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Press releases for July 2024

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18 July 2024

A PROFESSIONAL OFFICE NEWS RELEASE RADICAL NEW TECH DEVELOPMENT DELIVERS SEAMLESS ONE STOP ID VERIFICATION PROCESS -A BONA FIDE GAME CHANGER FOR FINANCIAL SERVICES A GAME changing new app launched b...

18 July 2024

July 18th, 2024. With the FCA currently sending invoices to regulated firms for annual fees, Premium Credit is providing a finance option to cover the cost. This allows firms to spread the cost over m...

18 July 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has today reduced rates on retirement interest-only (RIO) and standard mortgages until the end of July. The reductions apply across standa...

18 July 2024

Target Group, a leading provider of business process servicing and digital transformation, has promoted Katie Pender to the position of Chief Operating Officer (COO). Katie joined Target in 2019 as h...

18 July 2024

Hampshire Trust Bank (HTB) has announced several changes to its Specialist Mortgages team as it prepares for further growth and distribution of its specialist BTL and semi-commercial proposition in th...

18 July 2024

Mansfield Building Society has announced its launch into the Scottish buy-to-let (BTL) market. The move will see the lender roll out its existing business BTL, Consumer BTL and regulated Family BTL...

18 July 2024

Knowledge Hub – VAS Valuation Group’s library of short education videos answering the most common questions about the valuation sector – has expanded once more with five new resources. For VAS Panel,...

18 July 2024

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (18th July 2024) announced an upcoming webinar for member firms focused on client and matter risk a...

17 July 2024

Following the first King’s Speech of the new Labour government, where Prime Minister Sir Kier Starmer vowed to ‘get Britain building’, we have a comment from Target Group. Melanie Spencer, sales and ...

17 July 2024

"Chronically poor and sclerotic homebuying process" Following the King's speech today here is the comment from OPDA chair, Maria Harris, which I hope will be of interest. Maria Harris, chair of the ...

17 July 2024

Please find below, a comment on the King’s Speech from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and LiveMore, commented: ...

17 July 2024

17 July 2024: Acre today announced it’s seen platform usage double in the past 12 months. In a year that saw Consumer Duty come into effect, interest rates rise and drop in mortgage lending, more brok...

17 July 2024

Brilliant Solutions, the specialist mortgage club and packager, has announced the appointment of Sonny Gosai as Bridging & Commercial Director. Sonny returns to the company having worked for the busi...

17 July 2024

Richard Harrison, Head of Mortgages at Atom bank, comments: “The fact that the ONS has now reported three months of straight house price increases is a good indication of the growing confidence in th...

17 July 2024

An award-winning bank has further strengthened its commitment to supporting British businesses with the announcement of a key promotion. Redwood Bank is on a mission to become the UK’s best speciali...

17 July 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has made a key promotion of successful mortgage manager Tara Panayi to the role of divisional sales director across Cardiff, South Wales, a...

17 July 2024

The Financial Intermediary & Broker Association (FIBA), part of SimplyBiz, has announced the addition of landlord finance specialist Factored to its lender panel. Factored is designed to help landlor...

17 July 2024

Richard Pike, chief sales and marketing officer at Phoebus, said: “No change in the core inflation rate is great news for borrowers and lenders, as it will hopefully encourage the Bank of England to c...

17 July 2024

Please find below, comment from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and LiveMore, commented: “Inflation has held at...

17 July 2024

Nick Hale, Chief Executive Officer at Movera, a group of home moving businesses including ONP Solicitors, commented: “Inflation stalling at the Bank of England's 2% target is still positive news for t...

17 July 2024

Pepper Money has hosted its first broker wellbeing event for 40 invited guests, as part of its Be More You campaign. The event, called Retreat, was held at Menier Penthouse in London on 10th July a...

17 July 2024

April Mortgages has appointed Stephanie Burke as Director of Risk and Compliance in the latest step in its journey to provide greater peace of mind to the mortgage market. April Mortgages’ innovative...

17 July 2024

Buckinghamshire Building Society has announced a significant increase in the take-up of its later life lending proposition with Decision in principles doubling from May to June 2024. This growth under...

17 July 2024

The Mortgage Industry Mental Health Charter (MIMHC) is calling for systemic change and far greater support for those in need following the publication of its Mental Health and Wellbeing White Paper 20...

16 July 2024

‘The ‘Buy to Let’ brand of specialist lender, Foundation Home Loans, has today (16th July 2024) announced new Limited Edition buy-to-let products and a number of price cuts, while its ‘Residential’ br...

16 July 2024

HTB's Development Finance team set a new completions record in June marking the most successful month in the department's history. This achievement follows a record-busting performance in April for ...

