Press releases for April 2025
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
28 April 2025
New Offer Acceptance Process Previously, all clients had to sign and return an Offer Acceptance Form for their product transfer to complete. Now, in most cases we'll set up their new deal automatica...
28 April 2025
Each year, The Financial Services Forum puts on an edition of our FS Martech series, with the intention of helping our members update their knowledge on the latest marketing technology in a fun and fa...
28 April 2025
This is a cautiously priced product with rates in the middle of the limited company lending range. There is only one LTV at 75% for both 2 & 5y. It is priced above their individual buy to let rates. L...
28 April 2025
Roma Finance, the lender that loves to lend, has unveiled its new Revolving Credit Facility—a fast, flexible drawdown facility designed to help property professionals and entrepreneurs purchase proper...
28 April 2025
Mansfield Building Society has announced record new mortgage lending of over £125million and savings member growth to nearly 21,000 in 2024 at its Annual General Meeting (AGM). Mansfield’s record ach...
28 April 2025
More than half of brokers in Atom banks’ Q1 SME Pulse seeing increasing levels of demand from SME clients Lower interest rates becoming more significant factor among borrower businesses Brokers re...
28 April 2025
Castle Trust Bank has launched a new fast-track service that commits to completing on a loan within 48 hours of issuing an offer. The service, which is available on Bridge and Term refinance applicat...
25 April 2025
On the back of posting yet another set of record-breaking results, Swansea Building Society held its annual general meeting (AGM) at the Swansea.com Stadium yesterday (Thursday, April 24). The Society...
25 April 2025
Key warns on critical need for wills and LPAs for later life lending customers 25 April 2025: Advisers are risking potential regulatory issues and good customer outcomes if they do not consider wills...
25 April 2025
We’re reducing our mortgage products With effect from Monday 28th April, we’ll be making changes to our residential and Buy to Let (BTL) mortgage product ranges. Please click here to view the upcomi...
25 April 2025
Attributed to Stephen Goderski, Partner at restructuring and insolvency firm PKF Littlejohn Advisory: According to the latest government statistics for Q1 2025, the number of registered company ins...
25 April 2025
Dave Harris, CEO, more2life “What’s most encouraging to me about these figures is that greater numbers of later life customers are being made aware of the full range of options to them, beyond the tr...
25 April 2025
Phil Quinn, Head of Sales, Standard Life Home Finance “The increase in the average lump sum released takes it to levels last seen before the disastrous mini-Budget, which is a good indication of conf...
25 April 2025
Hampshire Trust Bank (HTB) has appointed Alexia Evans as Lending Director in its Development Finance team, further strengthening its ability to support SME developers with tailored funding solutions a...
25 April 2025
Scott Burman, Head of Distribution: “The latest figures from the Equity Release Council continue to show an encouraging picture of progress within the later life lending sector, and a customer base w...
25 April 2025
Rosemount Financial Solutions (IFA), the mortgage, protection, and financial planning network, has promoted a host of employees to senior roles, in recognition of their development. Zac Bawa and Jaco...
25 April 2025
Leon Diamond, founder and CEO at LiveMore, commented: “Today’s UK Finance data shows that equity release lending has now grown for four quarters in a row, reaching £665 million in Q1 2025. While tota...
25 April 2025
Richard Pike, chief sales and marketing officer at Phoebus: “The rise in equity release lending confirmed in the Equity Release Council’s Q1 2025 report paints a clear picture of a sector coming into...
24 April 2025
We wanted to let you know that we’re making the following rate reductions on Friday 25 April. Exclusive Purchase 80% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.04%, to 4.29%. 80% LT...
24 April 2025
Nationwide reducing rates for existing customers switching to a new deal or new customers remortgaging by up to 0.29 percentage points Nationwide offers market-leading 3.94% rate for new customers ...
24 April 2025
United Trust Bank (UTB) Structured Property Finance has completed an £11.4million hybrid Developer Exit and Rent Stabilisation facility for Brighton based Cayuga Homes. The solution refinances their e...
24 April 2025
We wanted to let you know that we’re making some changes to the following Clydesdale Bank products on Friday 25 April. Core Residential (including Product Transfer) Residential 65%-90% 2 and 5 yea...
