Press releases for June 2020
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 July 2020
Proportion of residential purchase ESIS now 8.5% higher than pre-pandemic Overall ESIS volumes within 11% of those seen before Covid-19 for fourth straight week Product numbers increase again to new h...
01 July 2020
Fleet Mortgages, the buy-to-let specialist lender, has today (1 July 2020) launched the second iteration of its Buy-to-Let Rental Barometer covering Q2 rental yields across England. The regional snap...
01 July 2020
Foundation Home Loans, the intermediary-only specialist lender, has today announced a number of key criteria changes to its specialist residential range. Following feedback from adviser, distributor ...
01 July 2020
Roma Finance, the bridging, buy-to-let and development finance lender, has launched new bridging products at 70% Loan to Value. There are also a number of enhancements to the range. There is a new st...
01 July 2020
Shaun Church, Director at mortgage broker Private Finance said: “These latest figures show London continues to remain the UK’s property hotspot2. “The rise in the total value of mortgages in London...
30 June 2020
The Progressive Building Society has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage criteria search system. It holds the full criteria of over 200...
30 June 2020
Stockport’s Vernon Building Society has scooped the highest possible five-star badge in the latest broker-rated Mortgage Lender Benchmark from Smart Money People. The review and insight platform surv...
30 June 2020
Roma Finance has appointed Deborah Chaplain to the role of Head of Customer Service and Collections. This is a brand new position and ‘new look’ department was created partly due to the Covid pandemic...
29 June 2020
- Growing cash reserves is now the number 1 priority of remortgaging landlords - Managing risk was the top priority for landlords remortgaging last year – it’s now the 3rd Landlords who are remortgag...
29 June 2020
FinTech company, Click2Check, has today (29th June 2020) announced two new advisory practice sign-ups for its Credit Assess product - a white-label online solution for mortgage advisers to obtain cred...
26 June 2020
Our commitment to First Time Buyers In today’s market first time buyers are finding it very challenging to find a mortgage with no deposit or a deposit of 5% or 10%. Buckinghamshire Building Society...
26 June 2020
In the three months since the lockdown started, staff at Solihull tech business, Phoebus Software Ltd (PSL), has raised over £2,415 for charity while also looking after the health and welfare of its s...
25 June 2020
Roma Finance, the bridging, buy-to-let and development finance lender, has launched a holiday let and serviced accommodation 5-year term base rate tracker mortgage. The ‘staycation’ is going to be a ...
25 June 2020
MCI Club has today rebranded and relaunched, with a new logo and a revamped website, putting technology at the forefront of everything it does. The Club’s goal is to combine the service and membershi...
24 June 2020
- Product numbers rise to new high of 9,033 - Eighth straight week of increases for ESIS - Falling proportion of lending above 85% LTV UK, June 24 2020: Product numbers increased last week to the h...
24 June 2020
Please download the attached pdf or contact us for further details at info@cherryplc.co.uk or 0151 6332424
24 June 2020
Specialist finance trade body FIBA, part of The SimplyBiz Group, saw over 1000 brokers sign up for its recent series of four exclusive live webinars conducted by Roger Morris of Precise Mortgages. Th...
23 June 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Welsh Government to go ‘further’ and ‘faster’ in opening up its housing market, suggesting ...
23 June 2020
Specialist distributor First 4 Bridging (F4B) has announced the addition of Hampshire Trust Bank (HTB) to its lending panel. This panel addition will offer F4B’s intermediary partners and introducers...
23 June 2020
One of the UK’s leading conveyancing practices, O’Neill Patient LLP (ONP) has completed the purchase of prestigious law firm, Cavendish Legal Group. This is the first of what will be a number of acqui...
23 June 2020
eKeeper has launched internet call recording into its flagship CRM product, allowing calls to be generated from the CRM and recorded for future use. Using VOIP (Voice Over Internet Protocol) technolog...
23 June 2020
Mortgage Business Expo (MBE) has announced that its London Expo, to be held at the Business Design Centre in Islington on 20th October, is open for free registration. Due to the ongoing Covid-19 situ...
22 June 2020
Landbay, one of the UK’s leading buy-to-let lenders, has today joined the Lender Exchange in order to have access to the best and most appropriate conveyancing solicitors. Lender Exchange, owned by D...