16 July 2024

Loughborough Building Society has announced the promotion of Luke Berrington to the newly created position of senior telephone BDM. Luke has accumulated 17 years’ worth of financial services experie...

15 July 2024

The UK’s leading whole of market equity release experts, Equity Release Group (ERG), has today announced a new partnership with Responsible Lending, the exclusive providers of the Royal London Equity ...

15 July 2024

Hampshire Trust Bank (HTB) has completed a £25 million deal with GMV Twelve for a new neighbourhood in Leeds. The funding will be used to build the flagship Kirkstall Forge suburb in western Leeds by...

15 July 2024

Rosemount Financial Solutions (IFA), the mortgage, protection and financial planning network, has entered into a new strategic partnership with 7IM. As a result, appointed representatives (ARs) of Ro...

12 July 2024

The Right Mortgage & Protection Network has today (12th July 2024) announced a further addition to its marketing team with the appointment of a new Marketing Team Leader. Danielle Wilson joins the bu...

12 July 2024

London Credit has strengthened its team with the recruitment of three new team hires. Jake McCausland has joined London Credit lead the lender’s planned expansion into development lending, which is ...

12 July 2024

• Nathan Wilson joins as senior underwriter • Ella Hosier joins as lending manager • Barry Ireland joins as business development manager • Olivia Colmer-Lynch promoted to senior lending manager • Jami...

12 July 2024

Inspired Lending has today (12th July 2024) announced that it is now lending in Scotland. The bridging finance provider launched in England and Wales in November 2023 and has now extended its offeri...

12 July 2024

Try Mortgage Network (TMN), the boutique appointed representative network owned by Try Financial Ltd, has announced its brand-new partnership with insurance technology platform, UnderwriteMe, with the...

11 July 2024

Specialist lender Spring Finance (Spring) has reduced rates on its residential, semi-commercial and commercial bridging loans. The residential changes are across both its FCA regulated and unregulated...

11 July 2024

Aspen emphatically said ‘I do’ to a speedy £2.5m Residential bridge, completed in just three days, with the borrower having two reasons to celebrate having also got married on the day of drawdown. W...

11 July 2024

Following the release of the latest ONS construction output figures, which shows monthly construction output increased 1.9% in May, we have a comment from Beard Construction. Fraser Johns, finance d...

11 July 2024

‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, has today (11th July 2024) announced a number of price cuts across a range of buy-to-let products. The lender is announcing ...

11 July 2024

Alternative Bridging Corporation has recruited Sirui Liao as a new Case Manager, strengthening the support the lender provides to brokers. Sirui Liao joins Alternative Bridging from Profound Financ...

11 July 2024

CLSQ has launched a Bamboo Indemnity Insurance to provide protection should bamboo be identified on a property as a result of encroachment from a neighbouring property. As part of its invasive specie...

11 July 2024

SimplyBiz has announced an election themed Advice Show taking place on the 15th of July from 9.30am, featuring leading industry specialists exploring the implications of the election from a financial ...

10 July 2024

Broker Conveyancing, the broker-focused conveyancing distributor, has today (10th July 2024) announced the appointment of a new Area Director, covering the East Anglia and Essex regions. Steve Johnso...

10 July 2024

The majority of buy-to-let landlords have said that they plan to raise rents in the coming 12 months, new data from the Landbay survey can reveal. While nearly 85% of landlords made the admission, mo...

10 July 2024

This week sees the release of an exclusive range of mortgages across two of Marden Building Society’s product ranges, available only to SimplyBiz Mortgages members. The mortgages have been designed f...

10 July 2024

Pepper Money has announced price reductions on its 5-year fixed rates and reintroduced its popular mid-fee products. The specialist lender has reduced rates by 0.10% on its 5-year fixed rates across...

10 July 2024

In the latest iteration of its Home Survey Trends Index for Q2 2024, Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has noted a 0.9% increas...

10 July 2024

KSEYE, has completed a £14.25m development exit loan at 75% LTV, taking the experienced bridging lender’s cumulative lending to nearly £800m. The loan, introduced by Mantra Commercial, was a developm...

10 July 2024

United Trust Bank (UTB) is responding to increased enquiries from housebuilders and property developers in the first half of 2024 with three new appointments to its Property Development team. The spe...

09 July 2024

Norton Broker Services, the specialist finance packager and master broker, has recently secured a bridging loan worth £1,559,000 with Funding 365 for a foreign national residing in the UK who needed t...

09 July 2024

Source Insurance has announced a partnership with one of the UK’s largest and fastest growing wealth management firms, Fairstone. This alliance enables Fairstone’s Mortgage experts to offer an extensi...

