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Press releases for March 2022

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01 April 2022

- Lending set to increase considerably as Allica Bank anticipates it will make £1 billion in committed lending offers in 2022 to established small and medium-sized businesses - Allica increases max...

31 March 2022

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has added Aidan Walker to its BDM team. Aiden will cover the North of England region. He has worked in financial services for almost...

31 March 2022

Self and custom build specialist BuildLoan has agreed a revised lending policy with Chorley Building Society, which includes a return to a pre-Covid approach to non-guaranteed income for employed appl...

31 March 2022

Riding on the success of the previous year, Hope Capital has announced it has overhauled its product proposition to support brokers and their clients looking to take advantage of investment opportunit...

31 March 2022

SmartSearch, the UK’s leading anti-money laundering solution, is warning of the dangers of Non-Fungible Tokens (NFTs) being used to get around sanctions. “When new technology is launched, fraudsters ...

31 March 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (31st March 2022) launched seven-year fixed rates in all three of its buy-to-let core ranges – standard, limited company/LLP, and HMO/multi...

31 March 2022

Trade and representative bodies representing the legal, surveying, estate agency and property management sectors, including the Conveyancing Association (CA), have today (31st March 2022) launched a n...

31 March 2022

Following a hugely successful year of growth for Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £80 billion. T...

31 March 2022

- New SME bank reaches lending milestone just six months after full licence - Also supports personal savers with £95m in savings deposits Little more than six months after achieving its full banking...

30 March 2022

United Trust Bank (UTB) has announced it is targeting growth in Non-Regulated Bridging business in 2022 and revealed a raft of Fast Track and AVM criteria enhancements which will increase opportunitie...

30 March 2022

The Right DA Club have reduced the price of their application, support and submission fee by 20% and extended the offer for a further 2-months following a large initial uptake. The Right DA Club prev...

30 March 2022

Leading broker firm, Just Mortgages plans to almost treble in size in just five years. Its goal is to reach 1,500 staff across its various divisions by 2027. These ambitions plans include increasing t...

30 March 2022

Foundation Home Loans, the intermediary-only specialist lender, has today launched an expanded panel of solicitors for specialist property cases, including HMOs, large HMOs, and multi-unit properties....

29 March 2022

Richard Pike, Phoebus Software sales and marketing director, says “Although mortgage approvals dipped in February the market is still looking remarkably healthy, in the scheme of things. There may hav...

29 March 2022

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “As mortgage approvals fell from 73,800 in January to 71,000 in February, the statistics recorded last month were still 7% higher than the...

29 March 2022

Recent research shows the post pandemic trend towards staycations is set to continue into 2022 and beyond, with 28% of holidaymakers polled preferring a staycation over a holiday abroad, with 52% of p...

29 March 2022

The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (29th March 2022) announced the appointment of Coadjute as a new Affiliate member. Coadjute is a b...

29 March 2022

Quantum Mortgages, the new specialist Buy to Let lender has added both the Packaging & Mortgage Club arm of Brilliant Solutions to its panel. Brilliant Solutions Mortgage Club members will have acces...

28 March 2022

A £3,637,500 bridge at 75% LTV from Aspen has enabled a developer to secure a desirable investment property in Henley-on-Thames. The 4,000 square feet, five-bed house, which is set within three acre...

28 March 2022

Hampshire Trust Bank (HTB) has enhanced its semi-commercial lending criteria following feedback from brokers. The bank has revised the ratio of commercial to residential to 50:50 to match the require...

28 March 2022

Foundation Home Loans, the intermediary-only specialist lender, has today announced the promotions of Grant Hendry and Mark Whitear. Grant becomes Director of Sales and is now fully responsible for F...

28 March 2022

UTB Mortgages for Intermediaries has announced the appointment of Barry Luhmann as Head of Buy to Let (BTL) as the Bank prepares to launch a new suite of products into the BTL sector. Barry will head ...

28 March 2022

Almost three-quarters of brokers operating in the specialist lending space think the “race for space” is not over, according to a poll undertaken by TAB. The short-term property finance lender polled...

28 March 2022

 - 353 green BTL mortgages on the market as of 1st March 2022 - compared to 4 on 1st March 2021 Green product choice in the buy-to-let sector has risen to its highest level, according to research fro...