22 June 2020
National residential surveying and valuations firm, SDL Surveying, has today (22nd June 2020) revealed a positive set of results for May for both physical and desktop valuations carried out during the...
22 June 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (22nd June 2020) added buy-to-let mortgage lender, Zephyr Homeloans, to its panel. From today, Paradigm member firms will be a...
18 June 2020
Foundation Home Loans, the intermediary-only specialist lender, has announced a number of changes to its residential range for borrowers including an increase in LTV from 75% to 80%, the launch of new...
18 June 2020
Hope Capital is now accepting a range of valuation types. Having previously required a full valuation on residential properties, in many circumstances they are now able to lend based on AVMs, drive-by...
18 June 2020
2019/20 has proved to be Dudley Building Society’s most successful year to date with reported lending volumes of £125.1m up from £92.6m in 2018/19. Record share and deposit balances of £513.1m, boost...
17 June 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (17th June 2020) announced its annual results for the 2019-20 year with strong growth in membership numbers, revenue and gross ...
17 June 2020
New industry group aims to grow Second Charge market through lender and broker fintech collaboration Nivo has formed a Technology Steering Committee bringing together most of the biggest lenders in t...
17 June 2020
- Online broker Loans Warehouse has chosen challenger credit reference agency Credit Kudos as its Open Banking provider to enable lenders to safely and responsibly increase lending. - Traditional cred...
17 June 2020
- Seventh consecutive week of growth in ESIS volumes - First fall in product numbers since April - Proportion of lending between 85% and 90% LTV down UK, June 17 2020: Mortgage technology expert Mor...
16 June 2020
Hope Capital today launches a brand-new feature of its bridging loan products. The Flexible Fees product feature is aimed at borrowers who require zero lender arrangement fee, reduced valuation fee op...
16 June 2020
In a broker survey conducted by Brilliant Solutions, the mortgage club and specialist mortgage packager, brokers revealed their biggest perceived challenges as well whether they were planning on makin...
16 June 2020
Award winning solicitors’ practice, Lightfoots LLP, will become the first UK legal firm to launch a digital ‘facial recognition’ ID verification service for clients through a bespoke App. Launching in...
16 June 2020
Last year, consumers lost a total of £824.8 million[1] from “unauthorised fraud” (i.e. the account holder not providing any authorisation on a transaction) and £455.8 million1 authorised scams (i.e. t...
15 June 2020
UK, June 15 2020: Advisers have carried out affordability searches for mortgages worth a total of more than £1.5 billion on Mortgage Brain’s affordability-based sourcing solution Affordability Hub, ju...
15 June 2020
The Home Buying & Selling Group (HBSG) has set up a working party to look specifically at the issue of property logbooks. Following on from the Hackitt report’s recommendation for a digital record fo...
15 June 2020
Buckinghamshire Building Society has this week launched a new streamlined product range for physical valuations, with new rates and LTVs. The new products will feature alongside their existing AVM ran...
15 June 2020
Specialist property finance trade body, FIBA, has appointed Seddons to its panel of professional partners to provide legal services to FIBA members’ customers. Seddons is a top 200 law practice based...
15 June 2020
Stonebridge, the mortgage and insurance network, has today (15th June 2020) announced an increase in appointed representative (AR) adviser recruitment numbers during the period of the COVID-19 pandemi...
15 June 2020
Foundation Home Loans, the intermediary-only specialist lender, has launched new buy-to-let standard HMO, Large HMO, as well as multi-unit blocks (MUB) products for exclusive use by its major packager...
11 June 2020
Stonebridge, the mortgage and insurance network, has today (11th June 2020) announced the completion of a further phase of functionality upgrades and developments to its trading platform, Revolution. ...
11 June 2020
Foundation Home Loans, the intermediary-only specialist lender, has announced a number of changes to its buy-to-let product range including increases to LTV bands, rate cuts and the introduction of a ...
11 June 2020
Computershare Loan Services has donated £10,000 from its Charity Donations Fund to the Trussell Trust, a charity which supports a nationwide network of 1,200 food bank centres providing emergency food...