09 July 2024

Nick Hale, Chief Executive Officer at Movera, a group of home moving businesses including ONP Solicitors, commented: “Chancellor Rachel Reeves announcement today is a clear signal of Labour’s commitme...

09 July 2024

Richard Pike, chief sales and marketing officer at Phoebus Software, said: “Chancellor Rachel Reeves’ announcement today leaves some questions unanswered. Planning issues, coupled with the manpower to...

09 July 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has partnered with Co-op Legal Services to provide all clients with a free wills and estate planning legal review. The new legal service w...

09 July 2024

Roma Finance, the lender that loves to lend, has achieved a record quarter with three back-to-back record months on completions. Fundings increased by 38% in Q2 compared to the same period in 2023. ...

09 July 2024

CLSQ has launched LiveEPC – an innovative solution designed to provide UK mortgage lenders with real-time access to Energy Performance Certificate (EPC) data. LiveEPC empowers mortgage lenders to c...

09 July 2024

Pepper Money has introduced significant enhancements to the customer and broker journey, by introducing a paperless application journey for second charge mortgages. The changes are a direct response...

09 July 2024

The Right DA Club has today (9th July 2024) announced a number of initiatives focused on supporting adviser member firms in developing their Private Medical Insurance (PMI) sales propositions. In ord...

08 July 2024

Dudley Building Society is pleased to announce a 9.3% increase in its mortgage book for the financial year 2023/24, growing from £436.1 million to £476.8 million. The mutual reported a profit before ...

08 July 2024

Hinckley & Rugby for Intermediaries has today (8 July) enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new fixed-rate options. These changes apply to Hinckle...

08 July 2024

• The Growth Guarantee Scheme is the successor to Recovery Loan Scheme (RLS) • Atom bank has been an active participant in both the RLS and its predecessor schemes • Accreditation demonstrates Atom ba...

08 July 2024

Norton Home Loans has announced the introduction of two new Optimal plans on its 1st and 2nd charge mortgages. The plans have been designed to appeal to a wider pool of borrowers and are aimed at t...

08 July 2024

Source Insurance has announced a partnership with one of the UK’s largest and fastest growing wealth management firms, Fairstone. This alliance enables Fairstone’s Mortgage experts to offer an extensi...

08 July 2024

Alternative Bridging Corporation has provided a £560,000 light refurbishment loan for a property owner in Barnet, demonstrating the specialist lender’s commitment to delivering quick and reliable fina...

08 July 2024

The Financial Intermediary & Broker Association (FIBA), part of SimplyBiz, has announced it has partnered with Grant Thornton’s Financial Services Deals Team. The relationship grants FIBA members acc...

05 July 2024

Karl Wilkinson, CEO of Access Financial Services, said: “With the Labour win, some landlords will be reconsidering their options. Labour said they will immediately ban Section 21 no-fault evictions, w...

05 July 2024

Please find below, a comment on the General Election results from Matt Harrison at finova Payment Services. Matt Harrison, Sales Director at finova Payment Services (fPMS) commented: “If handled righ...

05 July 2024

Richard Pike, chief sales and marketing officer at Phoebus, said: “It will be a real long-term boost for the property industry if Labour kicks off in seriousness their ambitious housebuilding programm...

05 July 2024

Please find below, comment on the General Election results from Nick Hale, at Movera the major home moving group. Nick Hale, Chief Executive Officer at Movera, a group of home moving businesses inclu...

05 July 2024

Please find below, comment on the General Election results from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and finance at L...

05 July 2024

Richard Harrison, Head of Mortgages at Atom bank, comments: “A general election always brings with it a sense of uncertainty, so it’s welcome to have such a definitive result. The size of the majorit...

05 July 2024

Hennah Haywood Law has secured a place on My Legal Club’s UK conveyancing panel after a review of solicitors wishing to join the panel. Hennah Haywood Law joins My Legal Club’s panel alongside solici...

04 July 2024

Following the release of the latest CIPS PMI construction data, which shows total construction output continue to rise, we have a comment from Beard Construction. Fraser Johns, finance director at B...

04 July 2024

A better rate and preferably structured loan ensured Aspen beat a close competitor to secure a near £4 million Refurbishment bridge for an Egyptian national with a proven resume of multi-million pound...

04 July 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, has strengthened its self-employed division and its presence in Scotland with the appointment of Grant MacKay as sales manager. Based near...

04 July 2024

Adam Oldfield has been promoted to managing director of Phoebus Software, effective from the 1st July 2024, as Paul Hunt becomes vice chair of the board of directors. Adam joined Phoebus five years a...

