Press releases for December 2023
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
21 December 2023
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (21st December 2023) updated its guidance document for conveyancing firms which addresses The Build...
21 December 2023
• Gross lending to reduce to £205bn in 2024 before picking up to £210bn in 2025 • Mortgage affordability ‘comfortable’ for average borrower despite higher interest rates • Intermediary market share to...
21 December 2023
With the prospect of a challenging year ahead, brokers should concentrate on looking for new business closer to home by generating leads from existing clients in 2024, according to Property Circle, wh...
20 December 2023
Richard Harrison, Head of Mortgages, Atom bank comments: “The latest data demonstrates that, while the market may be challenging, this is still very much a softening of pricing rather than the prope...
20 December 2023
Following the release of the latest ONS consumer price inflation figures, which shows UK inflation fall to 3.9%, here is a comment from MorganAsh. MorganAsh provides the MorganAsh Resilience System (...
20 December 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says: “The drop in inflation to 3.9% is greater than almost everyone expected. It will be welcome news to many as we head into Christmas and w...
20 December 2023
Katie Pender, managing director of Target, says: “Today’s inflation figure is better news than expected and we are seeing progress towards the Government’s target of 2%. This may be due in part to the...
19 December 2023
Pete Ball has been appointed, subject to regulatory approval, CEO of Foundation Home Loans, succeeding Hans Geberbauer, who will retire from the firm. Pete has over 30 years’ experience working withi...
19 December 2023
Access Financial Services unveiled a year marked by exceptional growth at its conference last week. The conference of 180 brokers and lenders, revealed that, in what was a difficult year for many peop...
19 December 2023
Hanley Economic Building Society has announced the launch of a suite of self-build products, starting from 5.75%. The first of which is a two-year variable discount self-build/renovation part built m...
18 December 2023
Pepper Money has promoted Atlyn Forde to the role of Head of Inclusion and Engagement. Atlyn joined Pepper Money in 2018 as Senior Data Insights Manager. Whilst working at the specialist lender, she...
18 December 2023
Black & White Bridging has become the latest member to join the Association of Short-Term Lenders (ASTL). Established in Bath in 2013, Black & White Bridging provides unregulated bridging finance fo...
18 December 2023
Signposting a vulnerable client to a different organisation for help is not enough to avoid potential harm and to meet Consumer Duty requirements, a vulnerability expert has warned. Signposting is a ...
18 December 2023
The Right Mortgage & Protection Network and DA Club have today (18th December 2023) announced a range of ongoing and new events that will be accessible to all member firms throughout 2024. Taking pla...
14 December 2023
360 Dotnet, the FinTech CRM platform for the UK intermediary market, and UnderwriteMe have announced a new partnership. Advancing further in simplifying the process for advisers' protection sales, the...
14 December 2023
Just Mortgages is one of the largest mortgage brokers in the UK, with more than 650 advisers working across both employed and self-employed divisions. It is part of Spicerhaart, the UK’s largest indep...
14 December 2023
MorganAsh provides the MorganAsh Resilience System (MARS) to enable brokers, advisers and financial services firms to better manage and evaluate consumer vulnerability and comply with Consumer Duty. ...
14 December 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says "After a year of ups and downs it is good to end the year on a more stable footing. Although rates aren't yet going down, the fact that t...
14 December 2023
Karl Wilkinson, CEO at Access Financial Services, said: “Rates are now levelling off - I suspect the Bank of England will wait to see how the market adjusts. Christmas spending will give some false p...
14 December 2023
Karl Wilkinson, CEO at Access Financial Services, said: “Rates are now levelling off - I suspect the Bank of England will wait to see how the market adjusts. Christmas spending will give some false p...
14 December 2023
The self-employed division at national brokerage Just Mortgages is set for its busiest ever December for new inductions, as the division fast approaches 500 brokers. For the very first time, Just Mor...
14 December 2023
More than a third (36 per cent) of people in regulated firms who ‘can’t trust’ electronic ID verification and instead rely on manual checks, are leaving their doors open to financial crime, anti-money...