24 April 2025
Atom bank, the UK’s highest rated mortgage lender on Trustpilot, has cut rates on its Near Prime residential mortgage range by up to 0.35%. The round of cuts come in response to recent swap rate move...
24 April 2025
Vida Homeloans, the specialist lender, has announced the integration of an Automated Valuation Model (AVM) into its mortgage application process, demonstrating another key milestone in Vida’s Mortgage...
24 April 2025
24th April 2025 – UK later life lender, Standard Life Home Finance, has announced the appointment of Phil Quinn to the role of Head of Sales. In his new role, Phil will be responsible for representin...
24 April 2025
Are you purchasing a residential investment property at Below Market Value? This Bridging product provides maximum leverage in such scenario's. 100% (net!) of the purchase price, subject to 75% LTV...
24 April 2025
Together has become the latest lender member to join the Bridging & Development Lenders Association (BDLA). Established in 1974, Together is one of the UK’s leading specialist lenders, with a loan bo...
24 April 2025
Countrywide Surveying Services (CSS), one of the UK’s leading providers of property risk management, valuations and customer surveys, has revealed a continued rise in the number of homebuyers commissi...
24 April 2025
Mortgage Broker Tools (MBT) has now surpassed 2 million affordability searches on the platform – less than two years after hitting its 1 million milestone. This rapid growth reflects increased broke...
24 April 2025
LiveMore has appointed Ian Sturla as its new risk lead, as the company continues its mission to support borrowers aged 50 to 90+ who are underserved by traditional lenders. Sturla brings more than 16...
24 April 2025
The Open Property Data Association (OPDA) has welcomed four new members this month – Novus Strategy & Consulting, Armalytix, Survey Shack and Openproperty – all united in the common goal of transformi...
24 April 2025
MorganAsh, the support services provider to the financial services and utilities sectors, has announced new functionality and key upgrades to its award-winning customer vulnerability management platfo...
23 April 2025
Specialist lender Precise, part of OSB Group, has bolstered its residential product range with new limited edition products to further enhance its improved residential offering. These new additions i...
23 April 2025
Specialist lender, United Trust Bank Mortgages, has topped off a record breaking first quarter of 2025 by exceeding £2billion of total mortgage lending since launching into the sector. UTB has announ...
23 April 2025
Fleet Mortgages, the buy-to-let specialist lender, has today (23rd April 2025) announced a 15 basis points (bps) price cuts to a variety of two- and five-year fixed-rates across its three core ranges:...
23 April 2025
The Later Life Lending Network, part of The Right Mortgage (TRM), has today (23rd April 2025) announced details of the first of its later life lending workshops, taking place in May. Entitled, ‘2025 ...
23 April 2025
One Mortgage System (OMS), the technology-led single-input enquiry-to-completion processing platform for intermediaries, has appointed Nick Allen as non-executive director and Shey Wade as business de...
23 April 2025
Will Hale, CEO of Key said: “The record-breaking IHT receipts sharpen the focus on the complexity of planning for IHT and retirement. Death is increasingly lucrative for the HMRC but what is needed i...
23 April 2025
Hampshire Trust Bank (HTB) has increased its maximum lending per customer from £25 million to £35 million across both its Specialist Mortgages and Development Finance divisions, in response to the evo...
23 April 2025
LHV Bank has completed a £10.92 million loan to an SPV owned by a long-established family property investment company. The facility has retrospectively funded the acquisition of a prime office buildin...
23 April 2025
Pivot is pleased to announce the completion of a £4.1 million development exit facility to Torsion Care, supporting the stabilisation and sale of a completed retirement living scheme in Thornton-Cleve...
23 April 2025
Suros Capital, the short term luxury asset lender, believes that advisers are missing out on potential deals because they are not asking clients about their assets when undertaking fact finds. Recent...
23 April 2025
Asset Advantage has announced the appointment of a new broker manager to continue to strengthen its proposition to brokers. In this role, Jonty Cooke will grow and strengthen broker relationships, sup...
22 April 2025
Nationwide cutting rates by up to 0.25 percentage points For new and existing customers looking to move home, rates start from 3.89% Rates starting from 4.09% for first-time buyers Nationwide w...
22 April 2025
Coventry for intermediaries has launched Limited Company Buy to Let mortgages, designed to support brokers working with landlords who choose to hold their properties in a company structure. Available ...
