Press releases for February 2023
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 March 2023
Adam Oldfield, chief revenue officer at Phoebus Software, says “The Bank of England has today confirmed what most people in the housing industry, and around the country, already knew. 2023 started wit...
01 March 2023
Simon Webb, managing director of capital markets and finance at LiveMore, said: “It’s no surprise that net lending fell in January as many of these mortgages would have started their journey around th...
01 March 2023
John Phillips, national operations director at Just Mortgages said: “There are many that think my continuing optimism in the housing market is unfounded but with house prices rising by 9.8% in the 12 ...
01 March 2023
Castle Trust Bank has strengthened its Sales team and coverage with the recruitment of Ryan Johnson as Business Development Manager for the South East & East Anglia. Ryan has a broad experience in spe...
01 March 2023
Property consultancy Allsop has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Allsop is an independent property consultancy...
28 February 2023
Dudley Building Society has introduced a range of two year fixed rate products, as they continue to build out their mortgage product offering. They have also reintroduced their self-build product rang...
28 February 2023
Hampshire Trust Bank (HTB) has announced the appointment of Alex McMillen as business development manager (BDM) within its bridging division. Alex has over 10 years’ experience in the mortgage financ...
27 February 2023
United Trust Bank (UTB) has appointed Michael Macleod as Business Development Manager in its Bridging Sales team as the award-winning lender continues to develop its broker support across England, Wal...
27 February 2023
Aspen Bridging has saved an experienced developer’s latest project after the previous lender kept delaying works by failing to provide further drawdowns in a timely manner. Development of the 19th c...
27 February 2023
27th February 2023: Later Life Lending Network Celebrates 6 Years of Exceptional Service, Marking Impressive Growth and Milestones in the Equity Release Industry The Later Life Lending Network is pro...
27 February 2023
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 30 basis points (bps) across its five-year fixed-rate mortgage products. The lender said that it is of...
24 February 2023
Tandem Bank has announced that it has agreed a partnership with The Right Mortgage & Protection Network to provide its members with access to Tandem’s residential mortgage products, available through ...
23 February 2023
23 February 2023: Acre, the one-click mortgage intermediaries platform, today announces a partnership with Simplify, one of the UK's leading independent conveyancing and property services firm and own...
23 February 2023
United Trust Bank (UTB) has appointed Stephanie Vincent as Savings Distribution Manager as it seeks to significantly grow its business deposits business. Stephanie has worked in banking for nearly 18...
23 February 2023
A company which charged taxpayers significant sums to make claims for tax refunds has been stopped from operating, according to a release from HMRC. Tax Credits Ltd (TCL) can no longer trade as a rep...
23 February 2023
The Association of Short Term Lenders (ASTL) has announced the date for its Annual Conference later this year. The 2023 ASTL Annual Conference will be held on Thursday 9th November when the Conferenc...
23 February 2023
Suros Capital, the luxury asset lender, announced today that it has joined the lender panel of Cardiff based specialist distributor, Specialist Finance Centre (SFC). Suros’ unique short term finance p...
23 February 2023
A recent report by Swiss Re “Life Cover Payouts – under the microscope” revealed some challenges for new and existing life policies. An increased understanding of customers’ vulnerability required und...
23 February 2023
Specialist Finance Centre (SFC), the second charge and specialist finance packager, has announced the appointment of Joe Dillon as its Recruitment Director. Joe has joined the Cardiff-based broker to...
23 February 2023
Leading mortgage and protection firm, Access Financial Services, has appointed Peter Phillips as the new training manager for its academy in a bid to have over one thousand advisers in the next three ...
23 February 2023
The Right Retirement Plan is a comprehensive solution that allows financial advisers to plan for the future of their businesses, ensuring continuity of service for their clients while addressing their...
22 February 2023
Knowledge Bank, the UK’s largest database of lending criteria has today launched a new lender focused criteria system called KB PRO that gives lenders a dedicated system to better manage their criteri...
22 February 2023
Adviser CRM platform, 360 Lifecycle, facilitated over £7 billion in lending in Q4 2022, exceeding over £42 billion for the year, a 13% increase from 2021. This figure is higher than any year previousl...
22 February 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (22nd February 2023) brought back its range of two-year fixed-rate products for landlord borrowers, as well as launching a new range of fiv...
