Press releases for May 2024
Press releases are shown below. Please email info@cherryplc.co.uk to arrange for your Press Releases to be displayed
16 May 2024
Adviser confidence in outlook for the mortgage market, intermediary sector and own business all up in the first quarter of 2024, according to the latest findings from IMLA’s Mortgage Market Tracker ...
16 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has today reduced rates across a wide range of products by up to 0.58%. The cuts span their five-year fixed rates on retirement interest o...
16 May 2024
New second charge lender Interbridge Mortgages has announced its entry into the UK lending arena. The second charge specialist will provide secured loans in England, Scotland and Wales through a pane...
16 May 2024
The increased responsibilities placed upon conveyancers in recent years has resulted in considerable ‘scope creep’ for the sector and is placing increased pressure on the ability of firms and staff to...
16 May 2024
The Right Mortgage & Protection Network and DA Club have today (16th May 2024) announced details of its second annual Private Medical Insurance (PMI) Summit and awards ceremony for advisers taking pla...
16 May 2024
Following the recent launch of OMS Originations, a loan origination platform specifically aimed at banks, building societies & specialist lenders, OMS has seen a remarkable increase in Q1 business in ...
15 May 2024
Asset Advantage, one of the UK’s leading providers of business finance for SMEs, is celebrating 10 years of offering business loans with the launch of its new online content hub for brokers. The comp...
15 May 2024
Movera, the UK’s largest home moving group, has appointed Mark Tosetti as Chief Executive Officer (CEO) of its panel manager business, Conveyancing Alliance (CAL). Mark brings a wealth of experience ...
15 May 2024
Atom bank, the UK’s first app-based bank, has appointed Amy Donnelly to the position of Business Development Manager (BDM) for Scotland and Northern Ireland. Amy has extensive experience in the inter...
15 May 2024
Hampshire Trust Bank (HTB) has completed a £3.195 million development finance facility to fund the construction of five properties with exemplary environmental ratings on farmland in Oxfordshire. The...
15 May 2024
Norton Broker Services, the specialist finance packager and master broker, has recently secured a purchase and refurbishment loan valued at £210,000 and £120,000 respectively, for a newly formed speci...
15 May 2024
Following a record start to the year, VAS Panel has promoted four members of staff to primary roles as the business continues to recognise and reward employee excellence. Jenny Kitching, who joined i...
15 May 2024
Richard Doe, former Chief Executive Officer of Harpenden Building Society and a former Managing Director at Paragon Banking Group plc has joined the board of United Trust Bank as a non-executive direc...
15 May 2024
Paradigm, the mortgage, protection and compliance services proposition, has today (15th May 2024) announced the launch of its second podcast, designed to provide an informative and relaxed discussion ...
14 May 2024
Maria Harris gives evidence at yesterday’s Commons Select Committee on improving the home buying and selling process Maria Harris, chair of the Open Property Data Association (OPDA) has called for th...
14 May 2024
Major home moving group Movera is set to grow its conveyancing teams by over 100 this year as part of its overall business strategy. The plans follow Movera’s rebranding last autumn which brought toge...
14 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation range. The new product fulfils an identified customer need during the current ...
14 May 2024
Buckinghamshire Building Society has bolstered its prime residential and buy-to-let product ranges through the introduction of two new five-year fixed rate products up to 90% and 80% LTV respectively....
14 May 2024
LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation range. The new product fulfils an identified customer need during the current ...
14 May 2024
Mortgage and protection firm Access Financial Services has appointed Jeremy Lock to director of compliance. Lock joins Access FS from Absolute Return Investment Advisers (ARIA) where he was head of c...
13 May 2024
Major home moving group Movera is set to grow its conveyancing teams by over 100 this year as part of its overall business strategy. The plans follow Movera’s rebranding last autumn which brought toge...
13 May 2024
Alternative Bridging Corporation has promoted Robert Seymour to the role of Senior Underwriter. Robert has nearly 20 years of experience in financial services, having previously held key roles at En...
13 May 2024
Buy-to-let lender Landbay has enhanced its popular like-for-like remortgage range with new lower stress testing, alongside a raft of new rate reductions. For landlords with no changes to their curren...
13 May 2024
To coincide with Mental Health Awareness Week 2024, OSB Group (award-winning specialist lender & savings bank) will be bolstering the support offered to colleagues with the addition of domestic abuse ...
13 May 2024
The Right Mortgage & Protection Network and DA Club have today (13th May 2024) announced a range of Sales Roadshow Events for both appointed representative (AR) and directly authorised member firms. ...
10 May 2024
The Brightstar Group will be marking and supporting Mental Health Awareness Week on 13th-19th May, continuing to raise awareness and encourage openness across the business around the issue of mental h...
10 May 2024
Specialist lender OSB Group has strengthened its sales team via internal promotions. The sales teams at OSB Group have been further boosted with internal promotions that help to harness the expertise ...
10 May 2024
‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today launched new short-term and holiday let products, as well as cutting fees ...
09 May 2024
Below is a comment on today’s MPC Bank Base Rate decision from Rob Clifford, Chief Executive of mortgage and protection network, Stonebridge: “With swaps increasing in recent weeks, the recent decisi...
09 May 2024
Following the announcement that the Bank of England has held the base rate for a sixth consecutive time at 5.25%, we have a comment from MorganAsh. MorganAsh provides the award-winning MorganAsh Resi...
