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Press releases for September 2018

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01 October 2018

Remortgage loan amounts reached an all-time high of £171,421 in July, according to conveyancing service provider, LMS. Transaction also levels hit their highest point since September 2009 on a 12-mont...

28 September 2018

At the end of November after 4 years at the helm, Buckinghamshire Building Society’s Chief Executive Andrew Craddock has announced he will be joining the Darlington Building Society as Chief Executive...

27 September 2018

Following the launch of their 5-day bridge product, Kuflink have successfully completed a £171,500 loan for a new borrower in just 4 days. The loan was then fully funded by investors on their peer-to-...

27 September 2018

Complete FS, the specialist lending packager, has appointed two new staff members to its busy BTL and Residential teams, while announcing a record attendance with over 200 attendees and 30 plus lender...

26 September 2018

Mortgage Business Expo (MBE) is pleased to announce it will be supporting the Mortgage Sleep Out at the Barbican on Wednesday 10th October and in the run up to the event. The Mortgage Sleep Out will ...

26 September 2018

Worthing based mortgage and protection network, HL Partnership, is suggesting that ARs across the market should be demanding more support for later life lending or run the risk of being left behind. ...

25 September 2018

United Trust Bank has appointed two new BDMs to its Mortgages & Bridging team, continuing the growth of the division and further developing the support it offers to brokers in London and the East of E...

25 September 2018

Mortgages for Business has announced the launch of MFB for Intermediaries as part of a refresh of its offer to brokers. MFB for Intermediaries will provide both deal placement and packaging services....

25 September 2018

Kuflink Group PLC have appointed Nayan V. Kisnadwala to the Board of Directors as Independent Non-Executive Director. Nayan has over three decades of global financial services experience with world c...

25 September 2018

Connect for Intermediaries has today released the full agenda for its conference, which is taking place on Friday 12th October. The conference day includes a panellist debate, key presentations and r...

25 September 2018

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24 September 2018

Simon Conn Overseas Property and Finance Specialist is to provide brokers using Knowledge Bank with access to a wide range of overseas mortgages. Simon Conn will help brokers provide their clients wi...

24 September 2018

BEP Systems, the mortgage origination software house, is to provide Lendco with origination software for commercial mortgages, buy to let and bridging finance processes using their customisable Appriv...

24 September 2018

Newcastle Intermediaries has announced it is reducing its buy-to-let rates by up to 0.64% across its full range. The reductions include a two year re-mortgage deal as well as a number of fixed rates ...

24 September 2018

Case highlights bank’s bridge to let to term finance options Shawbrook were approached by Broker Partner Sterling Knight to help a client purchase two adjacent blocks compromising of 18 flats in Bir...

24 September 2018

Marsden Building Society has recently delivered research into the later life market with mortgage intermediaries who revealed one of the key things for their clients is a more personal approach. Speak...

24 September 2018

The Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today (24th September 2018) announced LV=, the mutual insurance, retirement and investment group, as...

24 September 2018

Paradigm Mortgage Services, the mortgage services proposition, has today (24th September 2018) launched a new CPD & Sales Academy, designed to help advisers reach and maintain their CPD hours under th...

21 September 2018

A competitive Two-Year Discounted 95% Loan To Value (LTV) Residential Mortgage is amongst the highlights of Leek United’s new product portfolio announced this week. The deal (Product 1148) offers hom...

20 September 2018

The winners of the 2018 Investment Life & Pensions Moneyfacts Awards were announced yesterday evening at the London Hilton on Park Lane, at an awards ceremony hosted by Josh Widdicombe.  Awards were ...

20 September 2018

Case highlights bank’s new product where investors can access 100% of the refurbishment costs for short term projects. Shawbrook were approached by Strategic Partner B2B Financial with an experienced...

19 September 2018

The annual review of the personal current account market has been completed, concluding with the yearly Moneyfacts Star Ratings. The Moneyfacts Star Ratings for personal current accounts comprises of...

19 September 2018

Mortgage Business Expo (MBE) at the Barbican on 10th October will include a specialist lending panel debate hosted by the Financial Intermediary and Broker Association (FIBA) and the L&G Mortgage Club...

19 September 2018

Savers are still being left at the mercy of inflation eroding their hard-earned cash, despite a boom in the number of rate rises in the market. Today, less than 1% of the standard savings market can b...