22 February 2023
Just Mortgages believes that the term Shared Ownership is acting as a barrier to the very borrowers it is designed to help. They state that feedback from across their broker network reveals clients re...
22 February 2023
Karl Wilkinson, CEO at Access Financial Services said: “This significant drop shows that homeowners are now putting moving plans on hold while they deal with the mounting pressure of the cost-of-livi...
21 February 2023
Simon Webb, managing director of capital markets and finance at LiveMore, said: “There has been a significant drop in the number of non-seasonally adjusted housing transactions in January falling by 2...
21 February 2023
John Phillips, national operations director at Just Mortgages said: “these transaction figures show us that the housing market is continuing to defy the critics and doom-mongers. “Significant pressur...
21 February 2023
Adam Oldfield, chief revenue officer at Phoebus Software, said: “This is a huge fall in property transactions in January and is a clear indicator of people’s reluctance to move in the current climate ...
21 February 2023
MAB advisers will now be able to access Tandem’s first charge residential remortgage and purchase products. Ben Thompson, Deputy Chief Executive of Mortgage Advice Bureau commented, “We are delighted...
21 February 2023
SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings and sanctions loopholes which continue to a...
21 February 2023
LiveMore has expanded its product range to include a 2-year fixed rate mortgage available on its Retirement Interest Only Mortgage as well as its Fixed Term Mortgage, which includes interest-only and ...
21 February 2023
Loan sizes offered to Buy to Let borrowers have bounced back following the market contraction last autumn, according to the latest data from Mortgage Broker Tools (MBT). Analysis of real cases proces...
21 February 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (21st February 2023) added specialist buy-to-let lender, Quantum Mortgages, to its lender panel. The intermediary-onl...
21 February 2023
Sirius Property Finance has completed the refinance of semi-commercial loan for more than £24.4m, within four weeks of terms being issued. The specialist debt advisor was approached by boutique Lond...
20 February 2023
Conveyancers who attended this year’s Conveyancing Association Annual Conference & Dinner were urged not to focus on competing with technology in the future but to build on the technological solutions...
17 February 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (17th February 2023) launched a new video providing an update for intermediaries on preparing for the FCA’s Consumer D...
17 February 2023
Foundation Home Loans, the intermediary-only specialist lender, has today announced further price reductions across its owner-occupier and buy-to-let product ranges, as well as introducing new discoun...
16 February 2023
16th February 2023: General insurance provider Berkeley Alexander is delighted to announce that it has recruited Danielle Hubert as a Commercial Account Handler – a new additional role created to cate...
16 February 2023
SmartSearch, the UK’s leading provider of digital compliance software has started the search for its next generation of leaders with the launch of the Smarter Futures initiative. The development prog...
16 February 2023
Almost seven in ten (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from the Landbay quarterly survey can reveal. In the coming 12 months, 44...
15 February 2023
Spring Finance is delighted to announce the appointment of Wayne Fitzpatrick as a senior underwriter within the bridging team. Wayne joins from MFS and brings with him considerable knowledge and expe...
15 February 2023
Buckinghamshire Building Society have welcomed two new partners to their exclusive Platinum Programme. HHH, a specialist brokerage dealing mainly with holiday let mortgages, and MPC Direct, a nationw...
15 February 2023
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “Although inflation fell slightly in January by 0.4%, it is still in double-digit figures at 10.1%. This creates un...
15 February 2023
Knowledge Bank’s monthly criteria index has revealed that 2023 has begun as 2022 ended with a shake-up in the most popular searches performed by brokers each month. The UK’s largest database of mortg...
15 February 2023
Adam Oldfield, Phoebus Software’s chief revenue officer, says “All in all the UK economy seems to be defying predictions with GDP up and now inflation easing more quickly than many had thought. Althou...
14 February 2023
Roma Finance, the lender less ordinary, is offering a series of webinars focused on opportunities in the current property investment market. The market presents enormous opportunities in the current...
14 February 2023
Second charge lending has increased 2.92% at the start of 2023 to £104.5 million lent in January, figures reported directly to Loans Warehouse from second charge lenders confirm. This represents a sl...
14 February 2023
Pepper Money has announced the appointment of Andrew Voss as its new Chief Financial Officer (CFO). Andrew has over 20 years’ experience in financial services and a proven track record of establishi...
