Press releases for December 2020

24 December 2020

Foundation Home Loans, the intermediary-only specialist lender, has today (22nd December 2020) announced it will now accept ‘No-Search Indemnity Insurance’ for purchase and remortgage transactions, wi...

21 December 2020

2020 has been full of changes all over the world, perhaps more than ever before. Source has been making big changes too. Lee Denton has been representing the London and South East England region as a...

21 December 2020

Connect for Intermediaries, the specialist network, packager and referral partner, has just joined the Society for Mortgage Professionals (SMP) as an associate firm. Being an associate firm demonstra...

21 December 2020

- Half of senior decision makers in accounting (50%) have some level of distrust in electronic AML checks - 17% say they don’t trust any customer authentication checks to be automated at all - Almost ...

21 December 2020

National residential surveying and valuations firm, SDL Surveying, has today (18th December 2020) revealed an increase in the number of transactions placed through the business during the year has fue...

21 December 2020

ULS technology have today launched its latest product to eConveyancer and DigitalMove clients – Homebuyer Protection, supplied by Surewise Ltd. eConveyancer introducers can now offer their clients th...

21 December 2020

Stockport’s building society boosted each donation of £5 or more by an extra £10 The Vernon’s Christmas Toy Appeal has raised an incredible £6,000 to help children supported by Cheadle-based charity...

17 December 2020

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has completed a full integration with second charge lender Oplo. The integration will see O...

17 December 2020

Conveyancing Alliance Limited (CAL), the conveyancing distributor which also includes Broker Conveyancing, has become the latest founder member to join the Mortgage Market Alliance (MMA). CAL provide...

17 December 2020

The mutual’s specialist lending solutions include holiday let mortgages and a 100% Buy for Uni product Stockport’s Vernon Building Society has relaunched its mortgage range to brokers, featuring a w...

17 December 2020

Paul Brett, managing director of intermediaries at Landbay, is to be the panel chair at FIBA’s Annual Conference and Expo, taking place on the 20th January. The annual conference will feature intensi...

17 December 2020

Specialist conveyancer achieves highest RPL of all firms. O’Neill Patient LLP (ONP) group is now a top 100 UK law firm, with the highest income per lawyer of any law firm in the country – significan...

17 December 2020

West One’s Buy to Let division launches its first mortgage club today [December 17], with Dynamo for Intermediaries. The move is a key step in the specialist lender’s growth strategy for 2021, as it ...

16 December 2020

- 15 new clients signed - 7 new propositions - Appointed COO - 2021 expecting a growth in asset, consumer and automotive finance London, December 14th 2020 - Quotevine, the leading Fintech provider o...

16 December 2020

Aspen Bridging has completed a £450k facility to fund the final build stages of a Passivhaus development in Hertfordshire. By displaying their competency and having self-funded the development up to...

16 December 2020

In an exciting move, Dynamo for Intermediaries has negotiated exclusive access to Molo Finance becoming the first mortgage club to partner with the digital lender. The launch is limited initially to ...

16 December 2020

Recent research from over 1,500 consumers, who had purchased a mortgage recently, saw 56% going direct to the lender with 49% citing that they felt more secure dealing direct. But for those that did e...

16 December 2020

More than 3,000 new brokers now have access to MBT Affordability through their mortgage clubs and networks, following the successful launch of a number of partnerships with Mortgage Broker Tools. Me...

16 December 2020

VAS Group has donated £1,500 worth of toys and £500 cash to Mission Christmas, a nationwide charity drive to make a difference this December to children living in poverty. With 2020 proving a hugely...

15 December 2020

Commenting on HM Treasury statement that it does not intend to extend the March 31 deadline for the SDLT holiday, Andy Scaife, CEO at leading conveyancer and top 100 law firm O’Neill Patient, said: “O...

15 December 2020

Fleet Mortgages, the buy-to-let specialist lender, has today (15th December 2020) announced a number of criteria changes designed to provide greater flexibility to landlords. The new criteria are eff...

15 December 2020

Avamore Capital has integrated Nivo’s ID verification and messaging technology with the aim of further digitise their end-to-end lending process and make it as easy as possible for customers to submit...

