Press releases for December 2021
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23 December 2021
Evolution Money, the second-charge lending specialist, has today (21st December 2021) launched the fourth iteration of its quarterly data tracker, which reviews borrower types, average mortgage sizes,...
23 December 2021
United Trust Bank (UTB) has increased its maximum first charge residential mortgage size to £1million following feedback from brokers that there is increasing demand for larger mortgages from customer...
23 December 2021
The decision by housebuilder Taylor Wimpey to scrap controversial doubling ground rent clauses has been welcomed by a leading leasehold expert. Jonathan Frankel, a leasehold enfranchisement speciali...
23 December 2021
New research from criteria search specialists, Knowledge Bank suggests after a long hiatus, the bank of Mum and Dad is supporting a significant number of borrowers onto the property ladder. The lates...
23 December 2021
Brightstar Financial has launched a new Specialist Lending Podcast, including insights, trends and debate from the specialist lending market. The first episode of the podcast is called ‘Broker versu...
21 December 2021
John Phillips, national operations director, Just Mortgages said: “While the highs of the year have been incredibly high, the lows have not been particularly low, and the year is on track to break rec...
21 December 2021
Richard Pike, Phoebus Software sales and marketing director, says “After the dip in October it is good to see that non-seasonally adjusted transactions recovered in November, against some expectations...
21 December 2021
General insurance provider, Berkeley Alexander, has reported strong growth for Q3 results to September 2021. Despite Covid, Brexit, rising costs and a general hard insurance market, new business incom...
21 December 2021
Fleet Mortgages, the buy-to-let specialist lender, has today (21st December 2021) announced the appointment of a new Business Development Manager (BDM) for the South East region. Stella Brookman join...
21 December 2021
Fiduciam has provided Saint Nicholas of Myra (commonly known as Santa Claus) with a bridging loan to ensure that Mr Claus and his team can deliver on their Christmas promises. The loan is secured over...
20 December 2021
Enra Specialist Finance and MT Finance joined forces on Thursday 16th December to play a Christmas charity football match to raise funds for two great children’s charities; Great Ormond Street Hospita...
17 December 2021
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Mil Consiglio as a BDM to cover the West Midlands. Mil has been working within financial services for 12 years and joi...
17 December 2021
New research from Smart Money People has found that broker satisfaction with the time mortgage lenders take to process applications through to offer has increased for a second consecutive time and is ...
17 December 2021
Mortgage Broker Tools (MBT) has been named as the Best Affordability Tool Provider by Smart Money People for the fourth consecutive time. Smart Money People’s latest benchmark research, which survey...
16 December 2021
Richard Pike, Phoebus Software sales and marketing director, says “This may be seen as an unusual step at this time of the year, especially with the latest variant spreading across the country and fur...
16 December 2021
John Phillips, national operations director, Just Mortgages said: “Although a slight surprise that it has happened this side of Christmas, an interest rate rise was inevitable. “With the cost-of-livi...
16 December 2021
Hope Capital has launched a ‘cracking’ new offer to mark the festive season, which provides fast completions, highly competitive rates and LTVs up to 75% on properties worth up to £1m. The brand-new ...
16 December 2021
Aspen Bridging has completed two loans on one day for a client, in just 20 and seven days from application, after a collapsed sale threatened a developer’s next largescale project. Having originally...
16 December 2021
Foundation Home Loans, the intermediary-only specialist lender, has launched a range of new buy-to-let products at 85% LTV for the very first time. In what the lender calls a significant enhancement ...
16 December 2021
Pitch 4 Finance has completed a business loan for a broker whose client was a UK company but the loan was for assets in a foreign country. This type of arrangement is unusual as due to the foreign na...
16 December 2021
A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, highlighted that four out of five consumers still confuse a mortg...
15 December 2021
Buckinghamshire Building Society has launched an enhanced affordability calculator on its website, powered by technology from Legal & General. The intuitive affordability calculator reviews the affor...
