Press releases for October 2024
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
16 October 2024
Simon Webb, managing director of capital markets and LiveMore, commented: "The decline in inflation by 0.5% to 1.7% in the 12 months to September 2024, could suggest that inflationary pressures are e...
16 October 2024
Mark Michaelides, chief commercial officer at Molo Finance, the digital buy-to-let lender and ColCap company, said: “This will be very welcome news for businesses and consumers – and no doubt for the ...
16 October 2024
The head of national brokerage Just Mortgages has called on the Chancellor to put forward a replacement for Help to Buy in the upcoming Budget, to support first-time buyers joining the property ladder...
15 October 2024
Specialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group has launched a brand new buy to let limited edition 1 year fixed product. It has been designed to help brokers and thei...
15 October 2024
15 October 2024: Acre’s Consumer Duty dashboards are tailored for each user profile, giving them actionable insight that help them write compliant business. Individual brokers can monitor their own ca...
15 October 2024
Following the recent rate reductions across our Prime and Impaired product ranges, we are pleased to announce a further product repricing, with rate reductions of up to 70 basis points (bps) across ou...
15 October 2024
Specialist lender, Marsden Building Society has announced an increase in the loan-to-value (LTV) across its Later Life, Lending into Retirement and Retirement Interest Only (RIO) mortgage products. ...
14 October 2024
Company will consider lending more than £5m on a case-by-case basis BRISTOL, 14 October 2024 Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, is announcing a ‘white glove’ servic...
14 October 2024
14 October 2024 – UK later life lender, Standard Life Home Finance, has today announced the launch of a new series of online clinics for advisers active, or interested in becoming active, in the later...
14 October 2024
Buckinghamshire Building Society has announced an extensive product repricing, with rate reductions of up to 70 basis points (bps) across its Buy-to-Let, Holiday Let, and First-Time Buyer products. I...
11 October 2024
London, 11 October 2024 Tuscan Capital, the short-term property finance specialist powered by Allica Bank, has today revealed an expanded product and service proposition designed to support a wider r...
11 October 2024
Following the release of the latest ONS construction output figures, which shows a 0.4% increase in construction output and total housing grow by 2.7% in August, we have a comment from Spicerhaart Par...
10 October 2024
• Growing proportion of commercial brokers seeing decreased demand from SMEs for finance • Economic uncertainty, specifically the Budget, blamed for slowdown in appetite • Property purchase remains ...
10 October 2024
Economic uncertainty and the prospect of tax changes being introduced in the upcoming Budget are behind a slowing appetite for external funding, Atom bank’s ‘SME Pulse’ for Q3 2024 has revealed. The...
10 October 2024
Rockstead has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member. Rockstead was established in 2008 to provide a range of services to...
10 October 2024
Halifax, Birmingham Midshires and Scottish Widows brands unite to prioritise mental health in the mortgage industry Lloyds Banking Group, through its leading Halifax Intermediaries, Birmingham Midshi...
10 October 2024
more2life, the later life lender, has today (10th October 2024) announced it has reduced the early repayment charges (ERCs) on its Maxi range of lifetime mortgages. From today, more2life is reducing ...
10 October 2024
Foundation Home Loans has today (Thursday 10th October) announced the promotion of Nathan Goodridge to Head of Sales. Nathan joined Foundation Home Loans in February 2022 as a National Sales Manager,...
09 October 2024
Hinckley & Rugby Building Society has launched its first fixed-rate mortgage products within its Specialist mortgage range. The launch includes two 2-year fixed-rate products and two 5-year fixed-rat...
09 October 2024
‘The ‘Buy to Let’ brand of specialist lender, Foundation Home Loans, has today (9th October 2024) announced a number of new product additions to its range covering larger HMOs, Multi-Unit Freehold Blo...
09 October 2024
Mortimer Street Capital has arranged a £1.4m care home purchase in Kent with funding from two lenders, TAB and LendInvest. The client wished to purchase a 30 bedroom care home in Margate and Mortime...
09 October 2024
Aspen Bridging’s in-house planning consultant played in integral role in ensuring a developer received a £1,130,000 Development Exit loan in just 14 days to allow much-needed time to resolve outstandi...
09 October 2024
Nearly a third of commercial finance brokers say they frequently encounter difficulties in securing funding for their clients due to changes in funder policies, latest survey data from Asset Advantage...
09 October 2024
Loans Warehouse is thrilled to announce its selection as the strategic partner for the Fiducia Commercial Network, providing expert services for both Second Charge Residential Mortgages and Regulated ...
08 October 2024
Atom bank, the UK’s first app-only bank, has appointed Ayshea Robertson as its new Chief People Officer (CPO). Ayshea joins from Zen Internet, the internet service provider, where she spent six years...
