Press releases for November 2020
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 December 2020
After announcing a reduction in its residential standard variable rate (SVR), Newcastle Intermediaries has introduced a range of competitive discounted variable rate mortgage products. Effective from...
01 December 2020
‘A Conversation with Shawbrook’ provides a platform for the broker community to share their voice and their experiences of doing business in the current climate The third episode (hyperlink) of ‘A Co...
01 December 2020
Following the news from the Bank of England that households borrowed an additional £4.3 billion secured on their homes in October and the number of approvals hit the highest number since September 200...
01 December 2020
Paradigm, the Mortgage, Protection & Compliance services proposition, has today (1st December 2020) announced it will be running its ‘Reverse Advent’ charity drive, in aid of The Trussell Trust, for t...
01 December 2020
First 4 Bridging (F4B) has appointed Erica Pearce as Head of Intermediary Relations to further extend its intermediary reach. Erica will oversee F4B’s recently opened Manchester-based intermediary su...
01 December 2020
Bridging applications hit their highest ever level in Q3 2020, and completions rose by more than 40% as the market bounced back from the impact of the first lockdown. This is according to the latest...
01 December 2020
Pepper Money has made numerous enhancements to its Residential products, with rate reductions across the range, new criteria categories and improved LTVs. The specialist lender has cut rates across ...
01 December 2020
Over the last month Fiduciam, the institutionally funded short-term lender to SMEs and entrepreneurs, has completed over £22 million of loans to housebuilders under the Coronavirus Business Interrupti...
30 November 2020
Currently like many lenders, Buckinghamshire Building Society is experiencing record volumes of applications and this in turn is causing some processing issues. In order to help us, it is important t...
30 November 2020
The Right Mortgage and Protection Network held its first ever Virtual National Training Event on November 26th 2020 with 545 in attendance. Whether it was for their range of panels, exhibitors, or ev...
30 November 2020
Commenting on the Bank of England Money and Credit figures, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “While it’s a good sign that the mortgage market remains robust with...
30 November 2020
O’Neill Patient LLP (ONP) group, one of the UK’s leading conveyancing practices and a top 70 law firm, has today completed the acquisition of broker platform Conveyancing Alliance Limited (CAL) from U...
30 November 2020
General insurance provider, Berkeley Alexander, has agreed a deal with Hanley Economic Building Society, to be its preferred provider of non-standard landlord and home insurance. Established in 1854,...
30 November 2020
Air Mortgage Club - the distributor for equity release and later life advisers – has today (30th November 2020) announced the launch of a new Large Case Concierge Service for advisers. The new bespok...
30 November 2020
Latest analysis of mortgage activity from the MCI Club has shown a significant drop in completions, with only 22% of purchases completing in July, August, and September. This compares starkly to the f...
30 November 2020
The UK’s largest criteria search system, Knowledge Bank, is launching its hugely popular ‘12 Days of Christmas’ campaign. This is the third year the campaign has been run and is back by popular demand...
30 November 2020
CRM and mortgage management platform, Mortgage Magic, has signed an agreement to provide mortgage and protection brokerage Access Financial Services with a new back office system with full front end i...
27 November 2020
Roma Finance has joined The Loan Partnership’s panel adding increased choice to its bridging, development and buy-to-let proposition. Roma Finance offers a range of solutions across bridging, refurbi...
27 November 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (27th November 2020) launched a revised fifth version of its Cyberfraud and Fraud Protocol which prov...
27 November 2020
Stonebridge, the mortgage and insurance network, has announced a number of new appointments to the business during its AR Update Conferences which took place this week. Recent new joiners as employee...
26 November 2020
Commenting on the Chancellor’s spending review, O’Neill Patient CEO Andy Scaife says: “The Chancellor has focussed on the investment to come and potential for the UK to get back to ‘business as usual’...
26 November 2020
National residential surveying and valuations firm, SDL Surveying, has today (26th November 2020) announced that, despite increased lockdown measures, the level of business volume activity throughout ...
26 November 2020
Following the news that fraudsters have taken advantage of looser rules around universal credit claims during the pandemic we have comment from John Dobson, CEO of anti-money laundering firm, SmartSea...
26 November 2020
Quotevine has partnered with AccountScore to provide a straight-through process for proposals, helping to connect the dots between the UK Finance Ecosystem. Fintech cloud solutions provider Quotevine...
26 November 2020
Comment from John Goodall, economist and CEO of buy-to-let lender Landbay: “In a year that has seen the highest borrowing in peacetime history, the housing market has held up remarkably well. Buoyed ...
26 November 2020
Just Mortgages is holding an Academy in January to bring new blood into the mortgage industry. The broker firm has already received over 750 applicants for its Broker Academy, demonstrating the enormo...
25 November 2020
MCI Mortgage Club has launched its own branded version of Air Sourcing. Tailored to the club’s own panel, the platform provides a streamlined broker experience while leveraging the full capabilities o...
