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Press releases for January 2022

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14 January 2022

The figures reported directly to Loans Warehouse from second charge lenders confirm lending totalled £118.4 million in December 2021. Whilst the number of completed loans reduced to 2,500, the averag...

14 January 2022

Mortgage Broker Tools has launched a major upgrade to its Affordability research platform with the introduction of bespoke calculations for borrowers earning income through the Construction Industry S...

14 January 2022

Fraser Johns, finance director at Beard said: “The growth in output in November is certainly encouraging that the construction sector is moving in the right direction. A major positive is that in the ...

14 January 2022

Aspen Bridging worked through the Christmas break to complete a £981k bridge in 18-days to ensure an applicant cleared their existing debt and avoided costly penalties early in the new year. Consis...

13 January 2022

New analysis from Knowledge Bank shows business owners are turning to second charge mortgages to raise capital as the Omicron variant disrupts industries across the UK. These findings come from the la...

13 January 2022

Pepper Money has made several enhancements to its Residential criteria to make its proposition more accessible to a diverse group of home movers and remortgage customers. The specialist lender has r...

13 January 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (13th January 2022) announced it completed £782m of lending during the 2021 calendar year, posting a pre-tax profit of £6.97m. Through the...

13 January 2022

Fiduciam, the institutionally funded short-term lender to housebuilders and entrepreneurs, is targeting a major expansion in Scotland for 2022. A new Scottish team has been established with a nationwi...

12 January 2022

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to record highs, mortgages rates at less than 1% and the end of the stamp duty holiday which helped 1...

12 January 2022

Mansfield Building Society has reduced rates and simplified its buy to let mortgage range with four new products, all accepting applications for Standard, Consumer and Limited Company Buy to Let with ...

12 January 2022

Specialist buy-to-let lender Landbay has been officially certified as a Carbon Neutral Business for the offsetting of its greenhouse gas emissions. The endorsement comes from Carbon Neutral Britain, ...

12 January 2022

Suros Capital, the luxury asset short term lender, has advanced £53,200 (70% LTV) to a restauranteur against a collection of Rolex, Hublot and Audemars Piguet watches valued at £76,000. In the proces...

12 January 2022

12th January 2022: General insurance provider Berkeley Alexander has announced the appointment of Caine Bruce to its broking team. Caine joins from One Answer Insurance, where he was a sales agent an...

12 January 2022

Alternative Bridging Corporation has strengthened its sales team with the recruitment of two new BDMs. Paul Gavin joins Alternative Bridging Corporation as a BDM for the North with more than 15 years...

11 January 2022

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has become the first third-party system to integrate with Submissions Brain,...

11 January 2022

Leading broker firm, Just Mortgages has restructured into East and West divisions in order to efficiently manage its growth, with changes taking effect this week. The firm has grown at least 20% every...

11 January 2022

Sherice Neil has joined Hampshire Trust Bank (HTB) as head of new business, Property Finance. Sherice joins HTB from MT Finance, where she was head of new business, to work alongside the HTB Speciali...

11 January 2022

The latest Pepper Money Adverse Credit Study has revealed that more than half of customers with adverse credit looking to buy a property say they would speak to a broker to help them get a new mortgag...

11 January 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (11th January 2022) announced a number of price reductions across all three of its core areas of lending – standard, limited company/LLP, a...

11 January 2022

United Trust Bank (UTB) has appointed Alex Cooper as Specialist Motor Finance - Lead Business Development Manager within its Asset Finance Sales team with the specific objective of continuing to grow ...

11 January 2022

UK, 11 January 2022: Mortgage technology expert Mortgage Brain is to hold its next Criteria Masterclass on 19th January, on the topic of ‘Where home matters to everyone’. The Masterclass is being run...

11 January 2022

Black & White Bridging, the national short term lender, has appointed Naeem Tabassum to the post of Financial Director. Naeem, who has been instrumental in the financial development of some of the be...

11 January 2022

The research, undertaken by anti-fraud experts SEON, has revealed the areas with the highest rates of business fraud per 100,000 people. The research used data from Action Fraud and recorded both the...