14 December 2023
Clever Lending, the specialist finance packager and master broker, has announced that it has recently helped a business customer who needed to refinance a semi-commercial property. The client requir...
14 December 2023
Smart Money People, the UK’s dedicated financial services review site, has found that 83.7% of brokers either agreed or strongly agreed that BDMs play a vital role in the industry today. Only 5.5% dis...
14 December 2023
Rosemount Financial Solutions (IFA) Ltd announce today (14th December 2023) their annual conference speaker line-up. This year’s event being held for Rosemount’s advisers returns to London at HSBC’s L...
14 December 2023
• Residential and Buy to Let (BTL) rates reduced • New BTL Limited Edition products available up to 75% loan to value (LTV) Vida, the specialist lender, have announced they are making rate reduction...
13 December 2023
LiveMore has launched a fee-assisted £500 cashback mortgage range. Lending exclusively to borrowers over 50, the new “Fee Assisted Cashback” range is available on LiveMore’s 3 and 4 tiers across thei...
13 December 2023
Buy-to-let lender Landbay has announced both new products and rate reductions across its range of small HMO and MUFB fixed rate products. Two-year and five-year fixed rate products have seen rate red...
13 December 2023
Following the release of the latest ONS construction output figures, which shows a decrease in construction output in October and the three months to October, here is a comment from Beard Construction...
12 December 2023
Stonebridge, the national mortgage and insurance network, has today (12th December 2023) announced it has added to its Senior Management Team with a new Head of Sales. John Scrivens joins Stonebridge...
12 December 2023
● Prime mortgage rates reduced by up to 0.30% across low and high LTV products ● 95% 2 year LTV now available below 6.00% ● Eighth time Atom has reduced mortgage rates since August 2023 Atom bank ha...
12 December 2023
“Interest rate rises have had a big impact on activity throughout 2023, but with base rate having now likely peaked it would seem that mortgage rates have topped out too. Indeed we have already seen a...
12 December 2023
The mortgage industry’s premier intermediary event, Mortgage Business Expo (MBE), has today (12thDecember 2023) announced that the specialist property finance trade body, FIBA, is once again partnerin...
12 December 2023
Hampshire Trust Bank (HTB) has completed a £20m loan for the refinancing of a major property portfolio in the North East. The portfolio consisted of 32 student Houses in Multiple Occupation (HMOs) i...
12 December 2023
Foundation Home Loans, the intermediary-only specialist lender, has today (Tuesday 12 December) repriced selected products across its core BTL range to incorporate rate reductions of up to 0.20%. The...
12 December 2023
Aspen has completed bridging loans totalling £6,120,000 on two ultra-luxury London properties in the boroughs of Westminster and Kensington and Chelsea. The lender, which has established a foothold ...
12 December 2023
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has formed a strategic partnership with Mortgage Intelligence via an exclusive referral arran...
11 December 2023
Separate DPS survey of letting agents clients reveals almost 30% believe larger landlords are buying properties off those with more modest portfolios A survey of more than 1,000 landlord clients of T...
11 December 2023
Katie Pender, managing director of Target, says: “While it’s worrying that the forecasts predict that mortgage lending will fall across the board in 2024, there’s some light at the end of the tunnel i...
11 December 2023
Buy-to-let lender Landbay has announced further rate reductions across its standard five-year fixed rate product range, with rates reduced by up to six basis points (0.06%). The product range now sta...
11 December 2023
Buy-to-let lender Landbay has announced further rate reductions across its standard five-year fixed rate product range, with rates reduced by up to six basis points (0.06%). The product range now ...
08 December 2023
Loughborough Building Society has announced the promotion of Ashley Pearson from National BDM to the newly created position of Head of Intermediaries. Ashley has over 20 years’ experience operating ...
08 December 2023
Clever Lending, the specialist finance packager and master broker, has announced that Matthew Dilks, one of its commercial and bridging specialists, has been recognised for his talents by United Trust...
07 December 2023
United Trust Bank (UTB) has increased its maximum LTV for first charge Standard bridging loans from 70% to 75% with immediate effect. The new maximum LTV applies to the Bank’s regulated and unregulat...