22 April 2025
We improved affordability with yet another change last week, and here’s a quick reminder of our recent changes in April. ⬇️Reduced rates LiveMore Variable Rate (LVR) reduced from 4.80% to 4.54% ch...
22 April 2025
Rate cuts on homebuyer and remortgage products from today; details of homebuyer fixed rates below, including a sub-4% 2 year fix. Full range can be found here: Product search | Mortgages | Halifax ...
22 April 2025
Great news – from today, Tuesday 22nd April we’ve made reductions to the stress rates used in our residential affordability calculations, for both purchase and remortgage applications. Stress rates a...
22 April 2025
We're committed to improving the support we can give your Limited Company buy to let clients. So, from today we have removed the need for all applicants to be Directors. This means we'll now accept a...
22 April 2025
The Mortgage Works has boosted its support for limited company landlords by removing the need for all mortgage applicants to be directors. This means that The Mortgage Works now accepts applications ...
22 April 2025
We are pleased to introduce new 100% Rent a Room mortgages to our product range. Your clients can now apply for a mortgage up to 100% of the purchase price when they can commit to rent out a spare r...
22 April 2025
Hinckley & Rugby for Intermediaries has expanded its mortgage offering with the launch of two new remortgage products, both available at 80% Loan-to-Value (LTV) and featuring no Early Repayment Charge...
21 April 2025
March saw highest volume of mortgage completions recorded since September 2021 Homebuyers report now needing an additional £13,530 on top of the property price to cover taxes and fees Three in fou...
17 April 2025
Market Leading Refurbishment Bridging gives 80% NET! If you are purchasing a Residential property in need of Refurbishment, we have an amazing range of Refurb Bridging Finance options. Up to 80% LT...
17 April 2025
We’ve improved our processes Good news - we’ve listened to your feedback and have improved our processes for making changes to an existing mortgage application. Changes to Direct Debit or Solicitors...
17 April 2025
Kuflink, the Gravesend based national bridging lender, has appointed Gurmit Raina to the role of Chief Financial Officer (CFO). Ms Raina, who had been working as a finance consultant at Kuflink, is t...
17 April 2025
17 April 2025: Market-leading later life lending platform Air is further enhancing its commitment to adviser support with the launch of the Air App, exclusively available to Air Club members. The lau...
16 April 2025
Redwood Bank is strengthening its commitment to business savers with the launch of a market-leading 2 Year Fixed Rate Business Bond. The launch comes hot on the heels of Redwood receiving its sevent...
16 April 2025
The Mortgage Works is tomorrow (Thursday 17 April) cutting rates on selected two and five-year fixed rate products across its mortgage range. Limited company buy-to-let products will see reductions o...
16 April 2025
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16 April 2025
We wanted to let you know that we’re making the following rate reductions on Thursday 17 April. A free valuation is now available on all new purchase applications. Exclusive Purchase 80% LTV 2 yea...
16 April 2025
Two out of five say they regularly reject clients because they are not confident about providing services , Key Later Life Finance research shows Key is urging firms to investigate referral relatio...
16 April 2025
Frances Haque, Chief Economist at Santander UK comments: "This morning’s data on inflation will be warmly greeted by many homeowners given the likely impact on SWAP and Bank Rate, but for some, it wi...
16 April 2025
Richard Harrison, Head of Mortgages at Atom bank, comments: “House price inflation has been buoyed in recent months by buyers desperately scrambling to get completions over the line before the stamp ...
16 April 2025
Connect for Intermediaries has today announced the exclusive addition of April Mortgages to its lender panel, making Connect one of a restricted number of networks where advisers can access April’s in...
16 April 2025
Alex Upton, Managing Director – Specialist Mortgages & Bridging, Hampshire Trust Bank: “The rental market remains under significant pressure, with demand continuing to outstrip supply. Letting agent...
16 April 2025
Analysis by lifetime mortgage lender Pure Retirement has shown that in Q1 of this year the proportion of new business coming from high-value homes (i.e. over £850,000) almost doubled compared to the l...
16 April 2025
Specialist lender, Precise, has delivered a bridging loan in just 7 working days from decision in principle to completion, helping to fund the build of a new family annexe to an existing residential p...
16 April 2025
Dudley Building Society has been added to the lender panel of Mortgage Intelligence, providing network members with access to its full range of specialist mortgage products. The addition of Dudley Bu...