14 December 2020

As the end of what has been a difficult year approaches, Mortgage Business Expo (MBE) can confirm that it will be open for business in 2021. The Leeds event will return to the Royal Armouries on the ...

14 December 2020

UK, December 14 2020: Ipswich Building Society has become the latest lender to go live on Affordability Hub, the affordability-based sourcing system from mortgage technology expert Mortgage Brain. ...

14 December 2020

Today, Ingard has appointed Zephyr Homeloans to its buy-to-let (BTL) panel. Ingard Members can now access Zephyr’s range of standard and specialist BTL mortgages directly, by registering via Zephyr’s ...

14 December 2020

What is non-standard? The Cambridge Dictionary definition is “not average or usual”. It’s probably fair to say that most people would see Ice Swimming as a non-standard activity, as we’d probably pref...

14 December 2020

- Digital platform to provide mortgage brokers with a one-stop-shop for all their needs - New “Property Professional Show” including interviews, podcasts, blogs, and updates with leading industry spec...

14 December 2020

Dudley Building Society is calling on all advisers with expat and foreign investor customers purchasing property in the UK, to press ahead urgently to secure completion before 31st March 2021 or run t...

11 December 2020

Richard Pike, Phoebus Software sales and marketing director, says “For many, the financial fears following this year’s pandemic are overriding, but the potential threat posed by a mismanaged Brexit ha...

10 December 2020

Research has indicated that mortgage borrowers may prefer a wealth-like ongoing service plan from brokers. The Mortgage Insights 20/21 research, conducted by eKeeper’s parent company, DPR Group, incor...

10 December 2020

Suros Capital, the luxury asset lender, which launched its proposition to the intermediary sector in November, has reported that a significant number of brokers have signed introducer agreements and t...

10 December 2020

Data from the latest MBT Affordability Index has shown that the Affordability Gap dropped to a record low of 15% in November. The Affordability Gap, where no lender is able to meet the loan amount r...

10 December 2020

Aspen has completed a £1m bridge in four working days for an experienced Hong Kong based buy-to-let investor who risked losing a £100k deposit after facing delays from a major bank. The lender was a...

09 December 2020

In September, Loans Warehouse publicly predicted that secured lending figures would double again in Q4 of 2020. The results of November's Secured Loan Index confirmed this bold prediction was right as...

09 December 2020

LiveMore Capital has become the latest lender to join Criteria Hub, the criteria-based sourcing solution from mortgage technology expert Mortgage Brain. Criteria Hub provides advisers with the abilit...

09 December 2020

Mansfield Building Society has launched its online Buy to Let Calculator to help landlords and mortgage intermediaries check affordability against the Society’s rental income requirements quickly and ...

09 December 2020

Vernon Building Society has partnered with Dynamo for Intermediaries, giving the mortgage club’s brokers access to its full range of mortgage products. Stockport’s building society offers bespoke len...

09 December 2020

The Mortgage Broker Club is an online platform which has been created with the goal of providing mortgages brokers a ‘one stop shop’ online to source all of the products and services they need to cond...

08 December 2020

As of Monday 7 December 2020, we are temporarily suspending new Decisions In Principles (DIPs) and will only be accepting applications where the DIP has been accepted prior to this date. We have cont...

07 December 2020

General Insurance provider, Berkeley Alexander (BA), has today announced it has partnered with Auto Legal Protection Services (ALPS), to launch a Landlord Legal Expenses and Rent Guarantee product app...

07 December 2020

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, residential valuations and surveys in the UK, has teamed up with homeless charity Lifeshare t...

07 December 2020

Landbay, one of the UK’s leading buy-to-let lenders, has today increased its loan to value (LTV) from 75% to 80% with the launch of two new buy-to-let products. These new products, available on standa...

07 December 2020

Today, the MCI mortgage club has expanded its later life lending panel with the addition of more2life. As the sixth lender to join the MCI panel, more2life will give the club’s members access to a wid...

