Press releases for August 2022
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
01 September 2022
New research from Allica Bank shows SMEs have a heightened focus on finding finance to boost their sustainability, with 65% of commercial mortgage brokers and 76% of asset finance brokers saying they ...
01 September 2022
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (31st August 2022) launched a new survey of all conveyancing firms asking them to share details of ...
01 September 2022
Connect Network has partnered with rent-to-own specialist, Keyzy. Keyzy enables people to move into a property with no deposit with the option to build up a deposit while living there and buy it later...
01 September 2022
Tuscan Capital, the short-term property finance specialist, has announced the launch of a new base rate tracker option. The new option is available across Tuscan’s Fast Track Residential Bridge loans...
01 September 2022
Mortgage and protection network, HL Partnership, has appointed Ian Pratt to help member firms through training and ongoing support to develop protection business alongside their primary mortgage propo...
01 September 2022
Mortgage affordability has dropped to its lowest level in 2022, according to the latest Mortgage Broker Tools (MBT) Affordability Index. Data from the broker research platform shows that the minimum...
01 September 2022
- Both network and club members will now have access to home, BTL, commercial and non-standard insurance products - Firms now have the choice to advise or refer to Uinsure, depending on the type of ...
01 September 2022
The Association of Short Term Lenders (ASTL) has announced the agenda for its Annual Conference, which takes place in London on Thursday 20th October 2022. The ASTL Annual Conference 2022, which tak...
31 August 2022
Mercantile Trust, the specialist bridging, buy-to-let and commercial lender, has today (Wednesday 31 August) expanded its bridging proposition into Northern Ireland with immediate effect. This marks ...
31 August 2022
Almost two thirds of regulated firms believe hard copy documents provide reassurance a customer is genuine, latest anti-money laundering data has revealed. Despite questions of validity, nearly half ...
31 August 2022
Mortgage and protection broker, Access Financial Services (Access FS), is launching its next academy on the 12th September. Access FS is increasing the number of academies it holds to one every month ...
31 August 2022
Recent interest rate increases mean that British homeowners are likely to spend an additional £1.6bn in interest payments on unsecured loans in the next 12 months. This is according to research commi...
30 August 2022
Richard Pike, chief sales and marketing officer at Phoebus Software, says “The resilience of the housing market against the current economic backdrop is becoming par for the course, but how sustainabl...
30 August 2022
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “Mortgage lending remains steady with an increase in gross lending but net borrowing is down slightly. This shows a...
30 August 2022
John Phillips, national operations director at Just Mortgages said: “Despite predictions of doom and gloom the housing market once again performed strongly with net borrowing in July only decreasing s...
29 August 2022
Richard Pike, Chief Sales and Marketing Officer at Phoebus Software Limited says: “The increase of the fuel price cap to £3,549 is not unexpected, but will undoubtedly concern many families. Bearing i...
29 August 2022
Bridging applications, completions and loan books all rebounded Q2 2022, according to the latest data from the Association of Short Term Lenders (ASTL). The figures, compiled by auditors from data p...
25 August 2022
Fleet Mortgages, the buy-to-let specialist lender, has today (25th August 2022) announced the expansion of its offices in two locations across the country. From the middle of August, the lender has t...
25 August 2022
eConveyancer has launched a panel management partnership with New Leaf Distribution. New Leaf is a boutique network of 250 advisers. The business has been privately owned for almost two decades and p...
25 August 2022
Leading national broker firm Just Mortgages has announced the launch of a series of broker focus groups to better understand brokers’ requirements to enable them to branch into new product areas. The...
25 August 2022
Norton Home Loans has promoted Tom Stringer to the role of Business Development Manager. Tom, who joined Norton Home Loans as a Telephone Account Manager, will work with brokers to help them find a ...
24 August 2022
Hertfordshire-based bridging lender TAB is partnering with Gratitude, a local Borehamwood charity. As part of its environment, social and governance strategy, TAB will support the charity by making a...
24 August 2022
Castle Trust Bank has completed a £1.37m Heavy Refurbishment bridging loan, structured to enable a property investor to purchase the property and then increase their borrowing to finance the construct...