04 July 2024

An award-winning specialist business bank has today launched a best-in-class savings bond to boost savers. The new 1 Year Business Savings Bond with an annual rate of 5.20% AER underscores Redwood B...

04 July 2024

A better rate and preferably structured loan ensured Aspen beat a close competitor to secure a near £4 million Refurbishment bridge for an Egyptian national with a proven resume of multi-million pound...

04 July 2024

• Specialist finance distributor bolsters QA team as it targets further growth • Anni Meakin has now assumed the role of Quality Assurance Officer • Juliette Berry has also been appointed Quality Ass...

04 July 2024

The Conveyancing Association (CA) – the leading trade body for the conveyancing industry – has today (4th July 2024) released an in-depth guide detailing the key sections of the Leasehold and Freehold...

03 July 2024

Mortgage Intelligence, a leading provider of mortgage network services, is delighted to announce the addition of Criteria Brain and Affordability Brain software to its suite of free tools for network ...

03 July 2024

The Open Property Data Association (OPDA) is calling on whoever forms the next Government to take a strong lead on urgently reforming the notoriously sluggish homebuying process so that the market can...

03 July 2024

London, 3 July 2024 Tuscan Capital, the short-term property finance specialist, has today (3rd July 2024) announced the completion of a £2.1 million mid-term loan for two properties based in the Midl...

03 July 2024

‘Residential by Foundation’, the residential brand of intermediary-only specialist lender, Foundation Home Loans, has today (3rd July 2024) announced the reduction of a number of rates across its prod...

03 July 2024

Almost two thirds of commercial brokers seeing growing interest from SME clients Business confidence top factor behind borrowing demand, ahead of lender appetite Brokers seeing greater interest from...

03 July 2024

Private Label is introducing the next evolution of the mortgage lending brand, with the launch of the ‘Rockstar Range’ of products. The Range of mortgages is designed for individuals who embody the s...

03 July 2024

Target Group, a leading provider of business process servicing and digital transformation, has announced the appointment of Tom Trevorrow as chief commercial officer (CCO). A solicitor by training, T...

02 July 2024

UK, 2 July 2024: Mortgage Brain’s Mortgage Vision is back, and this year it’s bigger and better than ever. The leading provider of mortgage technology solutions is thrilled to announce new locations, ...

02 July 2024

Fleet Mortgages, the buy-to-let specialist lender, has today (2nd July 2024) released the latest iteration of its Buy-to-Let Rental Barometer covering Q2 2024 rental yields across England and Wales. ...

02 July 2024

Precise, part of OSB Group, has launched a new limited edition residential range, with rates slashed by at least 0.60% and starting from 5.39% with a 1% fee across Tiers 0 to 5. The range is availab...

02 July 2024

PayPlan, one of the UK’s largest debt advice organisations, is trialling the MorganAsh Resilience System (MARS) to better identify and assess vulnerable customers. Following a successful trial, the p...

02 July 2024

A new campaign aimed at addressing key issues within the conveyancing sector is gaining momentum, with industry leaders attending their second forum to discuss key issues facing the sector and how col...

02 July 2024

Brokers can look forward to a strong second half of 2024, according to Rob Jupp, Group CEO at the Brightstar Group. Speaking in a recent video conversation with Chris Kirby, Head of Sales & Specialis...

02 July 2024

Innovative longer-term lender April Mortgages has appointed James Pagan as Director of Product & Portfolio Management as it continues its mission of delivering greater peace of mind to the UK mortgage...

02 July 2024

Among new customers home improvements and debt repayment are tied as the top primary reason for releasing funds among new lifetime mortgage customers, according to analysis by later life lender Pure R...

02 July 2024

The cherryplc.co.uk forum has responded to user requests by creating a space where brokers and advisers can cite their frustrations and suggestions so that lenders and other providers can be informed ...

01 July 2024

An award-winning British bank has bolstered its growing operations north of the border with a seasoned Scottish finance expert. Chris Pallis, who has 17 years of experience in finance with firms incl...

01 July 2024

Hampshire Trust Bank (HTB) has eased crucial demand for student accommodation in York with an £8.4 million development delivering an 81-unit purpose-built student accommodation (PBSA). The client, Urb...

01 July 2024

Alternative Bridging Corporation has strengthened its Underwriting team, with the recruitment of Beata Szejna as a new Underwriting Assistant. Beata brings with her extensive experience in the fina...

01 July 2024

London-based Fintech Sikoia is partnering with leading digital banking platform Mutual Vision, which will dramatically reduce the administrative work involved in cases, delivering a better experience ...

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