Press releases for October 2021
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01 November 2021
Specialist Finance Centre (SFC), the second charge and specialist finance packager, has announced a staffing restructure and the internal promotion of Oliver Hembury to Head of Second Charge Lending a...
01 November 2021
Aspen has completed a £2.734m bridge on its No Valuation product for an applicant who wanting to redeem a development loan and refurbish additional properties. The developer used a property consisti...
01 November 2021
Square 1 Media, the PR and marketing agency specialising in financial services, has today (1st November 2021) announced the appointment of a new Senior Account Director. From today, Kevin Rose joins ...
01 November 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (1st November 2021) announced the appointment of a new Senior Business Development Manager (BDM) for the Central London region. Dave Horsm...
01 November 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (1st November) added Clydesdale Bank to its lender panel. From today, Paradigm member firms will be able to access Clydesdale’...
01 November 2021
Specialist Hub announced today that it has launched the first phase in a major rebranding programme in the form of a new logo. In keeping with the company’s distinct orange colours, the logo represent...
01 November 2021
The Brightstar Group is celebrating its 10th birthday this month, having worked with nearly 30,000 customers on 18,000 completions worth more than £5bn over the last decade. Launched in 2011, The Br...
01 November 2021
HLPartnership’s commitment to delivering greater protection support for network members and better outcomes for customers took another step forward with the arrival of Steve Fallon as its in-house pro...
29 October 2021
Richard Pike, Phoebus Software sales and marketing director, says “In a week when the Chancellor chose to almost sideline housing in his budget speech it is encouraging to see that mortgage approval n...
29 October 2021
Newcastle Intermediaries has enhanced its large loan proposition with the introduction of new two-year fixed rate products and a rate cut across the range. To provide brokers and their clients an e...
28 October 2021
United Trust Bank (UTB) has developed its Asset Finance Operations Team with four new appointments as it continues to transact record volumes of new business. UTB has substantially increased its appe...
28 October 2021
Following the Chancellor’s Autumn Budget announcement, John Goodall, CEO of Landbay has commented: “In this budget the Chancellor seems to have rolled back the years of austerity with yet another spen...
28 October 2021
eConveyancer has strengthened its Sales team, with the recruitment of Michelle Ward as National Account Manager. Michelle brings with her nearly 15 years’ experience, including roles at HSBC, Police ...
28 October 2021
Specialist short-term lender, Hope Capital has bolstered its underwriting team by welcoming Jon Reed as Senior Development Underwriter. Jon joins Hope Capital after working in the finance industry fo...
28 October 2021
Suros Capital, the luxury asset lender, has announced the completion of a short term bridging loan of £350,000 secured against a customer’s collection of watches and jewellery valued at £500,000. The...
27 October 2021
Richard Pike, Phoebus Software sales and marketing director, says “This was never going to be a budget that really tackles our housing shortage, the Chancellor had much bigger fish to fry after the pa...
27 October 2021
John Phillips, national operations director at Just Mortgages said: “As expected, the Budget was light on news for those in the property sector. There was some positive news, with significant funds al...
27 October 2021
- Saffron Building Society has launched revised products targeting the remortgage market - The new mortgages offer differing specifications to appeal to the wider remortgage market as activity contin...
27 October 2021
This Halloween, we’re calling on The Addams Family in order to help explain our most recent case study. Wednesday Addams is employed by the NHS as a Project Support Officer and dreams of owning her o...
27 October 2021
Pepper Money has announced a new two-year agreement with Richmond Rugby to become a Premier Partner for the 2021/22 and 2022/23 seasons. The partnership will see the Pepper Money logo feature on th...
27 October 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (27th October 2021) added specialist buy-to-let lender, SBI UK, to its lender panel. From today, Paradigm members will secure ...
26 October 2021
Air Mortgage Club, the leading later life services platform, has today (26th October 2021) issued the results of its first ‘Later Life Lending Census’ of advisers either currently active, or wanting t...
26 October 2021
Leading anti-money laundering specialist SmartSearch is recruiting a further 20 new staff before the end of the year as a result of its exceptional business growth. There are numerous roles available...
26 October 2021
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has launched its latest remote valuation tool PropertyFact. PropertyFact is an online offeri...
25 October 2021
Bridging lender TAB, in conjunction with introducer The Real Estate Finance Consultancy (REFC), has completed five bridging loans totalling £11.4m on the same day. The complex set of deals is for a p...
25 October 2021
New research reveals the countries across the globe that are the most (and least) at risk of cybercrime threats - and it’s good news for the UK. The digital revolution has opened up a world of risk. ...
25 October 2021
Leading broker firm, Just Mortgages has appointed Ben Allkins as the new head of mortgages and protection for its self-employed division. The newly created role will involve managing the strategic di...