24 August 2022
- Saffron Building Society’s intermediary team is pleased to announce the appointment of Lee Williams as its latest regional BDM hire. - Lee joins having worked closely with brokers to build their bu...
24 August 2022
Foundation Home Loans, the intermediary-only specialist lender, has entered the industry’s top 10 buy-to-let lenders for the first time. It has also established itself as the largest non-bank buy-to-l...
23 August 2022
Richard Pike, chief sales and marketing officer at Phoebus Software, says “Looking at the non-seasonally adjusted figures in July it is no surprise that the number of transactions in July is higher th...
23 August 2022
Simon Webb, managing director of capital markets and finance at LiveMore, commented: “These are the highest July property transaction figures since 2015 and shows there is still demand for housing, ev...
23 August 2022
Karl Wilkinson, CEO of Access FS said: “Whilst the year-on-year numbers may be skewed slightly thanks to the ‘Stamp Duty holiday’ last year, it is still positive to see a 7.2 per-cent increase in tran...
23 August 2022
John Phillips, national operations director at Just Mortgages said: “The jump in transactions year on year of 37% is impressive but should be taken in the context of the end of the stamp duty holiday ...
23 August 2022
More than 80 per cent of regulated firms in the legal, property and finance and banking sectors are considering a switch to electronic verification of their customers, new data shows. The “big switch...
23 August 2022
Connect for Intermediaries is the latest distribution partner to join forces with LiveMore as the lender continues in its mission to expand mortgage lending for the 50 to 90+ age group. LiveMore has ...
23 August 2022
Interest rate rises on revolving credit, including credit and store cards, are predicted to cost British homeowners an extra £2.8bn in the next 12 months. This is according to research commissioned b...
22 August 2022
Smoove plc (AIM: SMV), the customer focused technology and services business aiming to simplify and revolutionise home moving and ownership, announces that it has re-contracted with the Lloyds Banking...
22 August 2022
ONP Group, the leading legal services provider to the residential property and remortgage markets, has increased its conveyancing capacity by 30% in just the past year. At the beginning of last year ...
22 August 2022
Key has agreed to work collaboratively with MorganAsh on a pilot scheme to use its new adviser tool to support later life lending advisers in identifying, assessing and managing client vulnerability. ...
22 August 2022
Mortgage and protection network, HLPartnership, has appointed Ken O’Callaghan as Head of Marketing. Ken’s appointment is an internal promotion and recognises the exceptional contribution he has made s...
22 August 2022
In the current economic climate, with brokers likely to see an increase in customers with adverse credit, Figtree Financial has completed a case with Pepper Money for a customer with a Debt Management...
22 August 2022
Aspen Bridging has completed a £1.5m, 79% Development Exit loan which will allow a property developer extra time to complete their latest project after the original lender refused to extend terms. T...
22 August 2022
United Trust Bank (UTB) Structured Property Finance has provided a £5.7m commercial investment loan to refinance and subsequently refurbish a 29,000 sq.ft. office building in Stockley Park, West Londo...
19 August 2022
Impact Specialist Finance, the leading specialist packager and distributor, has launched a brand-new buy to let mortgage range via MT Finance. This range is only available through a select group of pa...
18 August 2022
eConveyancer has launched a panel management partnership with Intra Private Finance. The agreement will provide brokers working for the Directly Authorised mortgage adviser with access to eConveyance...
18 August 2022
Leading national broker firm Just Mortgages has announced the launch of a new business development initiative for their employed and self-employed brokers. John Philips, head of mortgages at Just Mor...
18 August 2022
New research from criteria search specialist Knowledge Bank shows that of the 1,500 criteria updates on their system in July almost 40% were in the buy to let sector. In second place was the resident...
17 August 2022
Hampshire Trust Bank (HTB) has made positive changes to its holiday let proposition, in a move which highlights its appetite in this area of specialist buy-to-let lending. HTB has increased three of ...
17 August 2022
Second charge lending totalled £161.36 million in July 2022, figures reported directly to Loans Warehouse from second charge lenders confirm. July’s figures represent a 12.54% increase on June 2022, ...
17 August 2022
The F4B Network has announced that it has just signed up its 100th appointed representative (AR). Launched in February 2021, the F4B Network was created on the back of growing demand from intermediar...
