow requirements by providing a bridging loan facility of £720k. The 12 month loan was secured by way of a...

04 September 2024

Nearly a third (31%) of commercial finance brokers have seen a growing shift among clients towards business loans to secure funding, new survey data from Asset Advantage can reveal. For nearly a quar...

04 September 2024

Phoebus, the market leading software provider for mortgage and savings account servicing, has partnered with One Mortgage System (OMS) Originations. The strategic partnership provides lenders and bui...

03 September 2024

Paradigm, the mortgage, protection and compliance services proposition, has today (3rd September 2024) announced four staff members have moved into the newly-created role of Business Development Direc...

03 September 2024

Access Financial Services (Access FS), the mortgage and protection brokerage, has appointed Nicholas Jones to mortgage sales and marketing director. In his newly create role, Jones will be responsibl...

03 September 2024

Innovative longer-term lender April Mortgages has appointed Rachael Hunnisett to the post of Director of Mortgage Distribution April Mortgages is bringing a unique approach to the mortgage market, pr...

02 September 2024

Alternative Bridging Corporation has launched a new promotion offering to refund valuation and lender legal fees on applications received before the end of September. As part of the promotion a refu...

02 September 2024

02 September 2024: Acre, the one-click mortgage intermediary platform, is set to expand its conveyancing partnerships, as it launches a Scottish conveyancing panel with the award-winning panel and ser...

02 September 2024

conveybuddy has launched its revolutionary new conveyancing portal which features market leading technology, enabling significant cost savings that can be passed directly onto customers. Unlike other...