15 December 2021
The figures reported directly to Loans Warehouse from second charge lenders confirm lending totalled £137.8 million in November 2021. This figure represents a 11.49% increase on the previous month, w...
15 December 2021
Specialist property finance trade body, FIBA and Mortgage Business Expo (MBE) have announced a partnership which will mean that the FIBA Annual Conference will, in future, be held as part of MBE North...
15 December 2021
According to the latest Adverse Credit Study from Pepper Money, nearly one in five (18%) people who have experienced some form of adverse credit in the last three years say they intend to purchase a p...
14 December 2021
Foundation Home Loans, the intermediary-only specialist lender, has today enhanced its owner-occupied proposition further with new 90% LTV fee-assisted fixed rates, as well as two additional products ...
14 December 2021
Vernon Building Society has launched a new 95% loan-to-value (LTV) mortgage and opened its distribution to intermediaries. The five-year fixed rate is priced at 2.99% and comes with an arrangement fe...
14 December 2021
Specialist Hub, the specialist finance broker, completes another complex bridging case with Roma Finance. Mr P and Mr S were looking to purchase a twenty bed HMO, located next to an unencumbered Bed ...
14 December 2021
BuildLoan has launched two new self and custom build products with Furness Building Society to support self builders in Furness’s North West England heartland area. The new products offer local self ...
14 December 2021
Dudley Building Society has increased its maximum loan size on ex-pat mortgages from £1 million to £1.5 million and from £500k to £1 million for holiday let mortgages. The Society has also introduced...
13 December 2021
United Trust Bank (UTB) has announced the successful integration of Hometrack AVM (Automated Valuation Model) searches from within its Bridging broker portal available for new Fast-Track and standard ...
13 December 2021
Beadle will oversee the launch of new business savings and lending products. Paul Beadle has been appointed as Head of Communications for Recognise Bank, one of the UK’s newest fintech challenger ban...
13 December 2021
SmartSearch, the leading anti-money laundering specialist, is providing its industry leading customer verification system to Alto, the leading cloud-based software for agents and part of Zoopla. The ...
13 December 2021
The Association of Short Term Lenders (ASTL) has launched a new website to deliver a better user experience and clearer information on the association and the benefits of working with its Members and ...
10 December 2021
Foundation Home Loans, the intermediary-only specialist lender, has launched a new ‘Festive Fixed Rate Special’ at just 3.04% for 5 years, for landlord borrowers. The five-year fixed-rate has a flat ...
10 December 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (10th December 2021) announced the promotion of Tom Hunt to the role of Relationship Manager. Tom will be taking up the new ro...
09 December 2021
New research out today from Smart Money People has found that broker satisfaction with mortgage lenders is now 81.3%, an increase of 1% from H1 2021, and an increase of 3.5% from 12 months’ ago. Howev...
09 December 2021
Newly founded insurance and structured finance advice firm, J3 Advisory, has advised on latent defects insurance for £26m of new residential property projects from South East residential property deve...
09 December 2021
Leading national broker firm, Just Mortgages, has launched a new golden hello scheme to support experienced advisers who are transferring from an employed role to self-employed. Walking away from a s...
09 December 2021
Alternative Bridging Corporation has provided a second charge loan to secure the purchase of land in order to build a new 100-bed Travelodge hotel. The loan provided the capital required for the clie...
09 December 2021
Hanley Economic Building Society has launched a pair of residential fixed rate mortgages. The first is a remortgage only 1.75% two-year 80% LTV fixed rate mortgage which comes with one free standard ...
09 December 2021
- Data sourced by SmartSearch reveals demand for UK property from overseas buyers - Northern counties prove popular for overseas investment in 2021 The number of UK properties bought by overseas ...
09 December 2021
Suros Capital, the luxury asset secured short term lender, which has experienced a successful first full year, is planning to expand its operation in 2022. With plans already well advanced, the marke...