17 August 2022
Simon Webb, managing director – capital markets and finance at LiveMore, said: “With inflation rising to above 10% earlier than expected it puts even more pressure on the Bank of England to raise the ...
17 August 2022
Paradigm Mortgage Services, the mortgage services proposition, has today (17th August 2022) announced the appointment of Scottish Building Society to its lender panel. From today, Paradigm member fir...
16 August 2022
Independent commercial finance advisors, Go Commercial Finance is pledging support for businesses, helping them to get back on the road following the extreme economic challenges of recent years. Sinc...
16 August 2022
Crystal Specialist Finance has continued to grow headcount by announcing a further recruit to the sales team. Jodie Worswick joins from Santander where she was a Business Development Manager supporti...
15 August 2022
LiveMore, the leading provider of interest only mortgages to the over 50s, has appointed a new head of intermediary sales as it restructures for future growth. Alison Pallett will move from the managi...
15 August 2022
A webinar poll conducted by Hampshire Trust Bank, the specialist bank, has revealed that the holiday let mortgage market is still extremely popular with investors despite the easing of Covid-19 lockdo...
15 August 2022
Aspen Bridging went above-and-beyond to save a customer’s auction purchase deposit thanks to a 175-mile in-person round trip to collect legal documents to meet the 10-day deadline. Head of Sales, Ia...
15 August 2022
The Bank’s Professional Buy-to-Let loan was used to refinance a mixed residential unit Recognise Bank has agreed a £2.6 million refinance package for Caldew Court, a 35-unit mixed residential develop...
15 August 2022
eConveyancer has launched a panel management partnership with Connect IFA and Connect for Intermediaries. Established in 1998, Connect offers a full range of specialist mortgage services for intermed...
15 August 2022
Dudley BS have launched a new mortgage product linked to the HOLD (Home Ownership for People with Long-Term Disabilities) scheme. The new product is an exclusive with MySafeHome, who are the leading a...
12 August 2022
Richard Pike, chief sales and marketing officer at Phoebus Software, says “Today’s GDP figures really do highlight the volatility of the economy and create many questions. A reduction on the previous ...
12 August 2022
Paradigm Mortgage Services, the mortgage services proposition, has today (12th August 2022) announced a further commitment to helping its member firms benefit from the adoption of technology, with a n...
11 August 2022
More than two-thirds of conveyancers think they have a duty of care to advise their clients on the risks climate change represents to property, according to new research. A poll, undertaken by enviro...
11 August 2022
LiveMore has expanded its sales and broker support team with the appointment of its first dedicated regional sales manager for the north of England and Scotland. Martyn Evans will be working with bro...
11 August 2022
Richard Pike, Phoebus Software sales and marketing director, says “Although the headline figure from UK Finance today shows a fall in arrears in Q2, the underlying data is pointing to a shift as the p...
11 August 2022
Bridging and development finance lender, Kuflink, has further enhanced its criteria with the introduction of self-instructed AVMs via Hometrack for residential property cases. Brokers, once registere...
10 August 2022
As the cost-of-living crisis continues to bite, new call data from Moneypenny, shows eco features are falling off the wish-list of prospective house buyers. The company, which handles calls and liv...
10 August 2022
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has today (10th August 2022) launched a new ‘Find an Expert’ service via its website for those seeking access...
10 August 2022
The Right Mortgage and Protection Network relaunch their ASU Proposition following the pandemic The Right Mortgage & Protection Network have recently relaunched their new look ASU proposition followi...
10 August 2022
Mortgage Magic has launched a Digital Package to enable brokers to revamp their business. The Digital Package, which has been designed by former brokers and leading technology experts, will empower...
09 August 2022
- Allica Bank successfully migrates over 1,400 customers and 1,700 loans from AIB following the acquisition of the £0.5 billion SME lending portfolio - Allica Bank excited to offer a secure and susta...
09 August 2022
After seeing a groundbreaking first quarter, 360 Dotnet the FinTech software supplier, have boosted their figures for Q2. £10.7 billion in total lending was a first for 360 in Q1, now surpassing this ...
09 August 2022
LiveMore’s distribution continues to increase following a new partnership with Positive Lending. Specialising in mortgage lending for the 50 to 90+ age group, LiveMore caters for a market that is und...