28 March 2022

Oxford-based construction firm Beard is replacing 28 historic columns as part of a major refurbishment of a Grade I listed building, within the grounds of one of the UK’s most important architectural ...

28 March 2022

Proportunity, the shared equity loan provider, has partnered with Knowledge Bank to make its products available on the industry leading criteria search platform for brokers. The Knowledge Bank criter...

24 March 2022

The rising cost of living is making the phones ring for financial services businesses across the UK - as worried consumers seek more help and reassurance, according to data from leading outsourced com...

24 March 2022

Specialist short-term lender, Hope Capital has announced a further boost to its growing sales team with a dual appointment. Sam Lea has taken up the role of a BDM and will oversee the firm’s cases ac...

24 March 2022

The inaugural New Build and Affordable Housing Event hosted by Just Mortgages New Build Division is just one week away. This free event will feature a Lender Village of exhibitors plus an array of sp...

24 March 2022

Evolution Money, the second-charge lending specialist, has today (24th March 2022) launched the fifth iteration of its quarterly data tracker, which reviews borrower types, average mortgage sizes, LTV...

24 March 2022

United Trust Bank (UTB) has appointed Essie Quinnell as Underwriter in its Asset Finance Credit team as the division continues to transact record levels of new business. Essie joins UTB from Wesleya...

24 March 2022

Stonebridge, the national mortgage and insurance network, has announced strong mortgage application and completion growth through 2021 and into 2022 at its recent National Conference. At the Conferen...

23 March 2022

John Phillips, national operations director at Just Mortgages said: “As expected, there wasn’t anything directly related to the mortgage sector in the Spring Statement. “The housing market has shown ...

23 March 2022

Digital fraud checks could have significantly reduced the £11.8 billion pounds now estimated to have been lost by the government to fraudulent and erroneous applications for Covid-19 support, accordin...

23 March 2022

Pink Pig Loans, the specialist finance packager and distributor, has today (23rd March 2022) announced it has rebranded the business and will now be known as Truffle Specialist Finance. Truffle Speci...

23 March 2022

John Phillips, national operations director, Just Mortgages said: “While the year-on-year stats were always going to unfavourable compared to 2021, a more accurate comparison is to the previous month....

23 March 2022

Richard Pike, Phoebus Software sales and marketing director, says “It is not at all surprising to see that the figures for February 2022 are lower than the same month last year, which were boosted by ...

22 March 2022

Hampshire Trust Bank (HTB) has chosen digital agency MagiClick to support the business in a number of digital banking projects. The initial project saw MagiClick deliver a website for Wesleyan Bank, ...

22 March 2022

Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services, has today (22nd March 2022) provided further support for advisers around the transaction...

22 March 2022

Foundation Home Loans, the intermediary-only specialist lender, has today announced a range of enhancements to its fee-assisted buy-to-let product range including fee cuts, the introduction of new 80%...

22 March 2022

Specialist lender, West One Loans has successfully completed a £2.9m, complex buy-to-let loan. Working with a landlord who already had outstanding mortgage balances of £7.3m, West One provided finance...

22 March 2022

Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with Even, a new lender offering second-charge equity loans to help first-time buyers increase their buying power. ...

21 March 2022

Alternative Bridging Corporation has expanded its field sales operation with the appointment of Jon Durie as Business Development Manager (BDM). Jon has over 20 years’ experience in the financial s...

21 March 2022

Stonebridge, the national mortgage and insurance network, has today (18th March 2022) outlined details of its 2022 National Conference & Awards, which will take place next week on the 21st March at th...

21 March 2022

Leading self and custom build mortgage distributor BuildLoan, has launched a new product range with Darlington Building Society, offering mortgages up to £1.5 million. The products offer clients want...

21 March 2022

Landbay, one of the UK’s leading buy-to-let lenders, has joined White Rose’s lender panel. White Rose will now provide its appointed representatives with access to Landbay’s comprehensive range of spe...

21 March 2022

Almost half of brokers operating in the specialist lending space think development finance is now hotter than the bridging loan market, according to a poll of intermediaries undertaken by TAB. The sh...

21 March 2022

Aspen Bridging has promoted Harry Baker to a newly created role of Head of Credit. Harry will be responsible for day-to-day oversight on the LTV approach for differing case types, supporting the busi...

