You are here: cherry > Press releases for June 2021

Press releases for June 2021

Press releases are shown below.  Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed Cherry

01 July 2021

UK, July 01 2021: Momentum continues to build behind Lendex, the multi-lender application and submission gateway from mortgage technology expert Mortgage Brain, with TSB the latest lender to go live o...

01 July 2021

Black & White Bridging which has completed a case for a broker and his client in 8 days says that it is time for the industry to stop overselling the idea that bridging is all about speed. Introduced...

01 July 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has been appointed by Tenet to its lending panel. CHL’s product range caters for first-time landlords, portfolio landlords and limit...

01 July 2021

West One Loan’s development finance team has significantly enhanced its product offering with senior development facilities now available up to £15m - previously £10m. The product enhancement further...

01 July 2021

Swindon-based construction firm Beard has completed redevelopment work on the landmark Quadrangle building in Cheltenham, which includes the town’s first ever rooftop restaurant. The Quadrangle, whic...

01 July 2021

Insurtech firm, Uinsure, has unveiled Lauren Bagley as Chief Partnership and Marketing Officer in a role that will see her lead the marketing, sales and business development teams. In her time at U...

01 July 2021

Bridging lender, London Credit has launched an Extend or Convert Refurb product for property investors who want to increase value by adding space or changing the use of a property. The Extend or Con...

30 June 2021

John Dobson, CEO at SmartSearch, says: “The European Banking Authority (EBA) has this week highlighted a key issue in RegTech, which is the wide variability of quality and services in the market. This...

30 June 2021

United Trust Bank (UTB) has successfully combined its new Mortgage DIP and Auto-Underwrite technology with existing AVM and Biometric ID verification through the UTB App to provide a mortgage offer in...

29 June 2021

Following this morning’s Bank of England money and credit figures, Richard Pike, Phoebus Software sales and marketing director, says: “With mortgage borrowing bouncing back in May, it is undeniable th...

29 June 2021

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “It’s reassuring to see the market bounce back in May with mortgage borrowing at £6.6bn, compared to the low of £3bn in April. It really u...

29 June 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “Mortgage approvals are still remarkably high, all things considered, and the market doesn’t look set to grind to a h...

29 June 2021

UK, June 29 2021: Searches for mortgage loans worth more than £37bn have been carried out on Affordability Hub, the affordability-based sourcing system from mortgage technology expert Mortgage Brain. ...

29 June 2021

Mansfield Building Society has appointed Alison Chmiel as its first female Board Chair. Alison takes the reins of the Society’s Board from Jeremy Cross, who stands down following 6 successful years in...

29 June 2021

BuildLoan has created two new low rate, low fee products funded by Vernon Building Society. The discount rate products for self and custom build, renovations, conversions and home improvements are ex...

29 June 2021

Research from Smart Money People has found that specialist mortgage lenders received the highest percentage of positive feedback from brokers about their criteria and flexibility in H1 2021. This foll...

29 June 2021

BEP Systems, the mortgage origination software house, is to provide Ipswich Building Society with a major upgrade to the Society’s core lending and servicing solutions based around BEP’s market-leadin...

29 June 2021

ULS technology has recruited Simon McCulloch in the newly created position of Chief Commercial & Growth Officer. With more than 25 years’ in consumer focused financial services roles, Simon has held ...

28 June 2021

Property litigation specialist Cavendish Legal Group has criticised the Government for causing further uncertainty among commercial property landlords, by extending the ban on evictions of firms behin...

28 June 2021

Financial Advice firm, Just Wealth has implemented a state-of-the-art customer relationship management (CRM) system, ConcertHub, to support wealth advisers to deliver exceptional service to clients. ...

28 June 2021

Allica to lend additional £50 million in owner-occupied commercial mortgages at a limited edition reduced rate Allica Bank has committed to lend an additional £50 million at a reduced margin of 3.5%...

28 June 2021

Aspen Bridging’s Rapid Desktop product has been used to lend on a semi-commercial property to allow a professional landlord to complete the acquisition of several residential properties across the UK,...

25 June 2021

Dudley Building Society has today introduced new BTL and Self-Build products to its portfolio as part of its strategy of innovation and improvement. The revised BTL product now benefits from a lower ...

24 June 2021

United Trust Bank (UTB) has appointed Kerry Stuart as a Business Development Manager as it continues to expand its Asset Finance division. Kerry has over 20 years’ experience in the Asset Finance ind...