16 April 2025
London Credit has announced a 10 bps rate reduction across its commercial and semi-commercial bridging products as part of a limited time offer. Rates now start from 0.75% per month, down from 0.85%,...
16 April 2025
Rosemount Financial Solutions (IFA), the mortgage, protection, and financial planning network, has added MetLife UK to its protection proposition. The addition means that members of the Rosemount net...
16 April 2025
The Bridging & Development Lenders Association (BDLA) has announced the details of its 2025 Annual Conference, which will take place on Wednesday 12th November at Glaziers Hall in London. Following ...
16 April 2025
John Phillips, CEO of Just Mortgages and Spicerhaart, said: “While positive and better than many expected, it’s still hard not to see today’s news of another fall in inflation as a bit of a hollow vi...
16 April 2025
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “A falling inflation rate is a welcome sign that economic pressures could begin to ease. This may boost confidence...
16 April 2025
Nick Hale, CEO of Movera, commented: “Today’s CPI inflation figures, which see a fall from 2.8% to 2.6%, are a welcome sign of progress. After a turbulent winter and an economic contraction in early ...
16 April 2025
Richard Pike, chief sales and marketing officer at Phoebus, says: "This surprise fall in inflation is a welcome development for the economy and the property market alike. While many had expected infl...
16 April 2025
The Open Property Data Association (OPDA) is today announcing the launch of its accreditation programme for members – a key milestone in its mission to drive greater transparency, consistency and acce...
16 April 2025
Just Mortgages, one of the UK’s largest mortgage brokerages, has reported high levels of demand for license qualification courses among self-employed advisers at its recent Lender Fayre event. The ev...
15 April 2025
Santander UK has announced that, from Thursday 17 April, it is reducing interest rates across its mortgage products including its home mover, first-time buyer, new build, remortgage and buy to let ran...
15 April 2025
Mortgage product availability continues to surge, with Twenty7tec reporting record-breaking figures in March and no signs of a slowdown. Following a new benchmark set in February of 25,090 products, ...
15 April 2025
We’re always working hard to make protection more accessible for clients with pre-existing conditions – and we’ve got some updates we think you’ll want to hear about. Income Protection – Type 1 Diabe...
15 April 2025
The Brightstar Group has announced the promotion of Alfie Croker to the newly created role of Group Head of Brand. Alfie joined the Brightstar Group in 2021 with a background in graphic design and ha...
15 April 2025
United Trust Bank (UTB) Property Development has completed a £27.8m facility to support a £40m build-to-rent (BTR) scheme in Canary Wharf. The development is being undertaken by Lotus Living, a priva...
15 April 2025
We’re reducing our mortgage products With effect from Wednesday 16th April, we’ll be making changes to our residential and Buy to Let (BTL) mortgage product ranges. Please click here to view the upc...
15 April 2025
Halifax, Bank of Scotland, BM Solutions & Lloyds Bank update mortgage affordability for homebuyers and remortgages New Stress Test assessment adds up to 13% to typical maximum loan amounts Typical...
15 April 2025
The co-founders of the Mortgage Industry Mental Health Charter (MIMHC) have announced the inaugural MIMHC Charity Ball 2025, sponsored by Market Financial Solutions. The Ball will take place at the ...
15 April 2025
cAtom bank, the UK’s highest rated bank and mortgage lender on Trustpilot, has reduced rates across its Prime residential mortgage range. Rates have been cut by up to 0.20% on two, three and five-yea...
15 April 2025
The Right Mortgage & Protection Network has today (15th April 2025) added buy-to-let and bridging lender, Lendco, to its panel. From today, The Right Mortgage’s appointed representative (AR) firms wi...
15 April 2025
YBS Commercial Mortgages has completed on a semi-commercial deal in just over five weeks from the point of application. The properties in question were commercial units, to be used as a card and gift...
15 April 2025
Mansfield Building Society has made a series of positive criteria changes to support borrowers and widen access to its range of mortgage products. The Society has returned its maximum loan-to-value (...
15 April 2025
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has announced a partnership with Countrywide Home Surveys, part of Countrywide Surveying Ser...
15 April 2025
Leading adviser review site, VouchedFor, has launched a new film, celebrating the importance for clients of a trusted adviser during challenging times. Based on real client reviews collected through ...