07 December 2020

A client requiring a £1.75m capital release for a development in Battersea, having recently paid cash for a detached residential asset in Surrey, has been assisted by Aspen Bridging. The timing of t...

04 December 2020

Comment from John Phillips, national operations director of broker firm, Just Mortgages: “Despite massive economic uncertainty the sector has performed admirably and, in such a difficult year, arrear...

04 December 2020

Leading mortgage club, Dynamo for Intermediaries, has expanded the benefits on offer to its members including the launch of a brand new protection proposition featuring a zero retained commission ince...

04 December 2020

United Trust Bank (UTB) has appointed Hannah Oades as Key Accounts Manager as the Bank continues to develop introducer relationships and grow its residential mortgage proposition. Hannah is well know...

04 December 2020

Richard Pike, Phoebus Software sales and marketing director, says “It is always interesting to look back, and of course what we see for Q3 in the mortgage market was a huge rise in activity that reall...

04 December 2020

Jonathan Sealey, Hope Capital’s CEO, says “There’s no doubt that the stamp duty holiday has been imperative in keeping the economy buoyant. The strong recovery of house purchase lending in Q3 has cert...

04 December 2020

Broker forum, cherry, has revealed which lenders brokers feel have performed best throughout the Covid-19 pandemic, as well as highlighting problem areas relating to the companies which appear to have...

04 December 2020

It is with great sadness that the ASTL confirms the passing of its former CEO, Benson Hersch. Benson was CEO of the ASTL between 2012 and 2019, during which time annual bridging completions grew from...

04 December 2020

Following Barclays issuing a warning to businesses over scams ahead of the Brexit transition, John Dobson, CEO at ID check and business verification experts SmartSearch said: “The research from Barcla...

04 December 2020

The latest MBT Affordability Index has found that the average maximum loan available to mortgage borrowers in November was £278,145, while the average minimum loan was just £133,166. This represents ...

03 December 2020

Foundation Home Loans, the intermediary-only specialist lender, has today (3rd December 2020) announced the launch of new remortgage products across both its buy-to-let and residential ranges. In the...

03 December 2020

United Trust Bank (UTB) is teaming up with specialist AI solutions provider Optalitix to sponsor and host a series of webinars called The Innovation Pipeline (TIP!)-Talks looking at future innovation ...

03 December 2020

Leading valuation market specialists, VAS Group is ending 2020 on a high with four promotions which in turn has created two new director roles. Louise Chapman, who started in November 2017, is now Op...

03 December 2020

Castle Trust Bank is extending the 0.25% rate reduction on its term products until the end of the year. Responding to huge demand from brokers, the bank will continue to apply the offer to all DIPs o...

03 December 2020

Leading UK anti-money laundering (AML) firm SmartSearch expanded its senior team with three new appointments in November. The recruitment reflects the continuing growth of the Ilkley-based business wh...

03 December 2020

The cost of borrowing for low-deposit borrowers has increased substantially across all mortgage types over the last 12 months, new data analysis from mortgage technology expert Mortgage Brain has reve...

03 December 2020

West One Loans today reveals its new brand and proposition. The institutionally funded lender, which previously distributed through a limited network of key relationships for over ten years, will now...

02 December 2020

As the industry tightens its criteria for self-employed and contractors, Saffron Building Society has today (2nd December) clarified its criteria for the self-employed and contractor products availabl...

02 December 2020

Crystal Specialist Finance (CSF) and lender Together have completed a developer’s purchase and re-development of a £700,000 commercial site in Birmingham in just four weeks. The specialist distribut...

02 December 2020

United Trust Bank has been named ‘Development Lender of the Year’ at the National Association of Commercial Finance Brokers (NACFB) Awards 2020. This year’s ‘virtual’ awards ceremony was held on the ...

02 December 2020

West One has today launched an initiative to support the Bank of Mum and Dad via their second charge mortgage range. Rates will start from 3.99% at LTV’s up to 75%. This new range is designed to fa...

02 December 2020

Suros Capital, the luxury asset backed short term lender, which recently launched its proposition to the intermediary market, has announced the appointment of Simone Ferreira and Katie Thomas as accou...

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...