14 February 2023
“Quantum Mortgages, the specialist BTL lender, is further strengthening its market position with the addition of The Business Mortgage Company (TBMC) to its packager panel. TBMC will distribute the ...
13 February 2023
Colleagues at OSB Group, which includes savings brands Kent Reliance and Charter Savings Bank, have welcomed Louise Halliwell as she joins the specialist bank in a new role as Group Savings Director. ...
13 February 2023
Stonebridge, the national mortgage and insurance network, has today (13th February 2023) outlined details of its 2023 National Conference & Awards, which will take place on the 27th February at the Hi...
13 February 2023
Foundation Home Loans, the intermediary-only specialist lender, has been awarded the Feefo Gold Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently ...
13 February 2023
Alternative Bridging Corporation has boosted its Case Management Team, with the recruitment of Katherine Partridge, to support the lender’s continued growth and commitment to delivering outstanding se...
10 February 2023
CHL Mortgages has announced further reductions to the pricing of its 2 and 5-year fixed rate products today. 5-year fixed rates on its Core range (Individual, Limited Companies/LLP, Small and Large ...
10 February 2023
Specialist short-term lender, Hope Capital has officially launched two brand-new products, Bridge 2 Let and Term 2 Rent. The Bridge 2 Let product targets clients who are looking for surety of exit f...
10 February 2023
JMT Finance, the privately owned and funded commercial property lender, has announced the completion of an 80% LTV first-time landlord commercial purchase and refurb project. The commercial property ...
10 February 2023
Fraser Johns, finance director at Beard Construction said: “As predicted and many firms prepared for, construction output continued to flatten into December as ongoing impacts from high interest rates...
10 February 2023
Over two-thirds of landlords unlikely to purchase a non-EPC compliant property, according to latest BVA BDRC research Over two-thirds of landlords (68%) say they would now be less likely to purchase ...
10 February 2023
Stonebridge, the national mortgage and insurance network, has today (10th February 2023) announced it is the first partner of L&G Mortgage Club to gain direct access to digital bank, Tandem Bank, addi...
09 February 2023
Tandem Bank today became the latest lender to announce it is live on the Knowledge Bank system, making its criteria available on the UK’s biggest criteria sourcing platform. Users of the search engine...
08 February 2023
Seven out of 10 buy-to-let landlords do not intend to sell any of their properties in the next 12 months, latest data from the Landbay quarterly survey has revealed. The strongest sentiment came from...
08 February 2023
Five specialist lenders and building societies, including Mansfield Building Society, have worked together to launch a 5 Stars Lender Roadshow to help brokers find the right solutions for their client...
08 February 2023
Luxury asset lender, Suros Capital, has appointed Edward Blackmore as Business Development Director to lead its distribution strategy. Edward comes from a sports finance background having specialised...
08 February 2023
Bank also launches new 2-year fixed rates and simplifies loan size bandings Hampshire Trust Bank (HTB) has made significant enhancements to its specialist buy-to-let mortgage offering, with significa...
07 February 2023
Martin Cheek said: “While the Government’s creation of the Register of Overseas Entities is to be welcomed, Transparency International’s research shows that a shocking 52,00 properties are either unre...
07 February 2023
Dudley Building Society has launched expat BTL and expat holiday let products as they continue to build their offering for expat applicants. In addition to this, they have introduced a Two Year Fixed ...
07 February 2023
LiveMore has appointed three new sales staff as it continues to grow and establish itself as the ‘go-to’ mortgage partner for intermediaries advising clients aged 50-90+. Matthew Butt has been appoin...
06 February 2023
InterBay, part of specialist lending OSB Group, has expanded its already established legal panel to help speed up applications across their commercial and semi-commercial ranges. InterBay have partne...
06 February 2023
The Loans Engine (TLE) has announced the addition of 9 new Buy to Let lenders to their panel. This includes MT Finance, Paragon, Fleet Mortgages, Keystone Property Finance, Kent Reliance, Precise, Al...
06 February 2023
Aspen Bridging has expanded its office floorspace by 50% and appointed Richard Coombs as Credit Analyst as the firm prepares for its next growth phase. The new 1,600 square feet building, which has b...