15 April 2025
Access Financial Services (“Access FS”) today announced Q1 results for its mortgage division. The first quarter of 2025 saw the brokerage’s mortgage arm post quarterly revenue up 43 per cent year on ...
15 April 2025
Powerful analytics, precise market-leading valuation heat-mapping, predictive price modelling tools and the groundbreaking generative AI assistant will allow mortgage brokers to secure better quality ...
15 April 2025
Buy-to-let lender Landbay has announced its latest round of reductions, with rates cut by as much as 0.10% across its limited edition and product transfer ranges. Cuts to the limited edition range me...
14 April 2025
Go Commercial Finance, a leading specialist in property finance, is delighted to announce its tailored solutions to help UK financial advisors support their clients with the purchase, refurbishment, s...
14 April 2025
Join us at the Buy-to-Let Event Connect on Stage & at the Stand! REGISTER There’s still time to register for the upcoming Buy-to-Let Events. The free-to-attend half-day conference brings together a...
14 April 2025
Conveyancing distributor, conveybuddy, has today (xx April 2025) announced it has made its first quarterly donations to its three charity partners as part of its ongoing charity initiative, aimed at s...
14 April 2025
An experienced developer has avoided unnecessary default interest on an existing loan and secured extra time to obtain Building Control and sales thanks to a £2.1m, 28-day No Valuation bridge from Asp...
14 April 2025
Mortgage Business Expo (MBE) North 2025 welcomed hundreds of brokers, lenders and intermediaries to Manchester’s Central Convention Complex on 28 March, with attendance up 9% on last year. Visitors s...
14 April 2025
Only 4% of mortgage brokers approved of the Spring Statement, according to research from Landbay. The buy-to-let (BTL) lender has today released the results of a poll to gauge the reactions of broker...
14 April 2025
Leading national brokerage Just Mortgages is reporting significant growth in its new build division as demand for Shared Ownership continues to rise across the UK. The division, which specialises in ...
14 April 2025
Proptech Gains New Backing to Accelerate Growth and Innovation Proptech HouzeCheck has new backers. The digital-first surveying portal says it has secured significant investment from Beach Equity Inv...
11 April 2025
Accord Mortgages has reduced rates across its residential and buy-to-let mortgage ranges. Effective from tomorrow (Thursday 10 April), the intermediary-only lender has cut its residential fixed-rate ...
11 April 2025
Cifas are a not-for profit membership organisation that brings different sectors together for the common goal of eliminating fraud and financial crime. Throughout the UK, their experts and services he...
11 April 2025
The Right Mortgage & Protection Network has today (11th April 2025) announced the appointment of a new Regulatory Trainer, Keith White. Keith reports to Head of Regulatory Training, Aidan McCarthy, a...
11 April 2025
The finance provider is to go live with ADP from LendingMetrics - winner of Technology Partner of the Year Award at the Consumer Credit Awards five years running - in the coming weeks at offices in Lo...
11 April 2025
Inspired Lending has completed a £2.1 million bridging facility, enabling the consolidation of three investment properties into a single corporate structure. The loan, provided at 70% LTV over a six-...
11 April 2025
Damien Druce, chief operating officer at Black & White Bridging said: “A modest rebound in February’s GDP figures gives a welcome sign that the economy is showing resilience after a shaky start to th...
11 April 2025
Richard Pike, chief sales and marketing officer at Phoebus Software says: “News that GDP is estimated to have grown by 0.5% in February 2025, with growths in all main sectors, is a welcome surprise g...
11 April 2025
April 11th, 2025 – Loans Warehouse is proud to be pioneering a significant advancement in the processing of secured loans in Scotland—an change that promises to increase efficiency and dramatically re...
10 April 2025
Hi everyone, Spring is finally here – and with it comes that feeling of fresh starts and renewed momentum. It’s been a busy few months at Bucks and I wanted to take a moment to share what we’ve been ...
10 April 2025
The race is on for buy-to-let landlords, as the mortgage market sees a record number of remortgage searches ahead of looming regulatory changes. With the Renters’ Rights Bill and new Stamp Duty rules...
10 April 2025
We’re making some further significant reductions to mortgage rates – some by as much as 38bps. Several of our ‘regular’ (non-Premier) products are now below 4%. All changes are effective from tomorrow...