25 October 2021
MBT Affordability enables Buy to Let landlords to borrow an average £82,000 more than other affordability platforms thanks to its larger panel and more comprehensive research. With a Buy to Let panel...
25 October 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (25th October 2021) launched its first full buy-to-let product range funded by its new parent, Starling Bank. Covering its three core area...
22 October 2021
Newcastle Building Society, which was the first lender to support the innovative Deposit Unlock scheme, has announced changes to its Deposit Unlock product range, including a market leading two-year f...
22 October 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (22nd October 2021) added Reliance Bank to its lender panel. From today, Paradigm member firms will have access to Reliance Ba...
22 October 2021
Finsec, the specialist second charge & secured business loan lender, has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage criteria search system. It...
22 October 2021
Suros Capital has reported a jump in loans secured against fine art and has seen a rise of 50% in art finance enquiries this year with 35% of its overall loan book currently secured against fine art. ...
22 October 2021
Pepper Money has rolled out the use of automated valuations (AVMs) on some residential remortgages, following a successful pilot, during which an offer was able to be issued within 24 hours of receivi...
21 October 2021
21 October 2021: Leeds Building Society has become the latest lender to go live on Submissions Brain, the newest innovation from mortgage technology expert Mortgage Brain. Momentum is undeniably buil...
21 October 2021
Richard Pike, Phoebus Software sales and marketing director, says “We are all on a bit of a roller-coaster ride at the moment. One moment we’re up and the next we’re down. The housing market climbed q...
21 October 2021
John Phillips, national operations direction at Just Mortgages said: “As the UK housing market steadily edges closer to normality, property transactions are returning to familiar levels. “There is no...
21 October 2021
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has completed a full API integration with West One for its second charge business. The inte...
21 October 2021
Foundation Home Loans, the intermediary-only specialist lender, has today (21st October 2021) launched a new ‘Limited Edition’ two-year discounted variable product with no Early Repayment Charge for b...
21 October 2021
VAS Group has agreed a significant partnership with EG which can supply its lenders, valuers and brokers with critical pre-valuation statistics and sales evidence. By opening preferential access to ...
21 October 2021
Specialist short-term lender, Hope Capital has marked its 10th year in business and is reflecting on the past decade, as well as looking ahead towards a very bright future. Since being established in...
21 October 2021
Launching today, Cox & Flight Financial Solutions Ltd is a new supportive partnership opportunity for estate agents to offer a fully rounded service to help provide finance, mortgage and protection ad...
21 October 2021
Castle Trust Bank has completed a complex £4.5m bridging loan within just 14 working days of the initial terms being issued. The specialist Buy to Let lender worked with Sirius Property Finance on re...
20 October 2021
Source Insurance have recently launched a Marketing Hub for brokers and intermediaries wanting to expand their client base of General Insurance customers. The hub contains links to over 70 design temp...
20 October 2021
Pepper Money has further enhanced its proposition by introducing a new Residential Pepper 60 remortgage range and LTV option at 55%. With an increase in customers failing mainstream credit scores as...
20 October 2021
Aspen has completed a £1,360,000 Light Development bridge in just 18 days, comprising £325k on day one for auction purchase and £900k in arrears to fund conversion works. The deal, which equates to ...
19 October 2021
19 October 2021: Hinckley & Rugby Building Society is the first regional society to go live on Submissions Brain (formerly Lendex), the multi-lender application and submission gateway from mortgage te...
19 October 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (19th October 2021) added Dudley Building Society to its lender panel. Dudley Building Society lends throughout England and Wa...
19 October 2021
Sally Wright has joined Hampshire Trust Bank (HTB) as head of propositions for the Specialist Mortgages division. She joins HTB from Vida Homeloans to work alongside newly-appointed deputy managing d...
19 October 2021
You may be surprised to learn there are around 900 lenders in the UK covering an array of finance options, according to alternative sourcing system Pitch 4 Finance. In the mortgage market alone, ther...
19 October 2021
Uinsure has launched its new insurance division, Uinsure Specialist, to handle non-standard and commercial referrals. Uinsure is working with wide panel of insurers which include, Ageas, Covea, NIG, ...
19 October 2021
Mortgage affordability hit a 2021 high in September, with the average maximum loan size available up by nearly 10% compared to the start of the year. Analysis of real cases processed through the Mort...
18 October 2021
Self and custom build specialist BuildLoan has launched two new products in conjunction with Buckinghamshire Building Society. The new products offer guaranteed stage payments, based on the cost of e...
18 October 2021
As part of its ongoing commitment to raise awareness of mental health and wellbeing in the financial services sector, Crystal Specialist Finance are providing a new Quartz Gift Box giveaway. In orde...
18 October 2021
October 18th, 2021. Emily Smith has been appointed as Harpenden Building Society’s Head of Distribution and Marketing. In this newly created position she will have responsibility for developing the So...
