Recognise Bank has announced that it has surpassed £500m in lending.

It stated that its loan book has increased by more than 45% in the past 12 months, while deposits have exceeded £600m.

Recognise added that the milestone follows the opening of its new Milton Keynes operations centre and reflects continued demand for its relationship-led approach to lending.

Aria Finance has become the latest firm to join Mortgage Brain’s sourcing module, Sourcing Brain, as a packager.

Through the partnership, Aria Finance will have access to the module’s 15,000 plus users, extending its support to a wider network of intermediaries. It supports intermediaries with bridging loans, development finance, buy-to-let mortgages, first and second charge mortgages, and commercial mortgages.

CHL Mortgages has launched a range of new limited edition products with rates starting from 2.70%.

Rates now start from 2.70% for single dwelling properties and 2.80% for HMO and MUFB properties with up to six bedrooms or units.

The specialist lender has also reduced rates by up to 30 bps across its short-term let range, with rates starting from 3.16%. All products are open to individual and limited company landlords at up to 80% LTV, with a choice of fee options and free valuations on selected short-term lets.

Cleerly has selected Acre as its CRM platform, as it looks to double down on its tech strategy.

The partnership follows an “extensive market review” by Cleerly, after it adopted a tech-first approach to mortgage advice.

The integration of Acre into Cleerly’s tech stack is designed to support its growing advice business, as well as support client engagement and drive operational improvements.

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