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Press releases for July 2018

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01 August 2018

Today, the Marsden has added new products across it’s expat, older borrower and residential ranges which sees a combination of rate reductions, a change to arrangement fees as well as introducing some...

31 July 2018

Key highlights: Operating profit increased by 16% to £7.2m (HY 2017: £6.2m) Profit before tax at £6.9m(HY 2017: profit before tax was £7.2m, which included an exceptional profit in connection with...

31 July 2018

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by leading specialist finance firms Clever Lending and Your Expert Group. ...

31 July 2018

A poll amongst brokers working in development finance has revealed the three key changes they believe would aid the regeneration of the SME house building sector. United Trust Bank asked the question...

30 July 2018

Due to its continued growth, The Right Mortgage and Protection Network are delighted to welcome two new members to its expanding compliance team. The appointment of Sue Read and Dave Allan adds to th...

30 July 2018

Newcastle Intermediaries has reduced rates across all of its large loan products, cutting some by up to 0.48%. After recently expanding distribution of its large loan proposition to all of their ke...

27 July 2018

Just last month in June, Marsden Building Society launched its Expat range to the whole of market for intermediaries and their clients to get full access to Expat Residential and Expat Buy to Let prod...

27 July 2018

Buckinghamshire Building Society’s range of Credit Repair and Impaired Credit products have been reduced by 20 bps and 40 bps respectively Tim Vigeon Head of Lending says “Those with a less than a pe...

27 July 2018

With effect from Friday 27 July Family Building Society will make several changes to their Residential Investment mortgage product range.  Withdrawal from all new business Residential Investment ...

26 July 2018

Paradigm Mortgage Services, the mortgage services proposition, has today (26th July 2018) added Masthaven Bank to its lender panel.  From today, Paradigm member firms will be able to access Masthaven...

26 July 2018

93% of landlords chose fixed rate mortgages in Q2 69% of landlords chose to fix for five years One fifth of BTL mortgages were fee free 93% of landlords financing buy to let property chose a fixed ra...

25 July 2018

With effect Wednesday 25 July Family Building Society will make several changes to their Owner Occupier mortgage product range. Withdrawal from all new business: Owner Occupier 2.49% 2 year fix...

25 July 2018

52% didn’t know you could move home if you take out equity release 65% didn’t know that you can do equity release if you still have a mortgage SunLife has partnered with Age Partnership to launch a ...

25 July 2018

The Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today (25th July 2018) appointed more 2 life, the UK’s third largest equity release lender, as its e...

24 July 2018

Mortgage Advice Bureau (MAB) has launched a wealth and equity release proposition in partnership with Tenet. Comprising 14 wealth advisers initially but with ambitious expansion plans via Tenet’s bus...

23 July 2018

United Trust Bank (UTB) has announced that from the 23rd of July 2018 it will be offering its range of second charge loans and first charge Mini-mortgages to the Directly Authorised Broker market thro...

23 July 2018

After a long career spanning 8 years with the specialist lender, Head of Sales Paula Purdy has made the decision to leave Shawbrook to pursue other opportunities, whilst Matthew Batte joins as a BDM t...

23 July 2018

23rd July 2018: Mortgage Intelligence has selected General insurance provider, Berkeley Alexander, to offer its services to its network members. The deal will give the network’s ARs access to a broade...

23 July 2018

A support programme for prospective advisers who are newly qualified or have limited experience and looking to gain Competent Adviser Status (CAS). The Academy also offers a support for those wishing...

23 July 2018

Vernon Intermediaries has announced enhancements to its lending policy, which come into force from Tuesday 24th July. The North-West based mutual has extended its maximum mortgage term to 40 years fr...

19 July 2018

Two of Leek United's latest mortgages are among the UK’s best summer deals for homebuyers. The Society’s new Two-Year First-Time Buyer Variable Discounted Mortgage and its Two-Year 75% Loan To Value ...

19 July 2018

Nine major lenders have already confirmed their commitment to accepting digital mortgage transactions via Lendex, Mortgage Brain’s next generation digital lender gateway. Detailed discussions are also...

19 July 2018

Kuflink Bridging is pleased to announce Jeff Bungar’s promotion to Head of Sales. As a former Sales Manager, Jeff has been fundamental in establishing new business opportunities and professional relat...

19 July 2018

Number of products specifically for first-time buyers with either a 5% or 25% deposit continues to rise. Average rates increase as lenders price in likely increase in Bank Base Rate. Cost of month...

19 July 2018

Specialist commercial finance broker Positive Commercial Finance has announced a record-breaking set of half year results with June being their best ever month. The continuous growth of the brokerage,...

19 July 2018

Marsden Building Society have partnered exclusively with Legal and General to offer their new Family Step range to intermediaries and their First Time Buyer clients or those renting and looking to ste...

18 July 2018

360 Dot Net are delighted to announce the appointment of Brod Whiting as Strategy and Proposition Director. Brod has over 30 years’ experience in the financial services sector including 12 years of wo...

17 July 2018

United Trust Bank (UTB) has announced the appointment of two new Property Development Managers joining its successful Development Finance division. Phil Bird, formerly of Arbuthnot Latham and Evan Gr...

17 July 2018

Cost of 90% 2yr Fixed down 8% since April 2018 2yr, 3yr and 5yr Fixed and Trackers up to 3% lower Cost reductions equate to annualised savings of up to £576 over past three months UK, JULY 17, 2018:...