07 December 2023
Following the publication today of the UK Finance’s Household Finance Review for Quarter 3 Household Finance Review 2023 Q3.pdf (ukfinance.org.uk) here is a comment for you from Target. Katie Pender,...
07 December 2023
National brokerage Just Mortgages has announced it will be heading out on the road in the new year with a series of protection roadshows to support its self-employed advisers. Taking place across the...
07 December 2023
IMLA • Mortgaged landlords’ profits set to plummet • Landlords’ non-rental income on par with tenants’ • Return on investment ‘uncommercial’ 3.7% • But no ‘landlord exodus’ as 53% plan to expand por...
07 December 2023
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has fully integrated with Insurtech leader UnderwriteMe to bolster its prote...
07 December 2023
Foundation Home Loans, the intermediary-only specialist lender, has today launched new Special products for Portfolio Landlords in its buy-to-let range. The new products are within the lender’s F1 ti...
06 December 2023
Alternative Bridging Corporation have relaunched the Term Loan, which now features no Early Repayment Charges (ERCs). The Alternative Term loan is available for terms from three to five years, up to ...
06 December 2023
SmartSearch, the UK’s leading innovator in digital compliance and anti-money laundering (AML) solutions, has been awarded a place on the prestigious RegTech100 list for 2024. This recognition by finte...
06 December 2023
Following the release of the latest CIPS PMI construction data, which shows a house building slump weigh heavy on construction output, here is a comment from Beard Construction. Fraser Johns, finan...
06 December 2023
Following the publication today of the UK Finance’s Household Finance Review for Quarter 3 Household Finance Review 2023 Q3.pdf (ukfinance.org.uk) here is a comment for you from The Open Property Data...
06 December 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says "Despite the turmoil over the last quarter across rising interest rates and inflation the market has held up remarkably well. Although ar...
06 December 2023
Three quarters of buy-to-let landlords (76%) have raised rent over the past year with the main reason being to cover higher mortgage costs, according to the latest Landbay survey. Over half of landlo...
05 December 2023
Hampshire Trust Bank (HTB) has announced the appointment of Mark Newman as a business development manager (BDM) for East Anglia within its specialist mortgages division, reporting to Andrea Glasgow, H...
05 December 2023
• Estate planning, lasting powers of attorney, and wills are a key protection need of consumers taking out mortgages, and could be in scope of consumer duty • Acre is integrating will writing and esta...
05 December 2023
The Brightstar Group has announced new recruitment and promotions to strengthen its team ahead of 2024. Chantelle May has been promoted to Group Head of Sales Support, taking on responsibility for th...
05 December 2023
LiveMore has lowered rates across all its mortgage products by up to 0.29%, in response to growing confidence in the housing market and to support more borrowers. Lending exclusively to borrowers age...
05 December 2023
Countrywide Surveying Services (CSS), one of the leading suppliers of property risk management, valuations and customer surveys in the UK, has announced the appointment of Rebecca Lohoar as Associate ...
04 December 2023
The Right Mortgage & Protection Network and DA Club have today (4th December 2023) announced the launch of a new Company Protection Hub supporting advisers who work with corporate clients, including h...
04 December 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (4th December 2023) launched a new online Technology Hub collating a raft of information, opportunities and partnershi...
04 December 2023
Pepper Money has launched its 2023 Specialist Lending Study, which provides brokers with in-depth research on what is impacting their existing and potential customers. It covers a wide range of topics...
01 December 2023
Precise Mortgages, part of leading specialist lender OSB Group, has increased the number of product transfer options, providing greater choice and more flexibility. The addition of products with fees...
01 December 2023
United Trust Bank (UTB) Mortgages for Intermediaries has announced a raft of substantial rate reductions for its range of Second Charge Loans, creating market leading options for brokers and customers...
01 December 2023
SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) technology, has successfully retained its full Great Place To Work accreditation. The prestigious accredit...
01 December 2023
Clever Lending, the specialist finance packager and master broker, has helped a customer raise funds for the purchase of a commercial investment. The broker’s client, an accountancy firm, was lookin...