10 January 2022

Impact Specialist Finance has announced that all their exclusive and semi-exclusive products can now be sourced on the intermediary product sourcing systems, MortgageBrain and Sourcing Brain. Impact’...

10 January 2022

Recognise Bank, one of the UK’s newest challenger banks, has opened a new regional hub in Leeds, showing its commitment to the North and reinforcing its fintech credentials. Recognise will now be bas...

10 January 2022

Stonebridge, the national mortgage and insurance network, has today (10th January 2022) announced its Check, Action & Resolve (CAR) system has now hit over 1.1 million checks across more than 28,000 m...

10 January 2022

Ilkley, UK – 10th January 2022 - SmartSearch, the leading anti-money laundering specialist, today announces the appointment of Guy Harrison as CEO. Guy will drive SmartSearch’s strategic plan to build...

10 January 2022

Bridging lender TAB is to invite brokers to use its new office at The Grain Yard, in Borehamwood, as a hot desk base. TAB is offering brokers a private room to work with access to all the lender’s am...

10 January 2022

Sirius Property Finance has partnered with Miragon Investments to secure the completion of a development loan to finance the conversion of a listed mansion with a Gross Development Value (GDV) of £26m...

07 January 2022

Martin Cheek, MD of SmartSearch said: “To have a high-profile law firm like Mishcon de Reya receiving one of the largest fines the SRA has issued should act as a wake-up call for the legal sector. “T...

07 January 2022

Fraser Johns, finance director at Beard, said: “While growth slowed in December, the overall picture is a positive one. Supplier delays are easing slightly, price inflation is reducing and starting to...

06 January 2022

Leading broker firm, Just Mortgages has doubled its number of area directors from 11 at the start of 2021, to 22. The rapid expansion has been essential to support the growing numbers in the self-emp...

06 January 2022

Landbay starts off the new year with a complete product refresh to simplify its buy-to-let mortgage range and has added new build homes into its Green criteria. The specialist lender has made signifi...

06 January 2022

Castle Trust Bank has cut the rate on one of its most popular products, extended special offers and improved valuation criteria as part of a range of new year proposition enhancements. The specialist...

06 January 2022

Pepper Money has been given regulatory approval to complete its integration with Optimum Credit. Under the integration, Optimum Credit will be rebranded as Pepper Money, meaning that the specialist ...

05 January 2022

- 59 per cent of buy-to-let community say the term “landlord” is dated - “Small housing provider” is preferred alternative - 88 per cent say they are unfairly portrayed as this generation’s financial...

05 January 2022

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced a 100% pass rate across its training academy with all 28 trainees graduating as...

05 January 2022

Homeowners are expected to be more proactive in 2022 as they seek to escape from short leaseholds and onerous ground rents which have left them unable to sell their properties. Leasehold expert Jona...

05 January 2022

Mansfield Building Society has appointed Tom Molloy as its Intermediary Sales Manager following the departure of Andy Alvarez. Tom has been the Society’s National Account Manager for mortgage interme...

04 January 2022

Richard Adams, Founder and Stonebridge Board Adviser, sadly passed away on Boxing Day 2021 after a long battle with cancer. Richard died at home with his family around him – wife, Jan, his son, Tom, ...

04 January 2022

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “The publication of today’s Bank of England statistics show there were 67,000 mortgage approvals in November 2021, which was significantly...

04 January 2022

John Phillips, national operations director, Just Mortgages said: “While the market has certainly cooled since the end of the stamp duty holiday, approvals remained robust in November. “Traditionally...

04 January 2022

Richard Pike, Phoebus Software sales and marketing director, says “Starting the new year with a look back to November gives us an idea of things to come, especially when we look at remortgaging. The f...

04 January 2022

Funding allows developer to refinance and progress to next stage of the development. Recognise Bank has announced the completion of a £2.3 million bridging loan deal on an eco-housing development in ...

04 January 2022

According to research by Foundation Home Loans, the intermediary-only specialist lender, 67% of all homeowners, or those who want to become homeowners, would consider a lower mortgage rate based on th...

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