24 June 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (24th June 2021) launched a new Limited Edition, remortgage-only five-year fixed buy-to-let product priced at 3.19% available ...

24 June 2021

Kuflink, the P2P platform and short term specialist lender, has announced the appointment of its first new BDM for two years as its platform generates greater inward investment post COVID. Gurjit Dal...

23 June 2021

Roma Finance is delighted to announce the appointment of Mark Foley as Senior Business Development Manager in the Midlands. Mark joins the business with a wealth of knowledge gained throughout his 1...

23 June 2021

The buy-to-let division of West One Loans is continuing to grow at pace with yet more new products to meet increased demand in the market. The raft of new product changes, effective from today [June ...

23 June 2021

Commenting on the decision by Aviva and Persimmon to allow leaseholders to buy their freehold, Jonathan Frankel, leasehold enfranchisement specialist from Cavendish Legal Group, says: “This is a welco...

23 June 2021

Luxury asset lender, Suros Capital, has created a new finance product specifically for the watch industry to help both dealers and collectors finance a range of opportunities. The new Dealer Invento...

23 June 2021

Newcastle Building Society has today released details of its Deposit Unlock range of mortgages offering 95% LTV on new-build properties, starting at 3.50% for a two-year fixed rate mortgage. The mort...

23 June 2021

Crystal Specialist Finance (CSF) continues to improve the support services available to staff with the addition of two mental health first aiders and progressive changes in its one-to-one Annual Perfo...

23 June 2021

United Trust Bank (UTB) has launched its new online Decision in Principle (DIP) and automatic-underwriting system to provide brokers with point of sale decisioning available 24 hours a day, 365 days a...

23 June 2021

1. What do businesses need to consider when adopting technology? Many businesses associate adopting technology as being a time consuming and expensive solution. This needs to be overlooked by recogni...

22 June 2021

Cavendish Legal Group has moved to bolster its property litigation resource, as the true scale of the economic impact of coronavirus on jobs and housing starts to emerge. Following the Government’s d...

22 June 2021

ULS technology has agreed a new three-year panel management contract with Legal & General Mortgage Club. The agreement gives all members of Legal & General Mortgage Club, continued access to eConveya...

22 June 2021

Evolution Money, the second-charge lending specialist, has today (22nd June 2021) launched the second iteration of its quarterly data tracker, which reviews borrower types, average mortgage sizes, LTV...

22 June 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (22nd June 2021) added Saffron for Intermediaries to its lender panel. From today, Paradigm member firms will be able to acces...

22 June 2021

Richard Pike, Phoebus Software sales and marketing director, says: ““This morning’s figures indicate demand is still outweighing supply, and the chase for space continues, despite a slight dip in acti...

22 June 2021

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “There has been a significant drop in the level of residential transactions in both April and May, which was to be expected following the ...

22 June 2021

Hope Capital has announced the appointment of Roz Cawood as Director of Sales. The recruitment of Roz is part of the company’s expansion strategy following an extremely successful year, with signific...

22 June 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender, has reduced rates across its entire 65% LTV product range by up to 25bps following a highly successful initial launch period through ...

22 June 2021

Continuing its run of recent rate reductions, buy-to-let lender Landbay, has trimmed its large HMO and MUFB range, by up to 0.2%. Landbay’s criteria for large houses in multiple occupation (HMOs) is ...

21 June 2021

Newcastle Building Society has announced that Michele Faull will join its Board as a non-executive director. Michele has spent 15 years in the most senior levels in finance and risk within the fina...

21 June 2021

Specialist buy-to-let lender, Landbay, has today launched its first green mortgage range. All green products offer a 0.1% or 0.05% reduction against their non-green counterparts, depending on the pro...

21 June 2021

Leading UK RegTech specialist SmartSearch has warned against the dangers of rushing through anti-money laundering checks, in a bid to beat the upcoming stamp duty holiday deadline at the end of June. ...

21 June 2021

Aspen has finalised its second multi-million-pound bridge in as many weeks, completing a £3,375,000 Finish and Development Exit loan for five detached houses, three of which were part-finished, in Bed...

18 June 2021

Recently, the Financial Conduct Authority (FCA) published the results of the General Insurance Pricing Practices Market Study, outlining changes that need to be made in the insurance distribution indu...

18 June 2021

Mansfield Building Society has become one of only seven lenders in the UK to support the roll out of the Government’s exciting First Homes initiative designed to help first time buyers and key workers...