17 July 2018

Mansfield Building Society has launched a new Holiday Buy to Let, allowing loans up to 70% LTV. Properties used for holiday lets must qualify as a Furnished Holiday Let under the HM Revenue and Custo...

16 July 2018

Kuflink was recently approached by a potential borrower in a complicated financial situation, who needed urgent access to funds in order to halt repossession proceedings against his commercial premise...

16 July 2018

Magellan Homeloans, the specialist mortgage lender, has announced the appointment of a new Regional Sales Manager, Dean Linklater, who will support intermediaries in the North West. Dean, based near...

12 July 2018

Stonebridge Group, the mortgage and insurance network, has today (12th July 2018) announced it is adding a new Non-Executive Director (NED) to the Board of Revolution, the trading platform owned by th...

12 July 2018

Knowledge Bank is leading the way in criteria search system technology with the development and launch of its application programming interface (API). Knowledge Bank’s API will allow lenders, network...

11 July 2018

Independent broker Mortgages for Business is among 67 new signatory companies to sign up to HM Treasury’s Women in Finance Charter. The Charter reflects the government’s aspiration to see gender bala...

11 July 2018

LEEK United Building Society Chief Executive Kevin Wilson is to retire, after 24 years with the Society. Kevin will remain in post until the end of 2018, and a rigorous selection process has already ...

11 July 2018

Fluent Mortgages Ltd, part of the growing Fluent Money Group, has reported that staff headcount will have more than tripled in the 12 month period since Fluent announced the purchase of Brytannic Extr...

11 July 2018

What are the triggers for a client needing a Will? How many of your clients are currently experiencing any of the following life changing scenarios? Do they need your help and assistance? Triggers y...

10 July 2018

Vernon Intermediaries and Tenet Group have partnered to enable Tenet’s advisers to access the full range of the North-West based mutual’s mortgages. Vernon offers products across both mainstream and ...

09 July 2018

Moneyfacts UK Mortgage Trends Treasury Report data (not yet published) highlights the number of residential mortgage products increasing by 244 in just one month, reaching above 5,000 for the first ti...

09 July 2018

Following several improvements in June, the Bank delivers more improvements to its award winning Short Term offering Hot on the heels of a suite of improvements to its “STL” range, including consoli...

06 July 2018

Exciting new discounted offers are the highlights of changes to Leek United’s mortgage portfolio this week (w/b 2 July). The Society launches a range of competitive new products from Friday, 6 July, ...

06 July 2018

Fluent Money Group (FMG) has appointed Aaron Conlon as MD of newly formed subsidiary, Fluent Lifetime. The move will see the Group expand into providing intermediary partners with a whole of market eq...

06 July 2018

Iain McDonald has been appointed to the role of head of recruitment for Tenet’s investment network, TenetConnect. Iain was previously with Intrinsic for three years as relationship manager, following ...

05 July 2018

The monthly Criteria Activity Tracker provided by Knowledge Bank has revealed the most search criteria by brokers during the month of June.  Over 250,000 criteria searches have been made using Knowled...

05 July 2018

FIBA, the trade body for finance professionals, has announced the establishment of a Professional Partners Panel. Dedicated to providing advisers with a database of legal firms, which can demonstrate ...

04 July 2018

Fleet Mortgages, the buy-to-let and specialist lender, has today (4th July 2018) announced a revamp of its entire product range with new options across its three core sectors – standard, limited compa...

04 July 2018

Magellan Homeloans, the specialist mortgage lender, has reviewed its criteria on adverse credit history with status 3 or higher on unsecured credit arrangements. It will now treat any status 3 or high...

03 July 2018

Tenet is the first network to be given access to the new United Trust Bank (UTB) first-charge ‘Mini-Mortgage’ product, for loans of up to £100,000. The product has been designed to enable customers w...

03 July 2018

Mansfield Building Society has launched a discounted variable rate Shared Ownership mortgage with no Early Repayment Charges (ERCs). The mortgage offers borrowers access to the Society’s cheapest var...

03 July 2018

Cheltenham, UK (3 July, 2018) iPipeline® – a leading provider of next-generation solutions and services to the life and pensions market – has integrated its innovative solutions, PreQuo® and Solution...

03 July 2018

Complete FS, the South Coast based specialist packager, has completed its most significant signing of the year with the announcement that Matt Le Tissier, legendary Southampton and England footballer,...

03 July 2018

Available across the lenders’ entire Residential & Buy to Let ranges One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has become the first t...

03 July 2018

Magellan Homeloans, the specialist mortgage lender, has almost trebled its underwriting team in the last few months. Since the beginning of the year, it has been searching for highly experienced manua...

02 July 2018

United Trust Bank (UTB) has added two more awards to its 2018 trophy haul by winning ‘Secured Loan Lender of the Year’ and ‘Development Lender of the Year’ at the Specialist Finance Introducer Awards ...

02 July 2018

Paradigm Mortgage Services, the mortgage services proposition, has today (2nd July 2018) added private bank, Hampden & Co, to its lender panel. From today, selected Paradigm member firms will be able...

02 July 2018

Criteria Hub, the 'deep search' criteria engine, has signed an agreement with national mortgage brokerage, John Charcol, to provide its DA and AR advisers with access to its platform. John Charcol ad...

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