09 May 2024
Following the news that the Bank of England has voted to hold the base rate once again at 5.25%, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the largest mortgag...
09 May 2024
KSEYE and broker firm LDN Finance recently completed a £4.2 million residential bridging loan for the purchase of 10 flats within a newly developed area in Canary Wharf. The loan was for 10 flats, ra...
09 May 2024
Aspen has provided a £6.5m Development Exit bridge to several experienced developers, enabling the redemption of the development lender and freeing up equity in a capital raise to use towards their ne...
09 May 2024
Bryce Glover, co-founder of Recognise Bank and experienced property finance professional, has joined the board of United Trust Bank as a non-executive director. With a banking career spanning more th...
09 May 2024
Pepper Money has launched the fourth season of its podcast for mortgage intermediaries, The Specialist. The latest season of the popular podcast, hosted by Rob Barnard, Intermediary Relationship Dir...
09 May 2024
Property Circle, the growth platform for mortgage brokers, estate agents and letting agents, has appointed Andy Tyler to head up client service as Head of Training and Customer Success. Andy who will...
08 May 2024
Buckinghamshire Building Society have today announced a partnership with the award-winning, later life lending sourcing platform and mortgage club, Advise Wise. This collaboration makes Buckinghamshi...
08 May 2024
Atom bank, the UK’s first app-based bank, has announced it is reducing the interest rates charged on its range of commercial mortgages by up to 0.61%. The changes will see variable rates start at 2.0...
08 May 2024
Specialist lender Spring Finance (Spring) has today announced the launch of a dedicated suite of products and process for the non FCA regulated bridging market. The products will cater for standard r...
08 May 2024
Marsden Building Society has announced a refresh of its Guernsey mortgage portfolio, with reduced rates, capital raising and interest only options available. The Society, based in Lancashire, Engla...
08 May 2024
Short term specialist lender Suros Capital, which lends against luxury assets, has seen an increase in the number of cases where customers are using gold as security against a loan. Cases using gold a...
08 May 2024
The Dudley Building Society and self-build brokerage Mayflower Mortgage and Finance have completed a £1.4 million self-build remortgage demonstrating the Society’s flexibility on construction type and...
08 May 2024
A KEY member of Pepper Money’s management team has shared his highly personal experiences of overcoming alcohol abuse following the breakdown of his marriage for the latest Mortgage Industry Mental He...
08 May 2024
Fleet Mortgages, the buy-to-let specialist lender, has today (8th May 2024) launched new products and cut pricing within its standard range. There are two new five-year fixed-rate standard products l...
08 May 2024
A significant number of buy-to-let landlords have made financial changes over the last 18 months in order to mitigate the rising costs of running a rental property, including renegotiating mortgage fi...
08 May 2024
Specialist buy-to-let lender CHL Mortgages has revised their product range. Products are available with 2%, 3.5%, 5% and 7% fee options and LTV bandings of 55%, 65%, 70% and 75%. 2-year fixed rates ...
08 May 2024
Mutual Vision (“MV”), a technology provider for specialist lenders, is launching MV Solar today, a new ‘bank in a box’. The cloud-native, digital banking platform was unveiled at the BSA conference i...
07 May 2024
Following the release of the latest CIPS PMI construction data, which shows the fastest expansion of construction output since February 2023, we have a comment from Beard Construction. Fraser Johns, ...
07 May 2024
OSB Group, the award-winning specialist lender & savings bank, are celebrating their employee engagement networks first year anniversary which coincides with the National Day for Staff Networks on 8th...
03 May 2024
3 May 2024, UK: Mortgage Brain, the leading provider of mortgage technology, welcomes Nomo to its Sourcing Brain platform. This new partnership will provide even more brokers with access to Nomo’s pop...
02 May 2024
‘Solutions by Foundation’, the specialist buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today (2nd May 2024) reduced pricing on selected semi-commercial produ...
02 May 2024
United Trust Bank is continuing to develop its Bridging Sales Team by promoting experienced bridging specialist Bradley Illman to the role of Key Account Manager for London. Bradley (Brad) joined UTB...
02 May 2024
Hanley Economic Building Society has announced the introduction of a two-year interest-only self-build variable discount mortgage with an initial pay rate of 6.15%, available up to 70% LTV. This come...
02 May 2024
Norton Group has announced the appointment of Rachel Wilks as its new Operations Director. Rachel joins Norton Group from Capital One where she worked for 24 years, most recently in a senior leadershi...
02 May 2024
A heavy works conversion in Cheltenham plus a church redevelopment and nearby brownfield land purchase in Bath have all been brought together by Aspen under one complex £5,625,000 Refurbishment bridge...
01 May 2024
Black & White Bridging, which specialises in bridging finance, has committed to upskill its entire workforce over the next few months. The specialist lender will use the Certified Practitioner in Spec...
01 May 2024
New data reveals that intermediaries using LiveMore’s Matching Engine secure a 41 per cent uplift in the loan amounts they can offer their over-50s clients. The uplift relates to the amount a broker ...
01 May 2024
A FUNDRAISING 125-mile walk from the West Midlands to London led by three Mortgage Industry Mental Health Charter (MIMHC) founders is gearing up to raise as much money as possible for charity. The sp...
01 May 2024
‘Residential by Foundation’, the specialist residential mortgage brand of Foundation Home Loans, has today announced the appointment of a new Regional Account Manager. Ginny English starts in the rol...