15 October 2021
Specialist Finance Centre’s self-employed division, SFC Solo, is embarking upon an extensive recruitment drive with immediate effect. SFC Solo is a specialist bridging, buy to let, commercial and dev...
15 October 2021
After a year of tax relief schemes and government measures to keep companies afloat, in April 2023 a six per cent increase in corporation tax will come into effect, taking the tax rate from 19% to 25%...
15 October 2021
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (15th October 2021) announced the appointment of new Affiliate member, SDLT Compass. SDLT Compass is...
15 October 2021
Buckinghamshire Building Society now provides an inclusive online experience to enable website visitors to access online content and services, barrier-free. As part of the diversity and inclusion str...
15 October 2021
Specialist Hub is delighted to announce the full launch of its packaging service to the market. The first stage will see the full range of residential and buy-to-let products, including packager exclu...
15 October 2021
Pepper Money has launched a range of specialist mortgage products for customers who have been discharged from bankruptcy or an IVA, and the lender has opened up its core range to customers in a Debt M...
14 October 2021
UK, October 14 2021: The inaugural Criteria Masterclass, hosted by mortgage technology expert Mortgage Brain, was an enormous success with more than 500 mortgage brokers registering to take part last ...
14 October 2021
Roma Finance is delighted to announce the growth of the team with two new promotions and multiple new appointments following continuous record breaking months. Jack Ainsworth and James Edwards have...
14 October 2021
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today announced Lloyd Davies has decided to retire from his position of Operations Director and will not be...
14 October 2021
Supply of detached rentals also shrank during past 12 months as tenants stay longer, says The Deposit Protection Service (The DPS) Bristol, – Rents on detached homes increased twice as fast as the av...
14 October 2021
One of the most respected names in the UK surveying sector, David Hughes has joined VAS Group as Valuation Audit Director for VAS Panel. With over 20 years’ experience in real estate advisory and pro...
14 October 2021
Mortgage and protection network, HLPartnership, has announced the appointment of Norman Jackson to the role of Regional Compliance Manager, responsible for member firms in Scotland, Northern Ireland a...
14 October 2021
Equity release law firm Equilaw has appointed Max Hayden as the new Managing Director just in time for a major launch of new technology, while Claire Barker, the existing MD, moves into the CEO role. ...
14 October 2021
Foundation Home Loans, the intermediary-only specialist lender, has today (14th October 2021) launched ‘Green ABC+’ fixed-rate products for both buy-to-let and owner-occupied mortgages, with rates and...
13 October 2021
Mansfield Building Society has reverted its already flexible criteria to pre-pandemic policy, meaning that it is now able to allow applicants to use 50% of regular bonus, overtime and commission payme...
13 October 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (13th October 2021) launched the seventh iteration of its Buy-to-Let Rental Barometer covering Q3 2021 rental yields across England and Wal...
13 October 2021
Brightstar Financial has grown its salesforce by more than 40% since the start of 2021. This extra recruitment has supported continued growth at the specialist distributor, which has secured several...
13 October 2021
Hanley Economic Building Society has launched a two-year 95% LTV fixed rate shared ownership mortgage and a two-year 95% LTV fixed rate mortgage to enhance its residential mortgage range. The shared ...
13 October 2021
Fraser Johns, finance director at Beard, said: “With the reduction in output in August marking the first quarterly decline since July 2020, this is clearly not just a minor blip, and marks a real chal...
13 October 2021
Wes will report directly to Marcus Dussard, sales director at HTB and will be responsible for supporting HTB’s broker base across the Midlands and North of England. He has over 15 years of financial ...
12 October 2021
Pepper Money has increased LTVs, improved criteria and reduced rates in a range of enhancements to its Residential mortgage range. The specialist lender has increased the maximum LTV on its Pepper 1...
12 October 2021
Smart Money People’s Mortgage Lender Benchmark returns today. The seventh edition aims to find out which lenders are providing the best service to mortgage brokers and their customers. Jacqueline De...
11 October 2021
Stockport’s mutual, Vernon Building Society, has launched five new buy-to-let mortgages to complement its existing range of landlord products. The lender now has a wide range of options for landlords...
11 October 2021
Allica Bank H1 results underline continued strong growth, with Allica now expected to exceed its £500m lending target for 2021 and deliver on its promise to empower established SMEs to succeed Digi...
11 October 2021
ULS technology, a leading provider of digital products and services in the home moving market, has completed the acquisition of property law firm, Amity Law, to help strengthen its offering to the leg...
11 October 2021
Seven businesses from across the mortgage industry have come together to launch the Mortgage Industry Mental Health Charter (MIMHC), aimed at providing guidance, tips and a framework for firms looking...
11 October 2021
Brokers are working with a significant number of self-employed borrowers with just one year’s worth of accounts, new research from criteria search specialist Knowledge Bank has revealed. This rush of...