11 June 2020
Dudley Building Society has today launched its ‘Giving Back’ community initiatives for 2020/21 with an immediate donation to local hospital, Russell’s Hall, of a thousand washbags and toiletries in re...
10 June 2020
- ESIS numbers rise for six straight weeks, with volumes down 9.6% on levels seen before Covid-19 - Continued increase in product numbers, up 4.4% on last week - Business mix now largely back at pre-p...
10 June 2020
Fleet Mortgages, the buy-to-let specialist lender, has today (10th June 2020) announced the launch of new 70% and 75% LTV products across its three core product ranges: standard, limited company and H...
09 June 2020
Following a review of its own data on borrowers’ use of Mortgage Payment Deferrals (MPD), Foundation Home Loans, the intermediary-only specialist lender, has commended landlords for taking a ‘responsi...
09 June 2020
Over 50s experts SunLife have seen an increase in the number of homeowners looking to release equity from their homes to help younger generations whose finances have been further hit by lockdown. Sun...
09 June 2020
Shaun Church, Director at mortgage broker Private Finance said: “These figures show the initial signs of the impact the lockdown had on lending activity, with the value of new mortgage approvals dippi...
09 June 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (9th June 2020) launched a new series of Mortgage Webinars which will be held throughout the upcoming Summer months. Starting ...
09 June 2020
The MCI Mortgage Club has appointed Harpenden Building Society to its growing lender panel. In response to growing demand within the specialist sector, the Mortgage Club continues to partner with inn...
08 June 2020
Shaun Church, Director at mortgage broker Private Finance said: “Lockdown’s strict measures have caused activity in the housing market to seize up, resulting in a momentary dip in pricing. “Buyers a...
08 June 2020
HLPartnership (HLP), the UK’s largest privately owned mortgage and protection network, has seen the number of online fact finds sent by advisers to clients to complete in their own homes increase by a...
04 June 2020
Bridging lender Hope Capital today launches a new product which gives borrowers control and flexibility of their cashflow. The Discounted Rate loan is designed to help borrowers achieve the balance b...
04 June 2020
Paradigm Mortgage Services, the mortgage services proposition, has today (4th June 2020) announced Ipswich Building Society has lifted its postcode lending restrictions for Paradigm members allowing m...
04 June 2020
Tenet hosted a series of seven COVID-19 related video workshops in May, attracting over 260 attendees. These included a state of the nation with Robert Sinclair, Chief Executive of The Association of ...
03 June 2020
- Fifth consecutive week of increased ESIS volumes, up11.5%* on last week - Product numbers up 2.2% to 8,635 - Product mix returns to pre-pandemic levels UK, June 03 2020: Mortgage technology exp...
03 June 2020
Bristol, 3 June 2020 – Zephyr Homeloans, the specialist buy-to-let (BTL) lender, has launched its new suite of buy-to-let mortgage products offering up to 75% loan-to-value (LTV). Zephyr has expanded...
02 June 2020
Hope Capital today launches a new product range, taking into account the needs of individual customers and catering for the needs of different borrowers and their level of borrowing. The new set of pr...
02 June 2020
2nd June 2020: Berkeley Alexander (BA) is delighted to have received the ‘Best GI Provider’ award at this year’s SimplyBiz Partner event. The event, normally a major coming together of the great and g...
01 June 2020
Newcastle Intermediaries has relaunched its interest only mortgage range with the introduction of new two year fixed rate products. The range now offers a choice of two 75% LTV products on an intere...
01 June 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today issued newly-published sector-specific guidance for conveyancing firms in order to support Government...
01 June 2020
Buckinghamshire Building Society has listened to broker feedback and reduced our minimum loan size from £50,000 to £25,000 on our new range of desktop (AVM) products. Coupled with our manual underwrit...
01 June 2020
Landbay, one of the UK’s leading buy-to-let lenders, today launches a new product range, with loan to values up to 75% LTV. Landbay, which is institutionally funded, has continued to lend on buy-to-le...
01 June 2020
Uinsure, the multi-award-winning Home Insurance provider, has today announced a change to its renewal process. From July, Uinsure will rebroke all renewals by searching and comparing premiums from the...