19 September 2018

Leading online general insurance provider, Source Insurance, has been appointed to the GI panel of PRIMIS Mortgage Network, a conglomerate of First Complete and PINK networks. The move follows a thoro...

18 September 2018

LEEK United has announced an increase in its interest rates for borrowers and savers. Less than half of the Society’s mortgage customers will be affected by the rise in Standard Variable Rate (SVR), ...

18 September 2018

Recruitment drive continues indicating lender’s ongoing commitment to the broker and professional investor community Shawbrook are delighted to announce that Amanda Meadows and Shrena Patel have join...

18 September 2018

Award-winning P2P firm, Kuflink, are pleased to announce a new addition to their fast-growing team; Ed Hounsell, who is stepping into the role of Chief Marketing Officer. Ed brings a wealth of experi...

18 September 2018

SortRefer, the online conveyancing broker portal, has relaunched its website, improving access and creating a stronger platform for future customisation and new service launches. The new look website ...

18 September 2018

First Time Buyer sector offers most potential for growth say property finance brokers United Trust Bank’s most recent broker sentiment poll has revealed which sectors property finance brokers believe...

18 September 2018

Fleet Mortgages, the buy-to-let and specialist lender, is today (17th September 2018) celebrating its 4th birthday having launched on this day in 2014. During that period, the lender has grown signif...

17 September 2018

Mansfield Building Society is launching its Retirement Interest Only (RIO) proposition with two innovative mortgage products that enable borrowers to take subsequent additional drawings up to a maximu...

14 September 2018

Beneficial Trust & Will Company Ltd (BTWC), are pleased to announce they are shortlisted for two industry leading national awards. Will Writing company BTWC, have been shortlisted in the British Will...

14 September 2018

The size of the self build market is set to grow over the coming years with predictions of a 7-10% growth per annum to 2020 (Self Build Housing market Report). With more people aspiring to build their...

13 September 2018

Product changes UK specialist lender Step One Finance Limited (“Step One”) has announced new rates for its 2nd charge mortgage product range as well as improvements to its lending criteria. Summary ...

13 September 2018

United Trust Bank has appointed Paul Barter as a Business Development Manager for Asset Finance. Paul will be responsible for developing broker relationships in the Central region, which includes the...

13 September 2018

Intermediaries have been urged to stay clear of buy-to-let tax advice to avoid being involved in the next potential mis-selling scandal. Speaking in a Specialist Lending Panel at today’s Financial Se...

13 September 2018

Retirement Interest-Only (RIO) mortgages are a “welcome addition” to the later life lending space, however there should be a closer alignment between the products and equity release options in order t...

13 September 2018

New Leaf Distribution, the national Wealth, Mortgage and Protection network based in Southend on Sea Essex, have announced its recent 12-month’s performance has been one of its most successful with in...

13 September 2018

The Right Mortgage & Protection Network is pleased to announce it has joined the Equity Release Council (The Council). The network recognises the increasing role equity release plays within the retir...

13 September 2018

With nearly two decades of experience in the mortgage industry, Karen Bennett has taken the decision to step down from her role of Managing Director, Commercial Property to pursue other career opportu...

13 September 2018

CEO says move marks closer cooperation between networks Mortgage Support Network (MSN), the Leicester based mortgage network, has announced its move into new larger offices in the city, which will al...

12 September 2018

Custom-build Housing has been highlighted as one of the main agendas being pushed by the Government in 2019 as it looks at ways to extend the supply of new housing. Speaking in a New Build and Housin...

12 September 2018

The FCA’s intention to deliver a broker assessment/comparison tool for consumers is wrought with difficulties and could end up being ‘anti-competitive’, according to a number of trade body representat...

12 September 2018

Product transfers and retention business is likely to be the ‘dominant channel’ in the mortgage market in 12 months’ time and presents a ‘massive opportunity’ for advisers, according to a panel of mor...

12 September 2018

With the potential for a combined mortgage and product transfer market of over £400 billion in 2018, a panel of experts have argued that protection sales and penetration rates might suffer as advisers...

12 September 2018

Terry Pritchard is the latest addition to the Kuflink team, having joined the bridging lender as Head of Origination. Terry brings an abundance of fresh ideas with him, as well as a wealth of experien...