18 June 2021

Bridge to Let can help overcome concerns about bridging finance for Buy to Let clients, according to 90% of brokers. The poll, which was conducted in partnership between Castle Trust Bank and Knowled...

17 June 2021

Enterprise Finance, one of the industry’s most experienced specialist brokers, has completed a bridging loan in a rapid turnaround of just five hours. The quick completion helped a couple who risked l...

17 June 2021

Leading specialist broker Loans Warehouse has been added Mortgage Advice Bureau’s (MAB) new specialist broker panel. The addition of Loans Warehouse will see MAB’s 1,600* plus advisers benefit from e...

17 June 2021

Norton Broker services recently launched a Bridging Department to the intermediary market. Hot off the heels of this announcement, Norton are now offering regulated bridging advice to the intermediary...

17 June 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (17th June 2021) announced the appointment of Richard Goppy in the new role of Director of Membership. Richard will join Parad...

16 June 2021

Sirius Property Finance has strengthened its Structured Finance team with the recruitment of Hari Patel. Hari has worked in finance for 31 years with more than a decade of experience in property, in...

16 June 2021

We are now one year on from the worst point of the pandemic as far as secured charge lending is concerned. In May 2020, only £21,000,000 of lending was recorded by the FLA, a figure that was the lowes...

16 June 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender has been appointed by Dynamo for Intermediaries following their return to lending earlier this year. The lender’s relationship with D...

16 June 2021

ULS technology has grown its Sales and Marketing teams with the recruitment of two new BDMs and a Creative Designer. Tim Shawcross joins ULS technology as an experienced BDM with extensive knowledge ...

16 June 2021

Mortgage Broker Tools (MBT) has launched MBT Research, an integrated research platform that will enable brokers to research by affordability, rates, criteria and even current service levels. MBT Res...

16 June 2021

Customers with adverse credit are more positive about their prospects for a successful mortgage application than they were six months ago, according to research by Pepper Money. As part of its latest...

15 June 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (15th June 2021) refreshed its residential product offering, which will allow first-time buyers to access more of the range. ...

15 June 2021

Just Mortgages, one of the largest mortgage brokerages in the UK, has opened applications for its first training academy specifically dedicated to new build lending. The first batch of new build brok...

15 June 2021

Bridging lender, London Credit has launched a Fast & Flexible Refurb product. The Fast & Flexible Refurb allows for up to 100% of the cost of works and can be used to finance renovations, extensions...

14 June 2021

Specialist distributor targeting £25k fundraising for mental health charity Mind in 2021 Crystal Specialist Finance (CSF) is focusing on Pride Month 2021 as part of its ongoing Health and Wellbeing C...

14 June 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (14th June 2021) added returning buy-to-let lender, CHL Mortgages, to its panel. From today, Paradigm member firms will be abl...

14 June 2021

Buckinghamshire Building Society has launched a market leading* 80% LTV 5 year fixed Buy to Let product. 5 year fixed product highlights include: Available for standard and limited companies only ...

14 June 2021

Bristol, 14 June 2021 – Specialist buy-to-let (BTL) lender Zephyr Homeloans has made 80% loan-to-value (LTV) mortgages available exclusively through its packager channel. Rates for the 80% LTV produ...

14 June 2021

The UK’s leading non-bank lender, West One Loans, continues with exciting 2021 growth plans by welcoming one of the industry’s foremost sales and commercial directors – Nick Jones. This new hire foll...

11 June 2021

Dudley Building Society, the specialist lending building society, has announced the launch of two new remortgage products and a further advance product designed to appeal to homeowners and landlords l...

11 June 2021

Pepper Money has partnered with Ecologi, a climate positive organisation that plants trees and funds carbon reduction initiatives, to combat climate change. The partnership means that Pepper Money co...

11 June 2021

United Trust Bank (UTB) has begun offering Recovery Loan Scheme (RLS) facilities of up to £10m, supporting access to finance for businesses as they recover and grow following the Covid-19 pandemic. R...

10 June 2021

New research out today from Smart Money People has found that broker satisfaction with mortgage lenders has increased by 2.5% from 77.8% to 80.3% in the last six months, although overall satisfaction ...

10 June 2021

New research from criteria search specialist, Knowledge Bank shows that ‘furloughed workers’ is no longer amongst the most-searched terms by brokers. ‘Furloughed workers’ previously spent 13 months in...

