Press releases for November 2021
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01 December 2021
Ying Tan, founder and former CEO of leading mortgage broker Dynamo, has today acquired a significant stake in Knowledge Bank a rapidly growing fintech. Knowledge Bank is the UK’s leading criteria sear...
01 December 2021
According to research by Foundation Home Loans, the intermediary-only specialist lender, four out of five renters want to own a property in the future however cite a number of financial barriers as po...
01 December 2021
Castle Trust Bank is offering a cashback of up to £5,000 + VAT on valuations fees across its entire product range. The offer applies to all valuation fees paid on or after 1st December 2021, where th...
01 December 2021
Jonathan Frankel, litigation partner at Cavendish Legal Group, said: “It is incredibly positive that the Leasehold Reform Bill has passed its first stage in the Commons unopposed. It clearly shows the...
01 December 2021
Ian Workman joins from Barclays, where he headed up SME banking relationships New SME lender, Recognise Bank, has appointed Ian Workman as its Managing Director of Commercial Banking. Workman joins f...
30 November 2021
Molo is thrilled to win the award for best ‘WOW Moment in Lending’ at the Fintech Finance Awards. The fintech startup adds the FF Award to a collection of achievements including recognition from the ...
30 November 2021
United Trust Bank (UTB) Structured Property Finance has provided a £1.5m planning gain facility to Leyton Cross Holdings Ltd. The 2 year loan gives the company time and flexibility to maximise their i...
30 November 2021
Leading criteria search system, Knowledge Bank is bringing back its immensely popular ‘Twelve days of Christmas’ campaign. 2021 will mark the fourth year Knowledge Bank has run the daily prize draw, w...
30 November 2021
Hanley Economic Building Society has announced exceptional financial results for the year ending 31 August 2021, reporting an outstanding commercial performance whilst maintaining service for members ...
30 November 2021
Paradigm, the mortgage, protection and compliance services proposition, has today (30th November 2021) launched its fourth annual ‘Reverse Advent’ charity drive, in aid of The Trussell Trust. The Tru...
30 November 2021
Bridging lender TAB has completed a £4,550,000 1st charge bridging loan on a development in Canterbury in conjunction with broker Opes. Biggleston Yard, named after the historic family-based business...
30 November 2021
Mortgage Broker Tools (MBT) has added Metro Bank to its MBT Affordability research platform. MBT Affordability, which already features the largest panel of Residential lenders of any affordability p...
29 November 2021
John Phillips, national operations director, Just Mortgages: “After what feels like an eternity, we have finally made it past the stamp duty holiday. The clouds are clearing and a true picture of the ...
29 November 2021
Jonathan Sealey, CEO at specialist lender Hope Capital, said: “The publication of the Bank of England statistics reveals individuals borrowed £1.6 billion of mortgage debt on net in October, compared ...
29 November 2021
John Phillips, national operations director, Just Mortgages: “After what feels like an eternity, we have finally made it past the stamp duty holiday. The clouds are clearing and a true picture of the ...
29 November 2021
Richard Pike, Phoebus Software sales and marketing director, says “The problem for the market at the moment doesn’t appear to be appetite, it is rather one of supply. With Propertymark reporting an av...
29 November 2021
Foundation Home Loans, the intermediary-only specialist lender, has today announced cuts to both two- and five-year fixed rates at higher LTVs within its residential F1 range for borrowers with comple...
29 November 2021
United Trust Bank (UTB) has announced the restructure of its Mortgage Sales Team reflecting the strong growth of the Mortgage Division and its continued commitment to support the broker market and ach...
29 November 2021
Deal enabled the borrower to release equity towards next project Recognise Bank has announced the completion of a £1.75m Professional Buy-to-Let (PBTL) deal for a PDR (Permitted Development Rights) s...
29 November 2021
- Over 450 members attended network’s third virtual National Training Event yesterday - Over 50 lenders and provider partners exhibited on the day - Guest speaker, Andy Hanselman impressed with his ...
29 November 2021
Key members of the London Belgravia Group have set up their own insurance and financial advisory firm, J3 Advisory. Jack Bristow, Johnny Leadsom and James Mole, all well-known names in the latent def...
26 November 2021
Visionary Finance, the specialist buy-to-let and new build broker, has appointed Neill Henderson as Head of Operations. Neil brings a wealth of experience exceeding 20 years in property and financia...
