Entries by Stephen Kiely

Nucleus Commercial Finance appoints regional sales direct to build northern presence

Nucleus Commercial Finance today announces the expansion of its Asset Based Lending team (ABL) in Yorkshire, with the appointment of Riana Azam as Regional Sales Director. Riana brings 14 years’ industry experience and will be central to developing Nucleus’ ABL proposition in this region. Riana joins Nucleus from Metro Bank where she was Business Development […]

Three out of Five UK Households Negatively Financially Impacted by COVID-19

Global information and insights provider TransUnion, one of the UK’s leading credit reference agencies, has found that three out of five (59%) households are already being negatively financially impacted by COVID-19, according to a new study. This contrasts with research commissioned just before the outbreak for TransUnion’s Consumer Credit 2020 report, where 60% of consumers […]

Paradigm add lender AVM levels to Coronavirus support page

Paradigm Mortgage Services has today added a new section of information capturing lenders’ automatic valuation model (AVM) information and LTV restrictions to its Coronavirus support page. Splitting each lender’s AVM levels across four areas – residential purchase and remortgage, and buy-to-let purchase and remortgage – Paradigm is providing at-a-glance information on the maximum LTV allowable […]

Foundation Home Loans – update and comment

With regards to the news from Foundation Home Loans today, Chief Executive of Foundation Home Loans said: “Foundation Home Loans has taken the decision to temporarily suspend all new applications as from 31 March 2020. This allows us to focus resources on delivering support, including mortgage payment holiday arrangements, to our 38,000 existing borrowers. With […]

Equifax UK committed to supporting consumers and businesses impacted by COVID-19

Equifax, the business and consumer insights expert, is working actively with regulators, government, credit providers and other credit reference agencies to minimise the effects of COVID-19 on UK consumers’ credit files and to support lenders as they navigate the various financial support measures recently put in place. With the government calling on lenders to be […]

Fully-Verified, an online identity verification provider, successfully raises a financing round

Fully-Verified, a Startup Wise Guys backed company, offers a range of video-based identity verification services aimed at delivering the highest level of security and compliance. It has now secured a new financing round, for an undisclosed amount, led by POMERANGELS investment fund, Krystian Stypuła (founder of Home.pl, J-Cash Holdings), and Samuli Koski-Lammi (founder of BLStream/Intive, […]