17 March 2022

United Trust Bank is funding a £30m mixed use residential and commercial development in Bermondsey, South London, by Featherstone Homes which will create 61 new apartments and 1600m2 of flexible groun...

17 March 2022

Foundation Home Loans, the intermediary-only specialist lender, has today announced an expansion of its Green buy-to-let product range to specialist property types including short-term lets and standa...

17 March 2022

Mortgage applications for self-employed clients and contractors are the most problematic, according to research by broker forum, cherryplc.co.uk. A survey on the popular broker forum has revealed th...

17 March 2022

General Insurance providers Source Insurance is set to welcome brokers back to their well-established, masterclass events this Spring. After a two-year break, the return of their in-person events hav...

17 March 2022

A webinar poll conducted by CHL Mortgages, the intermediary-only specialist buy-to-let lender, suggests that 70% of portfolio landlords expect to remortgage or consolidate loans over the next 12 month...

17 March 2022

Enra Specialist Finance announced today [17th March] that it has struck a deal with funds advised by Elliott Advisors (UK) Limited (“Elliott”) to acquire a majority stake in the business, subject to F...

16 March 2022

According to the latest survey from RICS1, despite the current economic uncertainty, house prices in the UK continue to rise. With the potential for interest rate increases due to rising inflation aff...

16 March 2022

Beard, the family-owned construction firm, has reported robust business performance with growth of 6% in 2021. Full year accounts published for the year ending 31 December 2021 show pre-tax profits o...

15 March 2022

Hampshire Trust Bank (HTB) has announced the appointment of Bill Moffat as sales manager within its Asset Finance division. Moffat’s appointment highlights the bank’s commitment to the green agenda, ...

15 March 2022

London, 15 March 2022: LiveMore, the specialist mortgage lender for over-50s, is bringing its interest-only products to the Scottish market to provide alternative mortgage solutions for borrowers hit ...

15 March 2022

Paradigm Protect, the directly authorised protection proposition - which is part of Paradigm Mortgage Services, has today (15th March 2022) become the first DA distributor to add HSBC Life to its pane...

15 March 2022

Due to the continued growth of Just Mortgages’ New Build Division, a third divisional sales director role has been created. Helen Whitehead has been promoted to the new role looking after the Midland...

15 March 2022

The Association of Short Term Lenders (ASTL) has announced the date for its Annual Conference later this year. The ASTL Annual Conference will be held on Thursday 20th October 2022 and the venue for...

14 March 2022

Aspen Bridging has completed its first Bridge-To-Let (BTL) case since introducing the product to the full broker market, a complex £3.635m multi-property Residential Refinance at 75% LTV in West Londo...

14 March 2022

West One Loans has today [14th March] added a raft of new products to its comprehensive buy-to-let product range. The new products include seven-year fixed payrate products, both standard and speciali...

14 March 2022

Nearly nine in 10 brokers say they have recommended a lender that they did not initially consider on the basis of affordability. An independent survey conducted amongst more than 400 brokers found 8...

14 March 2022

Suros Capital has provided immediate cashflow finance for an SME owner to pay bills that had come due for payment, within three days of the first enquiry. Needing £45,000 for invoices which were appr...

11 March 2022

Connect IFA Ltd, the specialist mortgage network, has today (11th March 2022) announced Mortgage & Surveying Services (MSS), the national property services group with interests in surveying, valuation...

11 March 2022

One Mortgage System (OMS), the single-input enquiry to completion processing platform for brokers, has formed a strategic alliance with Sanctions Search to arm OMS users with the ability to collate re...

11 March 2022

Specialist lender, Pepper Money, has launched a new range of Limited Edition Residential mortgages, featuring reduced fees and a £500 cashback. The Limited Edition mortgages are available on the Pep...

10 March 2022

Teamwork with Bank and broker to meet client’s tight timescales. Recognise Bank has completed a £2 million loan for a city centre office premises in just 23 days from credit being agreed to the funds...

10 March 2022

Paradigm Mortgage Services, the mortgage services proposition, has today (10th March 2022) added Vernon Building Society to its lender panel launching to members with a new semi-exclusive buy-to-let p...

