Press releases for August 2025
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
08 August 2025
Currency News: Your Smart Update View in browser ...
08 August 2025
The Right Mortgage & Protection Network have today (8th August 2025) announced the launch of a new podcast series for advisers entitled ‘Opportunity Insights’. As a new segment to The Network’s serie...
08 August 2025
Fleet Mortgages, the buy to let specialist lender, has today (8th August 2025) announced a series of updates across its fixed-rate product range, including the launch of new products, rate cuts and fe...
08 August 2025
Foundation Home Loans, the intermediary-only specialist lender, has today (8th August) announced a major refresh of its Buy to Let Specials range, leading with significant improvements to its loan siz...
08 August 2025
If you are a Developer coming to the end of term on your Development Finance facility, a "Developer Exit" Bridging loan can give you further time & essential breathing space. Even with some works lef...
08 August 2025
Dudley Building Society has today, Friday 8th August, launched a refreshed mortgage range, including new products across residential, expat, buy-to-let (BTL) and holiday let lending. This update prov...
08 August 2025
- Intermediaries don’t favour proposals for banks to take more risks Fewer than a quarter of mortgage brokers back plans for looser limits on mortgage lending, according to research undertaken by Lan...
07 August 2025
Following today’s decision by the Monetary Policy Committee to reduce the Bank of England Base Rate from 4.25%, to 4.00%, we’re making some changes. Virgin Money and Clydesdale Bank Variable Rates O...
07 August 2025
Leon Diamond, CEO at LiveMore, comments: “The Bank of England’s decision to reduce the base rate to 4% reflects the delicate balancing act between curbing inflation and supporting a slowing economy. ...
07 August 2025
Nick Hale, CEO of Movera, commented: “The Bank of England’s decision to cut interest rates for the third time this year by 25 basis points is a welcome boost for the mortgage market, with some lender...
07 August 2025
Jo Carrasco, Business Partnerships Director at Stonebridge, comments on the Bank of England’s rate decision this afternoon: “Today’s rate cut sends a clear signal that the Monetary Policy Committee b...
07 August 2025
Following the 0.25% decrease in the Bank Rate on Thursday 7 August, mortgage customers who are on Nationwide’s Standard Mortgage Rate (SMR) will see a decrease of 0.25%. The new SMR of 6.74% will com...
07 August 2025
Andrew Gething, managing director of MorganAsh, said: “The Chancellor has been clear that she is looking to drive economic growth – something that is arguably hard to do when interest rates sit so hi...
07 August 2025
Steve Cox, Fleet Mortgages: “Today’s decision by the Bank of England to cut Bank Base Rate to 4% is both welcome and necessary, given the current economic backdrop. With GDP falling in both May and J...
07 August 2025
Richard Pike, chief marketing and sales officer at Phoebus, says: “Today’s decision by the Bank of England to cut the base rate is no surprise, given the growing economic pressures facing the UK. Alt...
07 August 2025
John Phillips, CEO of Just Mortgages and Spicerhaart, said: “It’s great to see the central bank putting the economy ahead of inflation when making today’s decision. While inflation has risen and is n...
07 August 2025
Nick Jones, the mortgage sales and marketing director at Access FS, said: “Despite inflation data for June coming in at 3.6 per cent, markets were pricing in a 97 per cent chance of a rate cut today....
07 August 2025
Following today's base rate announcement by the Bank of England, Charles Resnick, Chief Finance Officer at Afin Bank, commented: “The markets have been predicting a base rate cut since the last annou...
07 August 2025
Adrian Hall, the director of surveying at HouzeCheck, a digital surveying platform, said: “Despite persistent inflation, it was almost certain the interest rate would be cut – the only uncertainty wa...
07 August 2025
Aldermore today confirms it is now an accredited lender under the Invoice Finance and Term Loan variants of the British Business Bank’s Growth Guarantee Scheme (GGS), the successor scheme to the Recov...
07 August 2025
United Trust Bank (UTB) has announced two promotions in its successful Property Development division following a record first half year of new development funding originations in 2025. Orla Costello ...
07 August 2025
Hanley Economic Building Society has enhanced its later life lending proposition with the launch of two Retirement Interest-Only (RIO) mortgage products – a two-year fixed rate and a five-year fixed r...
07 August 2025
Aspen Bridging has surged past £750m in total lending following a record July, and is targetting £1bn within the year. The lender smashed through the latest landmark figure having completed £30m of ...
07 August 2025
The shortlist for the 2025 UK Social Mobility Awards (SOMOs) has been announced, with a strong showing from the financial services sector. The SOMOs, run by social mobility charity Making The Leap, r...
07 August 2025
Hampshire Trust Bank (HTB) has completed a £6.5 million facility to refinance a 63-unit multi-unit freehold block (MUFB) in a high-demand urban location. Introduced by Empire Global, the transaction c...
07 August 2025
Buckinghamshire Building Society has today, Thursday 7th August, reduced rates by up to 40 basis points across its limited company buy-to-let (BTL) and holiday let range, with pricing now starting fro...
07 August 2025
The Financial Intermediary & Broker Association (FIBA) has announced the launch of the FIBA Academy, created in partnership with leading financial services education provider, Competent Adviser. The A...
07 August 2025
House prices increased by +0.4% in July, the highest since the start of the year Average property price now £298,237 compared to £297,157 last month Annual rate of growth +2.4% (vs +2.7 in June) ...