10 April 2025
Lender reducing all two-year, fixed rates by 20 basis points (bps) and five-year rates by 5 bps Bristol, 10 April 2025 – Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has anno...
10 April 2025
Hampshire Trust Bank (HTB) has strengthened its development finance division with the appointment of Philip Gould as Credit Operations Director. The move adds further depth to the team as it continues...
10 April 2025
United Trust Bank (UTB) is providing funding for the construction of two prestigious new residential developments in Beaconsfield and Marlow by Zafiro Homes Limited, with a combined GDV of £21.6m. UT...
10 April 2025
more2life, the later life lender, has today (10th April 2025) announced a new technology integration with the Advise Wise Platform. The new application programming interface (API) between more2life a...
10 April 2025
10 April 2025: Air Academy has launched the FactFind Learning Programme, in partnership with The Equity Release Council (The Council) and accredited by the London Institute of Banking and Finance (LIB...
10 April 2025
Alternative Bridging Corporation has reduced rates across its development finance product range, with pricing now starting from 0.995% per month. The lower rate is available up to 70% of GDV and is d...
10 April 2025
Buckinghamshire Building Society has reintroduced discounted products across its Everyday buy-to-let (BTL) and Everyday Expat BTL ranges, offering brokers more flexibility as landlords weigh up their ...
10 April 2025
The Financial Intermediary & Broker Association (FIBA) has announced the launch of a digital ‘Knowledge Hub’, providing educational resources on the specialist property finance market. The Hub, which ...
10 April 2025
Target Group implements AI-powered AutoSummary into contact centre solution to transform customer interactions Target Group has expanded its popular contact centre solution, implementing new function...
10 April 2025
Phoebus Software Ltd, the market’s leading mortgages and savings account servicing technology provider, has added Consectus to its growing digital partnership ecosystem. This collaboration will enable...
09 April 2025
YBS Commercial Mortgages is making some positive changes this week, in a bid to support landlords and investors. Effective now, the commercial lender has reduced rates on its buy-to-let tracker produ...
09 April 2025
UTB Mortgages Announces Residential Mortgage Rate Reductions and Increases Max LTI to 6x The new rates and criteria are available with immediate effect. Full details can be found in UTB’s Residentia...
09 April 2025
The UK’s leading whole of market equity release experts, Equity Release Group (ERG), today announced a trio of new hires that will join the Group’s equity release advisory business - Equity Release Su...
09 April 2025
Research by lifetime mortgage lender Pure Retirement found that nearly three in ten (27%) of new lifetime mortgage customers listed repaying debts and mortgages as the primary reason for taking out le...
09 April 2025
Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has launched a new website designed to enhance adviser support. The new site provides a comprehensive pla...
09 April 2025
We’ve made price, affordability and criteria changes across our range, and invite you to join our webinar at 10am Wed 16th April. ⬇️Reduced rates All Standard and RIO LiveMore 1 to 4 rates reduced...
08 April 2025
Phoebus Software Ltd, the market’s leading mortgages and savings account servicing technology provider, has reinforced its dedication to social responsibility through strategic community partnerships,...
08 April 2025
Data from the Building Societies Association (BSA) shows that building societies accounted for a significant 89% of all UK mortgage market growth between January and September 2024. This data, rele...
08 April 2025
Rate reductions From tomorrow, Wednesday 9 April, we'll be reducing selected rates across our New Business and Switcher product range by up to 0.10%. Download our New Business or Switcher product gu...
08 April 2025
Redwood Bank’s newest non-executive director has vowed to support the Bank to grow in her new role as incoming chair of its risk committee, following recent official FCA approval. With more than 20 ...
08 April 2025
LiveMore, the mortgage lender for people aged 50 to 90 plus, has today announced a series of pricing and criteria changes across its Standard, Retirement Interest Only (RIO) and Lifetime (Equity Relea...
08 April 2025
Sole applicants now need minimum income of £35k to benefit from Helping Hand; minimum income requirement for joint applications remains at £55k Nationwide regularly reviews minimum incomes on Helpi...
08 April 2025
Customers describe how it enabled them to ‘stop planning and start living’ Accord is celebrating the first anniversary of the launch of its 5K Deposit Mortgage which has now helped more than 800 peop...