11 October 2021
Money laundering costs the British economy roughly £37 billion each year1 and is a significant issue across the world. Its prevalence is largely due to the fact that there are multiple different meth...
08 October 2021
Leading broker firm, Just Mortgages has launched an industry-first support scheme to help self-employed brokers with their mental wellbeing. The scheme, which has launched ahead of World Mental Healt...
08 October 2021
The mortgage industry must ‘immerse itself’ in the needs of its customers if it is to become more effective in its marketing, according to Steve Griffiths, Sales and Product Director at The Mortgage L...
08 October 2021
Pepper Money has expanded its Limited Edition Residential product range, which is now available up to 85% LTV. The Limited Edition range is available on Pepper Money’s Pepper 48 product tier, which ...
07 October 2021
John Dobson, CEO of SmartSearch said: “To have a bank the size of NatWest pleading guilty to money laundering charges is unprecedented, and hopefully will be a wake-up call for the industry. “Change ...
07 October 2021
Buckinghamshire Building Society have today announced a reduction in the interest rate of their Prime product offering with a fixed and variable option available. In addition, Buckinghamshire Buildin...
07 October 2021
A company’s culture has a direct impact on the client experience it delivers, according to Dr Amandip Bahia from Investec Bank. Speaking at the Financial Adviser Event in London, Dr Bahia said: “The ...
07 October 2021
Mortgage Broker Tools (MBT) has added Octane Capital to the Buy to Let panel on its MBT Affordability research platform. The addition of Octane Capital means that MBT Affordability now features 66 B...
06 October 2021
Unlocking the private finance needed to decarbonise the UK’s 29 million homes is dependent on financial institutions having sufficient, relevant, and up-to-date information on the green home technolog...
06 October 2021
Fraser Johns, finance director at Beard said: “Today’s stats show the construction sector is still being significantly hampered by labour shortages and supply chain issues. “With output volumes risin...
06 October 2021
Aspen Bridging will indefinitely offer fixed rates from 0.64% for prime residential purchase and refinance deals up to 70% LTV following a surge in applications prompted by September’s ‘Lend a Hand’ o...
06 October 2021
Paradigm Consulting, the financial support consultancy, has today (6th October 2021) announced the expansion of its ‘Agency’ proposition to assist advisory firms with their sale and acquisition transa...
06 October 2021
Our new Bucks Solutions Portfolio has now launched, and provides extended support to those who have experienced credit issues in the past or who are finding it challenging to secure a mortgage. The n...
06 October 2021
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has teamed up with Mortgage Intelligence to increase its distribution footprint for both ARs and DAs. Mortgage Intelligence, owned b...
05 October 2021
John Dobson, CEO of SmartSearch said: “From sex traffickers to drug smugglers and terrorists, those who launder money through purchasing property include some of the worst criminals on the planet. “A...
05 October 2021
5 OCTOBER 2021, LONDON – Earlier this year AmTrust International (AI), the UK and International arm of New York-based AmTrust Financial Services, Inc., created a new specialist mortgage and credit Man...
05 October 2021
Buckinghamshire Building Society have today announced the launch of their new Bucks Solutions Portfolio to provide extended support to those who have experienced credit issues in the past or who are f...
05 October 2021
Harpenden Building Society has announced the appointment of Richard Doe as its new Chief Executive Officer, subject to Regulatory approval. He brings a broad range of knowledge and experience to the r...
05 October 2021
- Zenplans is a fully managed cloud-based platform that organises, maintains and securely stores clients’ most important personal and financial information, giving them complete peace of mind - Helps...
05 October 2021
Selina Finance has joined the Brilliant Solutions panel, offering its flexible second charge mortgage products to their growing membership of directly authorised (DA) brokers. Selina Finance offers ...
04 October 2021
Halifax Intermediaries has become the latest lender to join Submissions Brain, the new multi-lender application and submission gateway from mortgage technology expert Mortgage Brain. Delivered via an...
04 October 2021
eConveyancer has launched a new panel management partnership with specialist mortgage broker, Haysto. The agreement gives Haysto white-labelled access to a dedicated list of eConveyancer panel firms,...
04 October 2021
Leading second charge mortgage lender, Optimum Credit, has strengthened its sales team with the recruitment of Matthew Batte as Business Development Manager for the South. Matthew, who has previousl...
01 October 2021
Louisa Sedgwick has joined Hampshire Trust Bank (HTB) as deputy managing director, Specialist Mortgages. She joins HTB from Vida Homeloans, where she was managing director of the successful lender, t...
01 October 2021
- Saffron Building Society has undertaken the biggest single policy update in its recent history, to bring policy in line with the modern world. - The policy updates have been influenced by the pande...
01 October 2021
Leading East Midlands Building Society, The Mansfield, is supporting NEXA Finance by providing funding to help property developers and house builders who are seeking to build or refurbish existing res...