09 December 2021
Debenhams Ottaway has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Debenhams Ottaway is a multi-service law firm that work...
08 December 2021
The latest report from the Chatham House think tank highlighting the need for the UK government to address systemic weaknesses in tackling organised crime has been welcomed by an anti-money laundering...
08 December 2021
Paradigm Mortgage Services, the mortgage services proposition, has today (8th December 2021) added Harpenden Building Society to its lender panel. From today, Paradigm member firms will be able to ac...
08 December 2021
- First lender to work with the property-tech firm Partnership offers free tools and customer discounts Challenger bank, Recognise Bank, is partnering with leading property-tech firm, Rent Chief, to ...
07 December 2021
Bristol, – Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has announced a number of new products as part of a range redesign aimed at supporting greater energy effici...
07 December 2021
A webinar poll conducted by CHL Mortgages, the intermediary-only specialist buy-to-let lender, suggested that an overwhelming 96% of brokers expect to write more limited company business in 2022. Only...
07 December 2021
Fiduciam, the institutionally funded short-term lender, has been accredited by the British Business Bank as a lender under the government’s Recovery Loan Scheme (RLS). The Recovery Loan Scheme is des...
07 December 2021
Buckinghamshire Building Society have today announced the launch of online transfer requests as part of their move towards an enhanced digital service, following member feedback. Members can now requ...
07 December 2021
United Trust Bank (UTB) has launched an enhanced range of mortgage products, designed to help ‘Mortgage Prisoners’ escape their higher interest rate deals. UTB’s Mortgage Prisoner product range is ide...
07 December 2021
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has used its recent Annual Conference to outline a number of process improvements which it believes are either ...
06 December 2021
John Phillips, national operations director, Just Mortgages said: “After a tumultuous few months in the mortgage market, we are now getting a clearer picture of the year. While the spikes have inevita...
06 December 2021
Richard Pike, Phoebus Software sales and marketing director, says “The housing market in 2021 has seen some dramatic highs both in terms of mortgage activity and house prices. The levels we saw over t...
06 December 2021
Kensington Mortgages and Proportunity will now work together to help first time buyers to get on the housing ladder. Specialist mortgage lender, Kensington, will partner with Proportunity, allowing bo...
06 December 2021
- Discretionary spending, rebroke and product flexibility to be 2022 themes Advisers active in the later life lending sector believe the most important priority for the industry in 2022 is to re-educ...
06 December 2021
Abundance Network is a new, innovative mortgage and protection network aimed at helping ambitious self-employed mortgage advisers grow their mortgage businesses. Abundance Network successfully launche...
03 December 2021
An identity fraud in which lasting power of attorney was used in an attempt to steal a flat has highlighted the pressure on conveyancers to perform effective Know Your Customer (KYC) checks, according...
03 December 2021
Alternative Bridging Corporation working with Clever Commercial Finance has completed a £2.6m loan to fund the purchase of a shopping centre in Lancashire. It was a particularly complicated loan wi...
03 December 2021
Pink Pig Loans, the specialist finance packager and distributor, has today (3 December 2021) announced the appointment of Kate Pedley as its new Head of Residential Mortgages & Protection. Kate has o...
02 December 2021
Landbay has repriced its Limited Edition range of five-year fixed rate buy-to-let remortgage products and introduced a £500 cashback payable upon completion. The rates on four of the five products ha...
02 December 2021
West One Loans buy-to-let division has added four new underwriters and one completions case manager as it continues to expand to meet strong demand for property investment finance. The appointment of...
02 December 2021
UK, December 02, 2021: Suffolk Building Society has partnered with mortgage technology expert Mortgage Brain to develop an affordability calculator. The new calculator has been designed to be more in...
02 December 2021
Aspen has completed a No Valuation £173k bridging loan in just five working days, allowing the applicant to raise funds for an onwards property purchase on a tight deadline. Completed on the lender’...
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...