08 August 2022
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has announced that Connect for Intermediaries has renewed its tech agreement. This relation...
05 August 2022
- Saffron Building Society has announced it is temporarily pausing new mortgage applications from 5pm on Thursday 4th August 2022. With 24 hours’ notice provided to registered brokers. - The unpreced...
05 August 2022
Hampshire Trust Bank (HTB) has enhanced its development finance proposition offering by increasing its maximum loan amount to £25m from £15m. The change takes place with immediate effect. HTB speci...
05 August 2022
Evolution Money, the second-charge lending specialist, has today announced the successful completion of the Group’s inaugural private securitisation, with a facility of up to £290m. The new agreement...
04 August 2022
John Phillips, national operations director at Just Mortgages said: “This latest rate rise heralds the most important period for mortgage advice in a decade. “I don’t think that anyone will have been...
04 August 2022
Richard Pike, Phoebus Software sales and marketing director, says “There are two schools of thought when it comes to raising interest rates to curb inflation. One is that high inflation is bad and som...
04 August 2022
Simon Webb, managing director of capital markets and finance, says “Today’s rise is the largest rise in base rate since 1995. While still low by historic standards, it is going to hit everybody on a v...
04 August 2022
Foundation Home Loans, the intermediary-only specialist lender, has today (Thursday 4 August) announced the launch of a ‘Summer Special’ which sees a 40bps rate reduction on its previous five-year fix...
04 August 2022
Vernon Building Society is pleased to announce the promotion of Jack Dougan to the role of business development manager from his current position of intermediary desk adviser. He will be responsible ...
04 August 2022
Hampshire Trust Bank (HTB) has announced the appointment of Becki Fraser-Tucker as Business Development Manager (BDM) for Central London within its Specialist Mortgages Lending division. Becki joins ...
04 August 2022
Europe’s biggest cryptocurrency automotive marketplace has combined with the UK’s leading anti-money laundering (AML) software provider to offer the quickest and most secure car purchase process on th...
04 August 2022
Highly experienced in banking and capital markets, Jean will lead the small business bank as it accelerates its digital development Recognise Bank, the digital SME lender and savings bank, has appoin...
03 August 2022
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has successfully retained its ISO 9001 approval following an independent audit. The Internat...
03 August 2022
The Right Mortgage and Protection Network continue their strong recruitment plans following a sustained period of growth. Dean joins the Network’s compliance team, as a Compliance Manager, following ...
03 August 2022
Mortgage Magic has launched Prometheus, an off-the-shelf back-office system, for mortgage brokers. Prometheus is an off-the-shelf system that provides mortgage brokers with all of the core features ...
02 August 2022
Norton Home Loans has promoted David Binney to the role of Head of Sales. David has been at the Norton Group for nearly seven years, having previously worked as an underwriter for Relax Finance. He b...
02 August 2022
Hampshire Trust Bank (HTB) has enhanced its specialist buy-to-let offering, which includes Limited Company, HMOs and Semi-Commercial, by increasing its maximum loan amount to £25m from £15m. The cha...
02 August 2022
eConveyancer has strengthened its partnership with L&C Mortgages, launching a new software integration with the firm, using the award-winning platform to provide improved flexibility for the firm in m...
02 August 2022
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced that it has added The Money Group’s (TMG’s) network to its key partner panel. The company said the addition of TMG w...
02 August 2022
Pepper Money has promoted Lois Ashcroft to the position of Regional Development Manager, covering the South West. Lois joined Pepper Money Second Charge in 2018, as a Mortgage Advisor, before moving...
01 August 2022
The Smart Manufacturing Alliance will be helping manufacturers across Cambridgeshire and Peterborough take greater control of their cashflow through a new corporate partnership with payments specialis...
01 August 2022
Great news! We have made some changes to our product portfolio For Buy To Let and Holiday Lets. Expats – exciting news! Some important things to note are: Available for First Time buyers and firs...
01 August 2022
Paradigm Mortgage Services, the mortgage services proposition, has today (1st August 2022) launched a brand new ‘Summer School of Marketing’ to support advisory businesses in getting the most out of t...