26 November 2021
Vernon Building Society has relaunched its intermediary website to make it easier for mortgage brokers to find what they need and do business with the lender. The mutual has invested in its digital b...
26 November 2021
BuildLoan has welcomed the launch of the new Help to Build Equity Loan Scheme and hails its arrival as a major boost to the self and custom build sector. Available to prospective self and custom buil...
25 November 2021
Foundation Home Loans, the intermediary-only specialist lender, has today broadened its owner-occupied proposition with the launch of products with enhanced loan-to-income limits for professionals. F...
25 November 2021
Fiduciam has provided a £3.2m permitted development facility helping an innovative developer complete a unique custom build development. The 24-month facility refinanced the borrower’s existing debt a...
25 November 2021
Just Mortgages’ academy is welcoming a record number of attendees into its industry leading training programme. 18 trainees are going to learn the ropes of broking in the five-week course that will t...
25 November 2021
The UK’s housing stock is one of the oldest in Europe. Approximately 20% of our homes were built pre-1919, 85% use a gas boiler for heating, and approximately 50% have uninsulated walls, according to ...
25 November 2021
Suros Capital has launched a new facility for advisers and their customers to provide immediate short term funding for future projects or purchases, based on the advance valuation of luxury assets suc...
25 November 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (25th November 2021) announced a series of changes and promotions within its senior management team. Sunny Lo, Chief Financial Officer, at...
25 November 2021
Alternative Bridging Corporation has launched a new website with improved navigation and functionality. The new website has been optimised to deliver brokers and customers with an enhanced user expe...
25 November 2021
360 Dotnet have enhanced their integration with software company Twenty7Tec by integrating with APPLY, enabling users of 360 to submit applications to multiple lenders without the need to re-key data....
24 November 2021
Funding round led by new investor Atalaya Capital Management, alongside Allica’s existing lead investor Warwick Capital Partners New funding will support Allica’s continued scaling as well as acquisi...
24 November 2021
Newcastle Intermediaries has updated its self and custom-build proposition by extending the availability of the range and removing reservation fees. Available through BuildLoan, the lender’s self a...
24 November 2021
- Saffron recently undertook the biggest single update to criteria in its 170+ year history. - The ‘Let’s Get Them Home’ campaign launches to brokers today focussed on new criteria and reduced rates...
24 November 2021
The figures reported directly to Loans Warehouse from second charge lenders confirm lending totalled £123.6 million in October 2021. Researching figures published by the FLA since the Credit Crunch, ...
24 November 2021
West One Loans’ buy-to-let division has announced a range of product and criteria changes, including reduced rates on its new GREEN product range and new Limited Edition loans. Taking effect from tod...
24 November 2021
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Stephen Wrigley as a Business Development Manager (BDM) to cover the South West of England and Wales. Stephen has over...
24 November 2021
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has completed a full API integration with second-charge mortgage lender, Evolution Money. T...
24 November 2021
The alternative finance sourcing system, Pitch 4 Finance, has created a business development service for brokers once they have completed on a mortgage transaction. Post completion, brokers are provi...
23 November 2021
Allica Bank excited to offer a secure and sustainable home to AIB SME lending customers in Great Britain. Acquisition brings forward Allica Bank’s target profitability date to the middle of 2022, wit...
23 November 2021
John Phillips, national operations director at Just Mortgages said: “After an erratic 18 months, with record high spikes in activity, the property market should now settle with transactions levelling ...
23 November 2021
Richard Pike, Phoebus Software sales and marketing director, says “Although these may be provisional figures from HMRC, it is difficult to imagine that the confirmed figures will show much difference ...
23 November 2021
November 23rd, 2021. Harpenden Building Society has announced a range of product enhancements and reduced rates. New mortgage rates, fees and lending scope now include: 1.99% (inc ERC) and 2.49% ...
23 November 2021
The panel at finova Payment & Mortgage Services has been enhanced with the addition of BuildLoan, the UK’s largest self and custom build mortgage distributor. This opens up even more choice to finova...
23 November 2021
Buzz Capital has become the latest lender to join the Association of Short Term Lenders (ASTL). Brighton-based, Buzz Capital provides simple, straightforward bridging finance up to 75% LTV for a ran...
22 November 2021
Selina Finance, provider of a range of flexible secured loans, has today (22 November) announced that it is increasing its maximum loan to value (LTV) to 85%. Two-year, five-year and variable rate p...