08 April 2025
We wanted to let you know that we’re making some changes to the following Clydesdale Bank products on Wednesday 9 April. Core Products (including Product Transfer) Residential 85%-95% 2 and 5 year...
08 April 2025
Twenty7tec, the leading adviser tech provider, has announced mortgage market statistics for March 2025 as follows: In March 2025, compared to February 2025: Purchase mortgage searches were down 2...
08 April 2025
As part of a broader effort to make home ownership more accessible, Barclays will no longer require a deposit from borrowers purchasing a home under the Right to Buy (RTB) scheme. Barclays will use t...
08 April 2025
Pepper Money has cut rates across its entire product range, with reductions of up to 40bps. The biggest rate reduction is on Pepper36 Light up to 75% LTV, with a cut of 40bps to 5.64%. Other notab...
08 April 2025
The Right Mortgage & Protection Network has today (8th April 2025) announced the addition of mutual, Loughborough Building Society, to its lender panel. With this new partnership, The Right Mortgage’...
08 April 2025
Tuesday 8th April, 2025: Mortgage Brain, the leading provider of mortgage technology solutions, is excited to announce that it has successfully completed an API integration with the specialist bank Al...
08 April 2025
Hampshire Trust Bank (HTB) has completed a £14 million development finance facility to support the delivery of 95 purpose-built student accommodation (PBSA) units in Bristol. The scheme, which benef...
08 April 2025
Aspen Bridging has stepped-in to ensure the completion of a foreign developer’s project in Golden Green with an £855,000 multi-use Refurbishment facility to cover an existing finance agreement, recomm...
08 April 2025
LHV Bank ended 2024, its first full year as a bank, with net profit of £3.1 million and a 7.5% return on equity. LHV Bank’s deposit base grew by 182% over the year, rising to £585 million. The bank’s ...
07 April 2025
Vernon Building Society is proud to announce the launch of its latest mortgage product: a three-year variable rate large loan mortgage, designed to meet the needs of borrowers looking for both flexibi...
07 April 2025
United Trust Bank Mortgages has announced a new partnership with mortgage club Next Intelligence as the specialist lender continues to widen its distribution across Great Britain. Next Intelligence h...
07 April 2025
Leading specialist lender Precise, part of OSB Group, has strengthened its dedicated bridging division with four new roles to support brokers looking for short term finance solutions on behalf of thei...
07 April 2025
7th April 2025 – UK later life lender, Standard Life Home Finance, has increased the maximum loan-to-values (LTVs) available across its Horizon lifetime mortgage range, rising from 49% to 51%. This me...
07 April 2025
Average UK house price falls in March House prices fall by -0.5% in March (vs -0.2% in February) Average property price now £296,699 (compared to £298,274 in previous month) Annual rate of growth...
07 April 2025
London Credit has completed an £800,000 bridging loan secured against a semi-commercial property in Chiswick, West London. The funding enabled the borrower to release capital for reinvestment into a s...
04 April 2025
finova Broker, a leading mortgage and protection CRM provider, has announced its latest integration with UnderwriteMe’s Protection Platform, further expanding the choice of protection sourcing solutio...
04 April 2025
The Halifax House Price Index for March 2025 will be issued via press release at 0700 hrs on Monday 7th April 2025.
04 April 2025
YBS Commercial Mortgages has been named ‘Best Commercial Mortgage Provider’ at the 2025 Business Moneyfacts Awards. The commercial lender was also highly commended in the category ‘Best Service from ...
04 April 2025
Hanley Economic Building Society has launched its Home Renovation Mortgage, replacing the previous Light Refurbishment Mortgage. The product is designed to support borrowers making improvements to the...
04 April 2025
Fleet Mortgages, the buy-to-let specialist lender, has today (4th April 2025) launched a new Guide for advisers and landlords entitled, ‘A Guide to HMOs: Licencing, Planning & Article 4’. The new gui...
04 April 2025
Friday 4th April, 2025: Mortgage Brain has appointed David Louw as Team Leader for Intermediary Success, as the company continues to strengthen its commitment to delivering practical technology soluti...
03 April 2025
Next Intelligence is excited to announce major updates to its lender panel, adding six new lenders in Q1 as well as introducing payment route access to a further four existing packaged-only lenders. ...