08 October 2024
United Trust Bank (UTB) Mortgages has announced rate reductions of as much as 164bps across its Second Charge product range. The specialist lender is now offering second charge interest rates from as...
08 October 2024
Alternative Bridging Corporation has announced a new funding relationship of up to £200m to support its current demand for loans and the continued growth of its business. The new warehouse facility f...
08 October 2024
Hampshire Trust Bank (HTB) has introduced a new Business Development Executive (BDE) role within its bridging team, designed to provide brokers with an even greater level of service. The move aims to...
08 October 2024
Hanley Economic Building Society has reduced the rate on its 95% LTV two-year fixed rate mortgage by 0.31% and introduced a fee-free five-year fixed rate retirement interest-only (RIO) mortgage with n...
07 October 2024
LHV Bank has successfully facilitated a commercial mortgage for Broxmouth Park Estate, a luxury wedding and corporate event venue located in Scotland. The facility was used to refinance the estate’s e...
07 October 2024
Buckinghamshire Building Society has introduced a comprehensive product repricing, with rate reductions of up to 20 basis points (bps) across its Prime product range and up to 30 bps across its Impair...
07 October 2024
Castle Trust Bank has cut rates across its range, including Heavy Refurbishment with Drawdowns, Light Refurbishment and its Buy to Let product, TermTen. The rate on Castle Trust Bank’s popular Heavy...
07 October 2024
United Trust Bank Mortgages has announced that Barry Luhmann has moved into the newly created role of Customer Support and Strategy Director – Mortgages with Dave Burke taking over Barry’s previous ro...
07 October 2024
HLPartnership (HLP), the dedicated mortgage and protection network, is delighted to announce the appointment of Preeti Ferrier as Regional Sales Manager for the South, as part of its continuing strate...
07 October 2024
• 10% of tenants find their rent ‘barely manageable’ or ‘unaffordable’ • 50% have seen their rent increase in the past year by an average £100 a month • 81% say their rent represents value for money ...
07 October 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has reduced rates on its lifetime mortgages, a type of equity release. LiveMore’s ‘Lifetime Mortgage – Lite’ pricing has been cut by 0.29...
04 October 2024
Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has announced a new partnership with Loans Warehouse. Loans Warehouse is one of the UK’s largest bridging...
04 October 2024
Hinckley & Rugby for Intermediaries has announced significant improvements to its Income Flex product criteria, providing more flexible lending options for borrowers with non-standard income sources. ...
04 October 2024
conveybuddy, the innovative conveyancing technology provider, has announced a new charitable initiative aimed at supporting vital causes across the UK. For every completed remortgage, sale, survey, o...
04 October 2024
Broker Conveyancing, the broker-focused conveyancing distributor, has today (4th October 2024) announced the launch of a new prize draw incentive for those advisers instructing surveys on its platform...
04 October 2024
Hampshire Trust Bank (HTB) has introduced dual representation for bridging cases, expanding its legal panel to include HCR Law. This move simplifies the legal process for brokers and their clients by...
03 October 2024
A new report, The Economic Footprint of Home Building, produced in association with United Trust Bank, shows that last year home building in England and Wales generated £53.3bn of economic output and ...
03 October 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (3rd October 2024) released the latest iteration of its Buy-to-Let Rental Barometer covering Q3 2024 rental yields across England and Wales...
03 October 2024
Despite Open Banking being revolutionary in the way people interact with and manage their finances, six in 10 (60%) UK adults are unaware of Open Banking and its benefits, according to new research fr...
03 October 2024
‘The ‘Residential’ brand of intermediary-only specialist lender, Foundation Home Loans, has today (3rd October 2024) announced the launch of new Limited Edition, Remortgage Only, Fee-assisted two- and...
03 October 2024
Aspen has completed a £6.95m Light Development loan at 75% LTV in just five days on a super-prime near-complete project in Kensington, London. The developer, a Nigerian national, plans to complete t...
03 October 2024
The majority of landlords (75.4%) are very concerned about plans to abolish Section 21 ‘no fault’ evictions, announced as part of the Government’s recently published Renters’ Rights Bill. In a survey...
02 October 2024
Swansea Building Society has announced the launch of two new mortgage products available from October 1, 2024. These products are specifically designed for limited companies looking to invest in buy-t...
01 October 2024
United Trust Bank is continuing to develop its Bridging Sales Team to deliver the Bank’s ambitious growth plans into 2025 and beyond and ensure excellent broker service and support. Paula Purdy has ...
01 October 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus has appointed David Wilson to chief operating officer (COO). Wilson joins from Barclaycard UK where he was director of operations, accounta...
01 October 2024
Black & White Bridging, the specialist bridging lender, this week opens two new offices. It is expanding out of its base near Bath, to open offices in London and Manchester, tripling its number of loc...