22 November 2021
Matt Surridge has joined Proportunity as national account manager and will be the main point of contact for brokers as the firm grows its intermediary distribution channel. With a wealth of mortgage ...
22 November 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (22nd November 2021) announced the appointment of a new Business Development Manager (BDM) for the North West region. Donna Johnson joins ...
22 November 2021
Air Club, the leading later life services platform, has today (22nd November 2021) announced details of its conference taking place online on Thursday 25th November. The Conference will focus on the ...
22 November 2021
£5m Professional Buy-to-let (PBTL) deal completed soon after launch of new product Recognise Bank has announced the completion of a £5 million Professional buy-to-let (PBTL) refinance deal on a large...
22 November 2021
The trade and representative bodies representing the legal, surveying, estate agency and property management sectors, including the Conveyancing Association (CA), have today (22nd November 2021) launc...
19 November 2021
Brightstar Financial has announced a special ‘DIP in a Day’ event in partnership with Allica Bank on Monday 29th November. The event will feature an onsite underwriter from Allica Bank who will be d...
19 November 2021
Do your clients have a dream of home improvements? With Bank of England interest rates expected to rise, now is the perfect opportunity to improve the space we live in making it enjoyable for all the...
18 November 2021
The latest ASTL data shows the bridging market continuing to deliver strong, sustainable growth in Q3 2021, with applications and loan books both higher than in Q2, while the value of loans in default...
18 November 2021
Financial advice firm, Just Wealth has launched a new industry leading digital marketing support package, which it provides as a complimentary service for all its self-employed advisers. Developed by...
18 November 2021
United Trust Bank (UTB) is funding the £28.9m redevelopment of a former hotel site being undertaken by the multi award-winning housebuilder, Acorn Property Group. The development is situated in the ...
18 November 2021
Specialist Finance Centre (SFC), the second charge and specialist finance packager, has announced the launch of its proposition into Scotland as it continues its ambitious expansion strategy. SFC Sco...
18 November 2021
Air Club, the leading later life services platform, has today (18th November 2021) launched a new proposition, WriteRoute, to provide enhanced support to aid the adviser journey. WriteRoute is Air Cl...
18 November 2021
New research from anti-money laundering specialist SmartSearch has found regulated businesses are wasting hours processing physical documents for ID checks. The survey of 500 regulated firms* in the ...
18 November 2021
Black & White Bridging has appointed Mason Ward to help develop and manage new and existing intermediary relationships for the lender. Mason, who has previous experience of the industry with Funding ...
18 November 2021
Pepper Money, has closed its largest second charge securitisation to date. The £350m securitisation of second charge mortgage loans originated by Optimum Credit, follows Pepper Money’s largest first...
17 November 2021
The latest Mortgage Broker Tools (MBT) Affordability Index has found that borrowers who have an element of variable income are being offered an average maximum loan size 19% lower than the overall mar...
17 November 2021
- New loan for professional landlords and investors with existing property portfolios - Launches with a headline rate of 3.49%, with fixed and variable rate options Recognise Bank has entered the buy...
17 November 2021
Newcastle Building Society has announced the first completions in the UK under the innovative industry-led Deposit Unlock scheme. The first purchases completed in November, including a property in N...
17 November 2021
Enra Specialist Finance has appointed Aris Karidis as its new Chief Technology Officer (CTO) to oversee the development of its industry leading technology. With over 18 years of experience developing...
16 November 2021
New analysis from criteria search specialists, Knowledge Bank has found brokers are working with a significant number of borrowers who have recently started a new role. With an estimated 1.32m people...
16 November 2021
Hope Capital has today announced it has extended a number of its bridging finance products to enhance its competitive offering in Scotland. This includes increasing the maximum loan amount from £1m to...
16 November 2021
UK, November 16 2021: A collaboration between Scottish Building Society and mortgage technology expert Mortgage Brain has led to the launch of a new affordability calculator by the mutual. The calcul...
16 November 2021
For mortgage and protection advisers there is no disagreement that managing a bank of clients from the initial meeting until completion is hard work. As an adviser you are responsible for supporting e...
16 November 2021
Connect has expanded its leadership team with the appointment of Jane Benjamin in the newly created role of Director of Mortgages. The mortgage network, packager and adviser company operates under the...