10 March 2022

Buckinghamshire Building Society today announced the launch of a new, limited time 5 year fixed rate remortgage product, which aims to provide the market with a quick and simple solution to remortgagi...

10 March 2022

- Saffron Building Society’s community grants for 2022 are announced totalling £19,327 for the year - The grants are awarded to charitable organisations across the locations of the society branches i...

10 March 2022

Tembo, the family-focused digital mortgage broker, is the latest addition to the broker panel at shared equity loan provider Proportunity. London-based fintech company Tembo was launched in June 2020...

10 March 2022

Self build expert BuildLoan has added two new low-fee products to their range in conjunction with Hinckley & Rugby Building Society. The two products offer BuildLoan’s guaranteed stage payments durin...

10 March 2022

Brokers are working with numerous borrowers who have started new jobs, Knowledge Bank’s latest criteria tracker results reveal. With the jobs market now back in full swing, ‘time in employment’ featur...

09 March 2022

Expanding national Mortgage Brokers, The Mortgage Hut, have teamed up with leading fintech provider Nivo to move away from email and towards instant messaging with the aim to close more deals, acceler...

09 March 2022

Paradigm, the mortgage, protection and compliance services proposition, has launched an emergency fundraising drive to support the Ukraine Crisis Appeal run by the British Red Cross Society. A Just G...

09 March 2022

Specialist buy-to-let lender Landbay has set up a portfolio underwriting team specifically to cater for professional landlords who own rental properties in a portfolio of between £2m and £15m. The te...

09 March 2022

Mortgage Business Expo, which is holding MBE North at Manchester Central on March 22nd, has agreed to host industry charitable initiative, Mortgage Sleep Out (MSO) at the event. With COVID beginning ...

08 March 2022

United Trust Bank (UTB) increased new lending to a record £1.5bn in 2021, increasing Operating Income by 20% to £95.2m and Profit after Tax by 42% to £35.4m. The strong results, delivered during Harl...

08 March 2022

Qualis Credit Risk, the new specialist mortgage and credit Managing General Agent (MGA) created by AmTrust Finance Services, Inc, has today announced its first high FTV home purchase plan completions ...

08 March 2022

Pink Pig Loans, the specialist finance packager and distributor, has today (8th March 2022) announced it has secured a £210,000 commercial loan for a local business, ensuring it does not have to reloc...

07 March 2022

Following a very successful year, Buckinghamshire Building Society are today announcing pre-tax profits of £1.77m for 2021– almost double that of the previous year – with net mortgage growth of 12%. ...

07 March 2022

- Saffron for Intermediaries is pleased to announce the appointment of experienced BDM, Jacqui Turner to the team. - Jacqui’s experience as a BDM will add additional field-based support to the lender...

07 March 2022

Over the past year, Just Mortgages New Build Division has seen a rise in enquiries and sales from home buyers interested in shared ownership. With house prices out of reach for many people and restri...

07 March 2022

A webinar poll conducted by Central Trust, the intermediary only specialist first and second charge lender, has revealed that a large number of mortgage brokers expect to place a second charge for the...

07 March 2022

Black & White Bridging, which is approaching its first anniversary as a national lender, is spending as much time on the working environment for its team members as it does on its product and service ...

07 March 2022

Females who are blazing the trail and changing the game. This International Women’s Day we honour women in financial services. As a traditionally male-dominated industry, finance has not been the ea...

07 March 2022

Nearly nine in 10 (86%) brokers say that mortgage affordability is more complex than ever, according to research by Mortgage Broker Tools (MBT). The survey conducted amongst more than 400 brokers fo...

07 March 2022

Glenhawk has become the latest lender to join the Association of Short Term Lenders (ASTL). Glenhawk provides swift, competitive short-term property finance to help clients realise opportunities and...

07 March 2022

The latest Pepper Money Adverse Credit Study has revealed that nearly half (48%) of people with adverse credit say that their current financial position negatively impacts their mental health. Accor...

04 March 2022

Property investor and landlord platform, Lendlord, has launched an integrated Auction tool that allows users to browse available lots, analyse properties and arrange bridging finance, all from within ...

04 March 2022

Fraser Johns, finance director at Beard said: “Despite some bumps in the road, the construction sector continues to recover and there is hope that the future looks bright. “The highest rise in order ...