25 November 2020
Movo Health & Life, a division of Movo Insurance based in Orpington, have announced that they will be running a series of six digital marketing webinars to support brokers in 2020 and beyond. The fir...
25 November 2020
Paradigm Protect, the directly authorised protection and general insurance (GI) proposition - which is part of Paradigm Mortgage Services - has today (25th November 2020) launched a series of guides o...
25 November 2020
Alternative Bridging Corporation has completed a refurbishment bridging loan within four days of receiving the initial application. The £250,000 loan was secured on a property in North London valued ...
24 November 2020
Terrafirma, the leading experts in ground risk assessment, today launches the National Ground Risk Model (NGRM): Climate™. This provides lenders with an expertly modelled, ground risk dataset, to help...
24 November 2020
Aspen Bridging has announced a special Christmas rate reduction, offering 0.54% on all deals completed between today (November 24) and December 24. The offer represents an 8.5% drop on the current i...
24 November 2020
The specialist lender has introduced five new team members to their sales desk. Shawbrook’ Property Finance division has grown their sales desk with the appointment of three Business Development Exe...
24 November 2020
Richard Pike, sales and marketing director at Phoebus Software, says “We have now reached a point where the impetus created by the stamp duty payment holiday has taken property transactions above the ...
24 November 2020
Commenting on property transaction figures from HMRC published today, Jonathan Sealey, CEO, of specialist lender Hope Capital said: “With property sales in October up by almost 10% on the previous mon...
24 November 2020
How the Power of Attorney could protect your overseas property purchase. With Brexit looming and the UK in its second official lockdown, individuals are now more likely to experience problems with ov...
23 November 2020
United Trust Bank (UTB) is continuing to expand its Development Finance Division with the appointment of a new Senior Manager supporting housebuilders and developers in the South and East of England. ...
23 November 2020
Portfolio management platform, Lendlord, has launched its new Finance Hub to deliver bespoke, automated finance recommendations to landlords based on their own personal circumstances and portfolio pro...
23 November 2020
Landbay, one of the UK’s leading buy-to-let lenders, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6bn during that period. This massive growth has landed Landbay at number s...
23 November 2020
Just Mortgages, part of the Openwork network, is to launch a new wealth division in January called Just Wealth. In this brand-new venture, Just Mortgages will invest in the futures of the mortgage bro...
23 November 2020
Roma Finance has joined Dynamo for Intermediaries’ panel adding increased choice to its bridging, development and buy-to-let propositions. Roma Finance offers a range of solutions across bridging, re...
20 November 2020
FinTech company, Click2Check, has today (20th November 2020) announced GHL Direct as the latest advisory firm to sign-up for its Credit Assess product - the white-label online solution for mortgage ad...
20 November 2020
Leading UK anti-money laundering (AML) firm SmartSearch has bolstered its global growth ambitions with the appointment of an international development director, to oversee its expansion into US and Eu...
19 November 2020
Today, the MCI Club has appointed Legal & General Home Finance to its growing panel, further strengthening its lifetime mortgage proposition to its members. The move reflects recent research by the m...
19 November 2020
Fiduciam, the institutionally funded short-term lender to SMEs and entrepreneurs, has just completed a £1.18million loan to finance a popular hotel in Cornwall. The loan which falls under the Coronavi...
19 November 2020
Optimum Commercial has added Roma Finance, the specialist bridging, development and buy-to-let lender to its new Optimum Elite Panel. Roma Finance has a mission to help customers create wealth for th...
18 November 2020
Connect for Intermediaries has appointed specialist protection advisers, Umbrella Protect, to its panel in a mission to transform the way that protection is sold. Connect and Umbrella Protect want to ...
18 November 2020
Landbay, one of the UK’s leading buy-to-let lenders, has today launched two new ‘large loan’ buy-to-let products with loan sizes of up to £2m. Previously the maximum loan size available was £1.5millio...
18 November 2020
With this week being International Fraud Awareness Week (15-21 November) and 17,000 reports of investment fraud in the year (28% increase year-on-year), John Dobson, CEO of anti-money laundering firm ...
18 November 2020
Beard has published its half year results, revealing an exceptional performance for the family-run construction firm. This is all the more remarkable given the challenges that all companies have faced...
17 November 2020
Newcastle Building Society is to reduce its residential Standard Variable Rate (SVR). Effective from 1st December 2020, the Building Society’s residential SVR in England, Scotland, Wales and Northern...
17 November 2020
Harley Kagan, currently Group Managing Director of United Trust Bank (UTB), is to become the Chief Executive Officer (CEO) of the Bank from January 2021. The appointment comes as current CEO, Graham ...
17 November 2020
Stockport’s mutual, Vernon Building Society, has appointed Brendan Crowshaw as its head of mortgage and savings distribution. Crowshaw joins from C2B Money Group in Stockport, where he was director o...
17 November 2020
Dudley Building Society, the specialist lender, is committing itself to supporting self-employed customers and is urging advisers not to consider their cases as any more difficult to place than employ...