16 November 2021
Stonebridge, the national mortgage and insurance network, has today (16th November 2021) announced its Check, Action & Resolve (CAR) system has surpassed over 800,000 checks across 21,000 mortgage tra...
16 November 2021
The F4B Network has introduced a free admin support package for its ARs. The aim of this initiative is to allow ARs to dedicate a greater proportion of their time to client engagement and generating m...
15 November 2021
Leading broker firm, Just Mortgages has reached a new milestone with the 400th self-employed broker joining its team. This marks an incredibly rapid expansion, as the firm started with just three brok...
15 November 2021
The Brightstar Group has announced a week of activities across its businesses to mark International Men’s Day on 19th November. International Men’s Day is a globally celebrated occasion which recog...
12 November 2021
Nathan Mollett, United Trust Bank (UTB) Head of Asset Finance, has won the Lifetime Achievement Award at the Asset Finance Connect Awards 2021. The award recognised Nathan’s work with The Leasing Fou...
12 November 2021
12 November 2021: Air Group, the leading later life services platform, has signed an agreement with wealth management group, St. James’s Place (SJP), to supply its suite of services to support and bui...
12 November 2021
UK, November 12 2021: All intermediaries using Submissions Brain, the latest innovation from mortgage technology expert Mortgage Brain, can request decisions in principle (DIPs) from Leeds Building So...
12 November 2021
In response to broker demand, Dudley Building Society has increased the maximum loan size on its Large Loan product from £1.5m to £2.5m. Dudley will now lend up to 70% LTV on loans from £1.5m - £2.5m...
11 November 2021
The Financial Intermediary & Broker Association (FIBA) and Association of Short Term Mortgage Lenders (ASTL) have collaborated to launch a proposal for an ongoing programme of education for the commer...
11 November 2021
Pepper Money has launched a range of Help to Buy products as part of its Affordable Home Ownership proposition. The lender will offer Help to Buy options on its Pepper 48, Pepper 36 and Pepper 24 pr...
11 November 2021
Thorough research is even more important for investors in HMOs and holiday lets according to the latest Affordability Index by Mortgage Broker Tools (MBT). Analysis of real cases processed through th...
11 November 2021
Fraser Johns, finance director at Beard said: “The growth recorded in September is an encouraging sign. Following a concerning trend of declining output, this will hopefully mark a turning point for t...
10 November 2021
While climate action is always a huge topic of discussion – especially so at present with the rolling coverage of COP26 - The new partnership will see a tree planted on behalf of clients for every mor...
10 November 2021
Pink Pig Loans, the specialist finance packager and distributor, has today (10th November 2021) announced it has secured a £1,080,000 bridging facility for a client who needed to purchase their onward...
10 November 2021
Air Mortgage Club, the leading later life services platform, has today (10 November 2021) issued the final results from its ‘Later Life Lending Census’ of advisers either currently active, or wanting ...
10 November 2021
Metro Bank has joined the lending panel of finova Payment & Mortgage Services, previously known as MCI Mortgage Club, which rebranded last month. Club members now have access to Metro Bank’s range of...
10 November 2021
Almost a third (28%) of regulated firms in the UK claim that analysing hard copies of documents is the most reliable method for identifying fraud - according to new research by leading RegTech firm Sm...
09 November 2021
Keep reading to find out about our 5 year fixed remortgage product, enhanced application process and how you could fast track your clients’ cases! 5 Year Fixed Remortgage Product launched - In resp...
09 November 2021
Based on extensive feedback from Mortgage Brokers, Buckinghamshire Building Society have today announced the launch of an enhanced application process that makes submitting a DIP and application simpl...
09 November 2021
In response to a significant shift in market conditions, supported by insights by Experian suggesting that almost 6% of all homeowners could be coming to the end of their fixed term deal over the next...
09 November 2021
Stockport’s mutual, Vernon Building Society, has added two new fixed rate mortgages to its residential range. The new products include a two-year fixed rate at 1.99% with a £1,499 fee, and a five-yea...
09 November 2021
Specialist short-term lender, Hope Capital, has launched a brand-new product, which enables borrowers to complete their residential development. The Finish & Exit bridging loan product provides up to...
09 November 2021
West One Loans buy-to-let division has been added to Brilliant Solutions’ growing direct to lender panel, a move which will further boost the lender’s desire to be the ‘go-to option’ for brokers in th...
09 November 2021
BuildLoan has launched eight new products for self and custom builders funded by the Furness Building Society. The new products replace the Society’s existing range with initial rates 0.2% - 0.24% bel...