03 April 2025
Quarterly Regional House Price Update Annual rate of house price growth remained stable in March at 3.9%, unchanged from February Northern Ireland remained the top performing area, with annual pri...
03 April 2025
Roma Finance is pleased to announce the successful completion of its first seven-figure transaction using the recently launched RomaPRO product. The £1.47 million Buy-to-Let mortgage was secured for a...
03 April 2025
We've reduced our Product Switch window We recently advised you that we’d reduced our Product Switch window from 180 days to 90 days. However, to minimise the impact to your customer, we are now maki...
03 April 2025
Key Later Life Finance, the UK’s leading equity release adviser, says the recent speech (published 28/03/25) by Financial Conduct Authority Chief Executive, Nikhil Rathi, is “hugely encouraging” with ...
03 April 2025
United Trust Bank Mortgages has underlined its technology leadership with the launch of its upgraded Broker API. Using the new API, brokers can now complete mortgage applications including running cr...
03 April 2025
Hampshire Trust Bank (HTB) has introduced key improvements to its heavy refurbishment bridging proposition, giving brokers greater scope to structure complex cases with flexibility and confidence. E...
03 April 2025
Foundation Home Loans, the intermediary-only specialist lender, has today (Thursday 3rd April) announced a full refresh of its buy to let product range, including a significant increase of maximum loa...
02 April 2025
We wanted to let you know that we’re making the following rate increases on Thursday 3 April. Purchase 65%, 75% & 85% LTV 5 year fixed rates will be increased by up to 0.10%. 85% LTV Shared Owner...
02 April 2025
Heather Hancock, head of credit & operations at Black & White Bridging, commented: "The latest UK Finance figures paint a more complex picture of the buy-to-let market than headlines might suggest. W...
02 April 2025
Iress announces Coventry Building Society is the latest lender to join Lender Connect, its API-based service that connects brokers directly with lenders. Lender Connect, which pre-populates decisions...
02 April 2025
New Redwood Bank Chief Financial Officer [subject to regulatory approval] Sergio Cruz is embracing “the opportunity to continue to shape the future” of the Bank after rising through the ranks over the...
02 April 2025
Fleet Mortgages, the buy-to-let specialist lender, has today (2nd April 2025) released the latest iteration of its Buy-to-Let Rental Barometer covering Q1 2025 rental yields across England and Wales. ...
02 April 2025
Inspired Lending has completed a £980,000 developer exit facility secured against a newly built residential property in East Sussex. The borrower, an experienced property developer, sought funding to...
02 April 2025
Buckinghamshire Building Society has announced a series of product updates and criteria improvements designed to offer greater flexibility and accessibility for a wider range of borrowers. The change...
02 April 2025
MagiClick, the award-winning digital agency, has announced the renewal of their partnership with Vida Bank following the successful implementation of a modern digital platform for the UK's new Special...
01 April 2025
Launching today our 🌷Spring Saver limited-edition, our ⬇️Standard & RIO reduced rates, and ➕enhanced eligibility criteria. 🌷Spring Saver limited-edition New 2-Year rates reduced by up to 0.59% ver...
01 April 2025
Swansea Building Society has expanded their association with Glamorgan Cricket to become an Official Partner of the Club for the forthcoming 2025 season. The partnership brings together two historic W...
01 April 2025
Welcome to issue 21 of reportER, our monthly newsletter. In this edition we have insight into upcoming changes... ...
01 April 2025
United Trust Bank (UTB) Bridging has completed a £234,000 second charge bridging loan enabling their customer to purchase a retirement home abroad. The borrower wanted to complete the purchase of the...
01 April 2025
London Credit has provided a £1.53 million bridging loan to refinance a commercial property in Luton, enabling a returning borrower to release capital for a new investment opportunity. The borrower r...
01 April 2025
Nearly half of buy-to-let landlords have no intention of selling any properties in the next 12 months, the latest landlord survey from Landbay can reveal. Speaking to the buy-to-let lender, 47% of la...
01 April 2025
Black & White Bridging, the market-leading specialist lender, has strategically restructured its organisation to enhance leadership capacity and support the company’s ongoing growth and scalability. E...
01 April 2025
LiveMore, the mortgage lender for people aged 50 to 90 plus, has today announced new Spring Special limited-edition rates, reduced rates on the core range and an update to its borrower eligibility cri...