17 November 2020
Landbay, a leading buy-to-let lending platform, has closed an additional funding deal with a leading asset manager. The asset manager aims to fund in excess of £300 million per year of Landbay origina...
16 November 2020
Staff at Phoebus Software have been keeping busy since lockdown earlier this year and have just completed their second virtual Mount Everest climb as we enter a second national lockdown. Phoebus Soft...
16 November 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (16th November 2020) added Leek United Building Society to its lender panel. From today, Paradigm member firms will be able to...
16 November 2020
Leading valuation market specialists, VAS Group has moved into prestigious 3,000 square feet premises in the heart of Middlesbrough as the business plans future growth through 2021 and beyond. The ne...
16 November 2020
Broker forum cherryplc.co.uk has revealed the most discussed broker gripes about clients, based on engagement with the online broker forum. One of the biggest irritations amongst brokers is working w...
16 November 2020
Mortgage Magic, the CRM and mortgage management platform, will be further enhanced by the addition of a facility to send DIPs and applications directly to every lender in the UK. The prototype has be...
13 November 2020
Fiduciam is growing its operations in Northern Ireland with the granting of a CBILS loan to a wedding and conference venue, Drenagh. Fiduciam has continued to expand its operations in Ireland, both no...
13 November 2020
United Trust Bank (UTB) has increased the maximum LTV available on its range of first and second charge residential mortgage products to 80%. In addition, the Bank has launched a Near Prime residentia...
13 November 2020
First 4 Bridging (F4B) has launched a free 24-hour case checker initiative. This is aimed at providing an option for brokers who may not be specialists in short-term finance to double-check lending te...
12 November 2020
Richard Pike, sales and marketing director at Phoebus Software, responding to today’s figures from the ONS say “Today’s GDP figures are unsurprising, and although GDP shows good growth in Q3, it is st...
12 November 2020
Specialist property finance trade body, FIBA, is proud to announce that it will hold its Annual Conference 2021 on the 20th January, aiming to launch the New Year with positivity. The event, which wi...
11 November 2020
The specialist lender delivered the loan ahead of the customers’ target date. Shawbrook has completed a £1.18m developer exit bridging loan for a highly experienced property developer seeking short-...
11 November 2020
Suros Capital has been formally launched today to provide short-term lending facilities specifically aimed at people looking to raise money quickly, secured against luxury assets including jewellery, ...
11 November 2020
Air Group, the collective of companies covering a range of retirement and later life services, has today (10th November 2020) announced its first equity release provider ‘Temperature Check’ focusing o...
11 November 2020
Richard Pike, Phoebus Software sales and marketing director, says “The UK appears to be on an employment knife-edge. The sharp rise in redundancies, coupled with rising unemployment and benefit claima...
11 November 2020
- Saffron for Intermediaries is holding the third webinar in the SFI Live series focusing on ExPat BTL with experts in the field. - As part of the interactive webinar, intermediaries will have the op...
11 November 2020
Kuflink, the P2P based bridging lender, has announced that new investment levels have recovered to pre-COVID levels as the platform approaches a new high of £95m. The company, which has been a long-t...
09 November 2020
FinTech company, Click2Check, has today (9th November 2020) announced a new partnership with cyber security firm, Beyond Encryption, to utilise its Mailock secure email solution. Central to its focus...
09 November 2020
Complete FS Ltd is working with Roma Finance, the bridging, buy-to-let and development finance lender to offer a brand new buy-to-let exclusive. The new product offers £250 cashback on a medium term ...
05 November 2020
The residential market showed the most consistency out of all seven categories of broker’s criteria searches recorded by Knowledge Bank in October, with ‘COVID-19: Temporary Maximum LTV Restrictions’ ...
05 November 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (5th November 2020) launched a new eBook for advisers entitled, ‘Lending to the self-employed’. Written with involvement from ...
05 November 2020
- More than two in five (47%) senior decision makers have some level of distrust in automated customer authentication checks - 21% say they do not trust any checks to be automated at all - Almost on...
04 November 2020
Air Group, the collective of companies covering a range of retirement and later life services, has today (4th November 2020) launched ‘On Air’, an on-demand event for advisers available from Tuesday 2...
04 November 2020
4th November 2020: General insurance provider, Berkeley Alexander, has agreed a two-year exclusive deal with specialist buy to let and commercial mortgage broker, Mortgages for Business, to be its pre...
04 November 2020
Landbay, one of the UK’s leading buy-to-let lenders, has today launched two new buy-to-let products with market leading rates. These new products, launching on the back of Landbay’s recent product ref...
02 November 2020
The Principle Trust was established in 2011 and is a Yorkshire-based Children’s Charity supporting underprivileged, disadvantaged, and disabled children and their families through the provision of fre...
02 November 2020
Evolution Money, the specialist second charge lender, has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage criteria search system. It holds the full...
02 November 2020
Today, Greenfield Mortgages joins the Dynamo for Intermediaries panel of bridging lenders, giving club members access to Greenfield’s full range of regulated and unregulated bridging products. Averil...