09 November 2021
Specialist Hub, the specialist finance broker, has today announced it has been appointed to the packager panel of buy-to-let specialist lender, Fleet Mortgages. Specialist Hub’s lending portfolio inc...
08 November 2021
United Trust Bank (UTB) has appointed Astrid Michael as its new Head of Sales for its Asset Finance division following the retirement of Keith Sangwin earlier this year. Astrid has worked in the Asse...
08 November 2021
8th November 2021: General insurance provider, Berkeley Alexander, has appointed two new Broking Advisors to its team. James Wood joins from the insurance broker Professional Insurance Agents, where ...
08 November 2021
The F4B Network has partnered with Landbay to bolster its lending panel. This partnership will provide F4B Network members with access to Landbay’s extensive buy-to-let proposition – including its re...
08 November 2021
Alternative Bridging Corporation has strengthened its underwriting team with the recruitment of Robin Turnbull as its new Head of Underwriting. Robin has more than 30 years’ experience in financial s...
08 November 2021
National broker firm Just Mortgages has launched new digital marketing packages to support brokers in generating leads. These packages are Just Mortgages’ latest initiative in supporting brokers, a ke...
05 November 2021
IdentityChecker, the identification and anti-money laundering check service, has launched biometric facial ID checks. The system removes the need for customers to either hand over original documents...
05 November 2021
Despite self-employed landlords being hardest hit by the pandemic, only 1% expect to lose their business as a result of Covid-19, according to new research for Foundation Home Loans. The Q3 research ...
05 November 2021
Mansfield Building Society has cut rates on seven existing mortgage products and introduced two new products in an update to its residential range available across England, Wales and Scotland. The so...
05 November 2021
Tanya Toumadj, CEO at Mortgage Broker Tools, says: "It was somewhat of a surprise that the Bank of England chose to hold the Base Rate at 0.1% this month and many lenders have already increased the c...
04 November 2021
Hope Capital has today announced it has further strengthened its team with three key appointments. The firm’s sales team has been further boosted with the appointments of Charlie Gregory and Jamie Gi...
04 November 2021
Specialist buy-to-let-lender Landbay has launched a brand new suite of five-year fixed rate remortgage products for loans between £250,000 and £500,000. As November is traditionally a busy remortgage...
04 November 2021
Richard Pike, Phoebus Software sales and marketing director, says “Now we know the result of this week’s vote the ‘Will they? Won’t they?’ question has been answered, at least for now. Reason dictates...
03 November 2021
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (3rd November 2021) announced details of its 2021 Annual Conference & Dinner taking place at the ICC ...
03 November 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (3rd November 2021) announced it is back to offering 80% LTV buy-to-let products across two of its three core areas of lending – standard a...
02 November 2021
Following the recent launch of the Mortgage Industry Mental Health Charter (MIMHC), finance firms are stepping forward to support and join the new non-profit organisation. Kim McGinley, Managing Dir...
02 November 2021
A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, outlined that 94% of brokers are yet to ‘sell’ a green mortgage p...
02 November 2021
Air Mortgage Club, the leading later life services platform, has today (3rd November 2021) issued further results from its ‘Later Life Lending Census’ of advisers either currently active, or wanting t...
02 November 2021
According to research by Foundation Home Loans, the intermediary-only specialist lender, almost two-thirds of self-employed individuals believe it is more difficult for them to secure a mortgage, and ...
02 November 2021
November 2nd, 2021. Harpenden Building Society has partnered with Tenet Mortgage Solutions (TMS) to introduce a range of exclusive discount mortgage products to long serving or senior police officers,...
02 November 2021
The four new products replace the Society’s existing range with initial rates 0.25% below the previous equivalent products, reducing its lowest rate from 3.90% to 3.65%. All products have advance sta...
02 November 2021
Leading broker firm, Just Mortgages has launched a new nationwide initiative to teach children the importance of financial management. As part of the campaign, brokers from Just Mortgages’ self-emplo...
01 November 2021
Bristol, – Figures from The Deposit Protection Service (The DPS) have suggested that students returned to university in greater numbers this year compared to 2020. The UK’s largest protector of tenan...
01 November 2021
Leading anti-money laundering specialist SmartSearch has enhanced its industry-leading international business reports service, with the addition of 97 new countries to its online platform. The improv...
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...