06 February 2023
The Brightstar Group has announced record financial results for 2022, during which it delivered a 21% increase in turnover. The Group, which includes Brightstar Financial and Sirius Property Finance,...
06 February 2023
Tandem Bank today launched its much anticipated residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it has reimagined and streamlin...
03 February 2023
LiveMore have reduced rates by 22 basis points across its LiveMore 1 range for borrowers aged 50-90+ with products now starting from 5.97%, down from 6.19%. The lender’s product range has a four tier...
02 February 2023
Hampshire Trust Bank (HTB) has provided an experienced housebuilder with a £12.9 million facility to complete a substantial housing development in Derbyshire. The facility will fund the development o...
02 February 2023
2nd February 2023: The Right Mortgage & Protection Network’s sustained growth leads to new venue, new theme, and new objectives for their flagship member event. The Right Mortgage & Protection Networ...
02 February 2023
Andrew Gething, managing director of MorganAsh said: “With a clear mandate to reduce inflation it is no surprise to see the half-point hike announced today. There are solid indications that inflationa...
02 February 2023
John Phillips, national operations director at Just Mortgages said: “This tenth interest rate rise in a row which takes the bank base rate to 4% is certainly headline-grabbing but the mortgage outlook...
02 February 2023
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “This is the 10th consecutive base rate rise taking it to a 14 year high of 4%. But not all members of the Monetary...
02 February 2023
Commenting on the latest MPC’s decision to raise the BoE base rate to 4%, Adam Oldfield, chief revenue officer at Phoebus Software, says “Today’s increase was not wholly unexpected, even though two me...
02 February 2023
Hewitson & Harker Solicitors has secured a place on My Legal Club’s UK conveyancing panel for mortgage brokers, estate agents, and members after a review of solicitors wishing to join the panel. Hew...
02 February 2023
J3 Advisory, the structural warranty insurance and property finance specialist, is offering a unique finance facility that allows property professionals to secure their building warranty with no depos...
02 February 2023
Central Trust and Mercantile Trust, along with their sister brand, UK Credit, have today (2nd February 2023) announced that they are to hold three Alternative & Specialist Finance academy events for b...
02 February 2023
2nd February 2023: General insurance provider Berkeley Alexander is pleased to announce the appointment of Jack Benton as the newest Commercial Account handler to join the team. A young and driven pro...
02 February 2023
Fleet Mortgages, the buy-to-let specialist lender, has today (2nd February 2023) announced price cuts on all its seven-year fixed-rate products. Priced in line with recent swap rate movements, Fleet ...
02 February 2023
Leading specialist lender, Precise Mortgages, have announced they are working in partnership with CoreLogic UK, to support with property risk management and decisioning software. Precise Mortgages, p...
02 February 2023
Mortgage and protection network, HLPartnership (HLP), has joined forces with the Mortgage Marketing Forum, a membership community that brings together marketing talent from across the mortgage industr...
01 February 2023
Alternative Bridging Corporation has launched PartX Property Finance, a pre-approved part exchange facility to expedite sales and chain breaks on new home developments. PartX Property Finance will e...
01 February 2023
Dudley Building Society has joined the lender panel of SimplyBiz Mortgages, as they work to promote their specialist offering to a wider range of brokers. Dudley has been providing their customers wi...
01 February 2023
VAS Valuation Group is expanding its 2023 educational activities for lenders and brokers with the launch of a new video-driven website and series of podcasts. The new website, found at vas-group.co.u...
01 February 2023
The Envelop Network has announced that it is to host The Mortgage & Specialist Finance Expo on Wednesday 8th February in Milton Keynes. The Mortgage & Specialist Finance Expo will allow attendees to ...
01 February 2023
Paradigm, the mortgage, protection and compliance services proposition, has today (1st February 2023) added digital bank, Tandem Bank, to its lender panel. Tandem’s mortgage division was launched in ...
01 February 2023
Today, 1st February, Connect for Intermediaries has announced the promotion of Emma Roberts to the position of Head of Intermediary Relationships. In this new capacity, Emma will be responsible for le...
01 February 2023
Rental yields and tenant demand are holding firm for landlords’ property investments, however profitability of portfolios was slightly down on the previous quarter, according to the latest Q4 2022 BVA...