10 June 2021

Leading broker firm, Just Mortgages, is expanding throughout Scotland. Since the start of the year, it has almost quadrupled the number of self-employed brokers from four to 15, and in the next 12 mon...

10 June 2021

VAS Audit has completed live auditing and assurance services on over £200m worth of valuations, comprising of 500 separate reviews, for Signature Property Finance. In total the business, part of the ...

10 June 2021

Paradigm Mortgage Services, the mortgage services proposition, has today (10th June 2021) announced the appointment of Richard Howes as its new Director of Mortgages. Richard, who will take up the ne...

10 June 2021

Fiduciam will hire ten graduates this year in an expansion of its graduate programme, bringing more new talent into the bridging industry. This is an increase from the seven graduates Fiduciam took on...

10 June 2021

Mortgage Broker Tools (MBT) has revealed that over the last 12 months, the average house price has grown nearly four times faster than the average maximum loan offered by lenders. Data from the MBT A...

09 June 2021

Landbay, one of the UK’s leading buy-to-let lenders, has today launched two brand new products to its catalogue for landlords with three properties or less. The first is a 2-year fixed rate at 2.85% ...

09 June 2021

Leading anti-money laundering specialist SmartSearch has warned many businesses may be at risk of being in breach of GDPR rules, due to a lack of secure data hosting. The end of May marked the third ...

09 June 2021

Buckinghamshire Building Society has today launched a Buy to Let mortgage product with a fixed rate of 3.09% until 31st August 2026, with a product fee of £1,495. The Mortgage Brain Buckinghamshire Bu...

09 June 2021

With retirement funding a hotter topic than ever, new research reveals that 18% of those aged 45 and above have not undertaken any retirement planning and only 17% said they were very confident they h...

09 June 2021

Suros Capital, the luxury asset short term lender, announced today that it has signed an origination agreement with specialist business and property finance broker, Bluebox Finance. Suros provides sh...

09 June 2021

Online research has overtaken recommendations from friends and family as the way that most people would choose to find a mortgage broker, according to research by Pepper Money. As part of its Adverse...

08 June 2021

NatWest’s landmark money-laundering case has dealt a huge blow to consumer trust in online banking; an industry that more than three quarters (76%) of UK consumers already admit they don’t fully trust...

08 June 2021

Bob Scott has been appointed as the Directly Authorised club’s new Managing Director, where Bob will lead The Right Mortgage owned DA proposition. Reflecting on the successes of The Right Mortgage an...

08 June 2021

Roma Finance, the lender less ordinary, has completed a record month in May, reporting a 50 percent increase in pipeline business, on top of the 100 percent increase achieved in 2020. This is in addit...

08 June 2021

BuildStore Group has made two significant appointments to its senior management team as the self and custom build sector braces itself for growth. Martin Fryer has been appointed as sales manager at ...

08 June 2021

Looking back over a challenging period, Dudley Building Society’s Chief Executive, Jeremy Wood has reported a satisfactory year in its 2020/21 Report and Accounts. Whilst in contrast to 2019/20 when t...

08 June 2021

Brightstar Financial has launched The Specialist Lending Virtual Expo – a free one day digital event for brokers that will provide the latest insights to help them develop and grow their specialist mo...

08 June 2021

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced an intake of 29 people into its Training Academy for H2 2021. The CSS Training...

08 June 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (8th June 2021) made a number of rate reductions across its five-year fixed-rate mortgage range for landlord borrowers, and in...

08 June 2021

UK, June 08 2021: Accord Mortgages has become the latest lender to join Lendex, the multi-lender application and submission gateway from mortgage technology expert Mortgage Brain. The integration wit...

07 June 2021

Allica Bank has partnered with national, commercial law firm, Freeths LLP, as it continues to drive lending speed and improve transparency for brokers and SME customers. The legal firm’s expertise and...

07 June 2021

Black & White Bridging has partnered with Fintech specialists Nivo to introduce a slick, App based application process to accelerate and improve the customer on-boarding experience and reduce their re...

05 June 2021

In honour of World Environment Day, Roma Finance, the lender less ordinary, has launched an environmental sustainability competition for UK schools, with three prizes of £500. The lender is inviting...

03 June 2021

Fiduciam has granted a £7.5 million loan to enable the Treloyhan Manor Hotel in Carbis Bay to resume trading in advance of the G7 and be extensively upgraded. The loan had to cater for both the recomm...