04 March 2022

United Trust Bank (UTB) has recruited experienced underwriter Rob Irving to its Asset Finance Credit Team as it continues to develop its service to brokers across Great Britain. UTB has always encour...

03 March 2022

Alice Altemaire, Chief Executive Officer of RCI Bank UK, part of Renault’s Group captive bank, has been appointed as a non-executive director of United Trust Bank with immediate effect. Alice has wor...

03 March 2022

The latest Pepper Money Adverse Credit Study has revealed an increase in the number of people who have experienced more severe forms of adverse credit. According to the research, the number of peopl...

03 March 2022

Uinsure has launched two new insurance journeys on its Adviser Platform, meaning advisers can now offer landlord property owners insurance, including property portfolios, as well as liability insuranc...

03 March 2022

eConveyancer has strengthened its team, with the recruitment of Sam Kirk as Head of Sales. Sam brings with him more than 16 years’ experience, including roles at insurance provider Unum, Friends Life...

03 March 2022

53% of large portfolio landlords would consider buying properties with an EPC rating of D to upgrade Seven out of 10 buy-to-let landlords (70%) are aware of government proposals that all rental prope...

03 March 2022

Luxury asset lender, Suros Capital, has announced a new partnership with fine wine trading platform, Cavex Limited, to provide their wine collector members with immediate funding using their existing ...

02 March 2022

Norton Home Loans has been added to the lender panel of New Leaf, enabling members of the network to access the lender’s full range of specialist first charge mortgages. New Leaf is a boutique networ...

02 March 2022

One Mortgage System (OMS), the single-input enquiry to completion processing platform for brokers, has integrated the Land Registry search facility. This integration arms users with the ability to sea...

02 March 2022

Mortgage broker The Mortgage Brain (TMB) has announced a partnership with shared equity loan provider Proportunity to help borrowers with small deposits become home owners. The Gloucester-based firm,...

02 March 2022

Zenplans - the cloud-based digital estate planning platform - has achieved Technology Accreditation from the Institute of Chartered Accountants in England and Wales (ICAEW) - the first product to beco...

02 March 2022

UK, 02 March 2022: Market-leading mortgage technology provider, Mortgage Brain, today announces that it has acquired Mortgage Engine. Cloe Atkinson, the managing director of Mortgage Engine, will joi...

02 March 2022

Leading national broker firm, Just Mortgages is training its advisers to offer expert business protection advice. Twelve advisers have completed the course already, and the firm will conduct regular i...

01 March 2022

Dudley Building Society has made a number of improvements to its shared ownership, self-build and buy-to-let product ranges, as they continue to make their offering accessible to a wider number of app...

01 March 2022

According to SmartSearch, businesses should take action to review their due diligence and sanctions screening procedures to avoid falling foul of extensive new sanctions against Russia. It will be ess...

01 March 2022

Financial experts Old Mill has enhanced its later life offering with a new professionally accredited advice service for vulnerable clients. Andy Page, one of Old Mill’s expert later life team has bec...

01 March 2022

Richard Pike, Phoebus Software sales and marketing director, says “These figures from the Bank of England, as encouraging as they might have been a week ago, cannot be said to be indicative of future ...

01 March 2022

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “The latest statistics revealed by the Bank of England are somewhat promising. While January mortgage approvals for house purchases were d...

01 March 2022

Fleet Mortgages, the buy-to-let specialist lender, has today (1st March 2022) outlined its new Environment, Social & Governance (ESG) Policy Statement, and the proactive steps it will take in order to...

01 March 2022

The latest ASTL data shows a record period for bridging lending in the last quarter of 2021, with completions and applications both reaching an all-time high. The figures, compiled by auditors from ...

01 March 2022

Specialist lender, Pepper Money has launched a new initiative to help customers to make their homes more energy-efficient. As part of its commitment to Environmental, Social, and Governance (ESG) dr...

01 March 2022

Castle Trust Bank has strengthened its BDM team with the recruitment of Sammi Gilbank as Regional Account Manager for the South West and Wales. Sammi, who joins from Hampshire Trust Bank where she wa...

01 March 2022

Aspen Bridging has appointed Steve Gregory as its first Southern Region Business Development Manager (BDM). Covering south London, South East and South West regions, Steve will be responsible for cr...

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