07 August 2025
New data from Twenty7tec reveals UK mortgage borrowers are ditching long-term commitment in favour of short-term flexibility. The leading mortgage tech platform reports that in July, the shortest fix...
07 August 2025
Partnership to deliver flexible, borrower-friendly mortgage options Mortgage and protection brokerage Access Financial Services (“Access FS”) has expanded its lender panel, offering brokers access to...
07 August 2025
Movera, the leading home moving group has appointed Charlotte Selby-Fullgrabe in the new role of social media & content executive, bringing a wealth of experience in digital communications and a passi...
06 August 2025
LSEG joins existing SmartSearch provider Dow Jones Watchlist to deliver comprehensive watchlist data coverage for customers August, Leeds, UK – SmartSearch, the UK’s leading provider of digital comp...
06 August 2025
The Open Property Data Association (OPDA) has launched a new YouTube channel to help make sense of the complex but critical changes shaping the future of homebuying. The channel, now live, features a...
06 August 2025
It’s a complex market out there, and people’s circumstances don’t always tick the boxes in a standard mortgage application. That’s why our BDMs have a hotline to our underwriters, so they can work th...
06 August 2025
The Halifax House Price Index for July 2025 will be issued via press release at 0700 hrs on Thursday 7th August 2025.
06 August 2025
The Right Mortgage & Protection Network (TRM) has today (6th August 2025) unveiled two strengthened member firm initiatives, building on its existing support framework, and outlined plans to deepen pe...
06 August 2025
The Bridging & Development Lenders Association (BDLA) has announced that Chief Executive Officer Vic Jannels will retire from his role at the end of the year. Vic was appointed as CEO in 2019, when ...
06 August 2025
Atom bank, the UK’s highest rated bank on Trustpilot, has introduced a discount on its commercial mortgages for properties with higher energy efficiency ratings. The ‘Better Buildings’ discount is a...
06 August 2025
“The latest step in Black & White Bridging’s evolution” – Damien Druce Black & White Bridging has added to its growing sales and relationships team with the appointment of Rick Davey as relationship ...
06 August 2025
More than half of UK adults believe renting a property is more expensive than paying a mortgage 17 per cent of renters report saving for a deposit in July, compared to 31 per cent in January Consu...
05 August 2025
We wanted to let you know that we’re making some rate reductions to the following Clydesdale Bank products on Wednesday 6 August. Core Residential (including Product Transfer) Selected Residential...
05 August 2025
United Trust Bank (UTB) Mortgages has announced a new partnership with mortgage and insurance network Mortgage Intelligence as the lender further develops its distribution of specialist mortgage produ...
05 August 2025
Philip Kay, Director at specialist debt and equity advisory firm Arc & Co., has successfully arranged a £7,322,500 acquisition and stabilisation loan for a multi-let office building in central Glasgow...
05 August 2025
VERSA, a new digital workflow management platform developed by digital solutions provider e4 Strategic, has been launched to modernise the post-offer processes and improve efficiency in the conveyanci...
05 August 2025
BTL lender Landbay is turning up the heat on its new Summer Special range of standard products, unveiling five new product transfer options and enhanced rates. The new product transfer options are av...
04 August 2025
We wanted to let you know that we’re launching the following products on Tuesday 5 August. Exclusive Purchase NEW 90% LTV 2 Year Fixed Rate fee-saver will be launched at 4.51%. NEW 95% LTV 2 Year...
04 August 2025
Hinckley & Rugby for Intermediaries has announced the expansion of its residential mortgage lending into mainland Scotland, the first time the Society has offered products north of the border. Broker...
04 August 2025
Are you purchasing a residential investment property at Below Market Value? This Bridging product provides maximum leverage in such scenario's. 100% (net!) of the purchase price, subject to 75% LTV...
04 August 2025
Paradigm, a leading provider of mortgage, protection, and compliance services, has today (4th August 2025) announced the launch of its fourth annual ‘School of Marketing’, designed to help advisory fi...
04 August 2025
Atom bank, the UK’s top rated bank on Trustpilot, has announced several key appointments in its technology senior leadership team, with a series of strategic changes and promotions designed to acceler...
04 August 2025
Simplybiz Mortgages has announced the addition of Afin Bank, a specialist lender supporting underserved borrowers, such as people from the African diaspora, to its panel with immediate effect. The par...
04 August 2025
Launch follows successful six-month trial with 18 advisers trained Access Financial Services (“Access FS”) has announced the launch of a new mentoring programme. The launch of the programme follows ...
01 August 2025
We’re changing our residential mortgage rates With effect from Tuesday 5th August, we’ll be making a number of changes to our residential mortgage rates. Please click here to view the upcoming rate ...
01 August 2025
Complex case specialist Market Harborough Building Society has enhanced its residential product criteria, with even more scenarios now eligible under its tier two products. These updates are designed ...
01 August 2025
On Friday 1 August we are making the following changes to our mortgage product range: Remortgage products Rate reductions on selected products Complete by dates extended on all products End date...
01 August 2025
The Bridging & Development Lenders Association (BDLA) has partnered with fraud prevention specialists Synectics Solutions to deliver a bespoke fraud intelligence-sharing solution tailored specifically...
01 August 2025
Afin Bank has announced it is partnering with Brilliant Solutions Mortgage Club and Packaging Panel. Afin Bank’s products are designed to help clients overcome the barriers of mortgage accessibility, ...