03 June 2021

Mansfield Building Society has launched two new holiday let mortgages up to 70% LTV to coincide with this year’s rise in staycations. The new products, comprising a five year fixed rate and a three y...

03 June 2021

Aspen has completed a £4.55m Development Exit bridge on one of the UK’s first private domestic passivhaus developments, giving the developer additional time to complete works delayed by Covid. Compri...

03 June 2021

Foundation Home Loans, the intermediary-only specialist lender, has today (3rd June 2021) announced a number of personnel changes within its sales team and a series of appointments to its underwriting...

03 June 2021

Following the UK Finance Q1 figures this morning here’s a comment from Richard Pike, which I hope you’ll find of interest for your reporting: Richard Pike, Phoebus Software sales and marketing direct...

03 June 2021

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “The findings from the UK Finance Household Review today paint a clear picture of Q1 looking like the foundations for covid recovery we a...

03 June 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “The trends from the first quarter of 2021 demonstrate the remarkable recovery the housing market has undergone since...

03 June 2021

Fiduciam has granted a £7.5 million loan to enable the Treloyhan Manor Hotel in Carbis Bay to resume trading in advance of the G7 and be extensively upgraded. The loan had to cater for both the recomm...

03 June 2021

Specialist short-term lender, Hope Capital has today announced it has revamped a number of its bridging finance products to enhance its competitive offering. The firm has also launched a brand-new pro...

02 June 2021

Black & White Bridging, the national short term lender, has appointed Nicholas Goss as Head of Investments & Capital Markets. With a thirteen year background in corporate finance, which included stin...

02 June 2021

People with prior adverse credit have suffered greater financial upheaval than the general population as a result of COVID, according to a study by specialist mortgage lender, Pepper Money. The resea...

02 June 2021

A webinar poll undertaken by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, highlighted that over half (55%) of property professionals belie...

02 June 2021

United Trust Bank (UTB) has launched its Broker Summer Support Package 2021 – #BSSP21 - with a return to maximum 85% LTV lending on all its first and second charge mortgage products and the roll-out o...

02 June 2021

Richard Pike, Phoebus Software sales and marketing director, says “The ‘Sold’ signs across the country are striking evidence of what can only be described as a booming housing market. House prices are...

02 June 2021

John Phillips, national operations director, Just Mortgages and Spicerhaart said: “While net mortgage borrowing fell dramatically in April, the number of mortgage approvals has remained impressively ...

02 June 2021

Roma Finance, the bridging, buy-to-let and development finance lender, has launched Roma75, a new bridging product with an LTV of up to 75% and a rate of 0.75%. This new product is available for loa...

02 June 2021

Jonathan Sealey, CEO at specialist lender Hope Capital, said: “It is clearly a huge drop from £11.5bn in mortgage borrowing in March to £3.3bn in April, but that statistic alone doesn’t tell the whole...

02 June 2021

UK, June 02 2021: Mortgage distributor Fluent Mortgages has integrated with Lendex, the multi-lender application and submission gateway from mortgage technology expert Mortgage Brain. As a result of ...

01 June 2021

Newcastle Intermediaries is extending the availability of its Self and Custom-Build product range available through Buildloan by increasing LTV from 80% to 85%. Newcastle Intermediaries have offered ...

01 June 2021

Newcastle Building Society will be the first lender to offer 95% LTV mortgages to buyers of new-build homes under an innovative new mortgage indemnity scheme developed with the Home Builders Federatio...

01 June 2021

Aspen Bridging continues to expand its team in 2021 with Katherine Wilson recruited as an Underwriter and Aqib Iqbal joining as an Underwriter & Risk team member. Wilson arrives from Precise Mortgage...

01 June 2021

1 June 2021 - General insurance provider, Berkeley Alexander, has added the insurance MGA (Managing General Agent) C-Quence to its market leading insurer panel. C-Quence is a new breed digital insure...

01 June 2021

Fleet Mortgages, the buy-to-let specialist lender, has today (1st June 2021) announced the appointment of a new Key Account Manager. Wes Regis joins with immediate effect and will be responsible for ...

01 June 2021

Specialist lender, Harpenden Building Society, has expanded its sales function and today announces that Jacqui Turner has joined its business development team, providing additional support to brokers ...

01 June 2021

CHL Mortgages, the intermediary-only specialist buy-to-let lender continues to expand its distribution by taking a major step in its phased return to the market by announcing a distribution partnershi...

View Past Press Releases