12 September 2018

Fluent Money Group, the UK’s largest second charge lending provider, has launched an enhanced specialist lending service to advisers, through Fluent for Advisers, its intermediary dedicated subsidiary...

12 September 2018

Magellan Homeloans, the specialist mortgage lender, has taken another step in its continuing drive for best-in-class service and created a new team of Regional Account Managers (RAMs). The RAMs will h...

11 September 2018

Te Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (11th September 2018) issued its response to the Housing, Communities & Local Government (HCLG) Select...

11 September 2018

A panel of industry experts has agreed that the outlook for property investment in the UK remains positive, despite the uncertainty around continued Brexit negotiations. Paresh Raja, CEO of Market Fi...

11 September 2018

Roma Finance, the bridging and development finance lender, has provided bridging funding for a buy to let renovation property. Working closely with Key Commercial Finance, the specialist commercial b...

11 September 2018

Knowledge Bank, the UK’s largest criteria sourcing provider, is now offering brokers the ability to perform criteria searches within two lending types: Bridging and Commercial. The addition of the ne...

11 September 2018

Following recent expansion of its large loan proposition and rate reductions, Newcastle Intermediaries has now introduced a variable rate large loan product which comes with no early repayment charge....

10 September 2018

Keystone Property Finance announces its relaunch today as a specialist buy to let mortgage lender. David Whittaker, CEO of Keystone Property Finance, comments: “The step up to full lender status cor...

10 September 2018

Clever Lending is now offering in-house advice to brokers on regulated bridging following increased demand which has seen its funding almost treble in this area over the past year. The specialist pac...

10 September 2018

Answers in Retirement Group (AIR Group), the Group of companies covering a range of retirement and later life services, has today (10th September 2018) announced the launch of its new physical ‘Learni...

10 September 2018

The client had completed a block of flats and needed to refinance development funding pending the sale of the units. Ortus became involved 3 days prior to a drop-dead completion deadline. Timings we...

07 September 2018

Keystone’s funding contract with Paratus AMC has ended after a very successful three years, originating close to £200m in loans. Commenting on the announcement, Steve Olejnik, managing director of Mo...

06 September 2018

The most recent Criteria Activity Tracker provided by Knowledge Bank has revealed the most search criteria by brokers during the month of August. Six lending types are included in the tracker and wit...

06 September 2018

6th September 2018: General insurance provider, Berkeley Alexander, alerts brokers to the impact today from the Insurance Distribution Directive (IDD) rule changes, which come into force in October. ...

06 September 2018

The Moneyfacts.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market. Brief product details together with independent Moneyfacts analysis...

05 September 2018

The ESTAS Group - which highlights the best firms for customer service involved in the home-moving process – has today (5th September 2018) revealed its shortlist for the 2nd annual Conveyancer Awards...

05 September 2018

Marsden Building Society has delivered some research into the later life market and has found a growing number of brokers are dealing with later life cases.  Product terms, interest only mortgages and...

05 September 2018

With the average house price in London around now £890,000 (source HM Land registry Jan 18), individuals seeking finance from £400,000 up to £1.5m with less than 70% LTV can now apply to Buckinghamshi...

05 September 2018

BEP Systems, the mortgage origination software house, is working with three new data partners to further enhance its Apprivo2 system capability for mortgage and loan origination. The three companies ...

04 September 2018

Mortgages for Business has successfully automated the buy to let mortgage application submission process with Kent Reliance and Paragon. Adopting robotic technology, the specialist BTL broker has bot...

04 September 2018

Connect for Intermediaries has appointed a commercial lending specialist to boost the strength of its commercial team.  Gareth Norman joins Connect this month from Atom bank where he was a BDM; before...

03 September 2018

The Right Mortgage & Protection Network is pleased to add new protection provider Guardian to its panel on Guardian’s launch day. Guardian, who opened for business on Friday will be working closely w...

03 September 2018

Fluent Money Group, the specialist lending distributor, has today announced the formal launch of Fluent Lifetime Ltd, a month ahead of schedule. The company will be offering equity release (ER) and la...

03 September 2018

Vernon Intermediaries has linked up with Mortgage Support Network to give its ARs access to the lender’s full range of mortgage products. The North West-based building society offers residential and ...

03 September 2018

Roma Finance, the bridging and development finance lender, has seen a significant increase in its lending in the North West in the first half of 2018. For all of England and Wales, H1 lending volumes...

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