Business
Swansea Building Society’s plan to streamline mortgage criteria access
SWANSEA Building Society has announced a ground-breaking integration with Knowledge Bank, a leader in innovative financial technology solutions. This partnership leverages Knowledge Bank’s multi-award-winning criteria sourcing platform to provide mortgage intermediaries with seamless, subscription-free access to Swansea Building Society’s extensive and diverse mortgage criteria.
This integration allows intermediaries to effortlessly search and view Swansea Building Society’s comprehensive criteria across Residential, Buy to Let, and Self Build mortgages, all from a single, user-friendly interface. Swansea Building Society’s criteria, known for their breadth and inclusiveness, are meticulously maintained and updated through Knowledge Bank’s KB PRO access, ensuring that intermediaries always have the most current information at their fingertips. Access to the Knowledge Bank platform can also be found via the Swansea Building Society website.
The key benefits of this integration include comprehensive criteria access, allowing intermediaries to explore a wide range of criteria addressing all aspects of Swansea Building Society’s lending options. With the convenience of accessing all criteria in one place, intermediaries can streamline their research process, saving valuable time. Real-time updates ensure that any changes made by the lender are instantly reflected on both Knowledge Bank and the lender’s Interactive Criteria Guide, guaranteeing accuracy and reliability.
Swansea Building Society is recognised for offering some of the most extensive and sought-after criteria in the market, catering to a wide range of intermediary queries. The platform is also designed for optimal use on mobile and tablet devices, allowing intermediaries to access information on-the-go. Importantly, intermediaries can access Swansea Building Society’s criteria without needing a Knowledge Bank account.
Shane Chawatama, Sales Director at Knowledge Bank, said: “We are thrilled that Swansea Building Society, a longstanding supporter of Knowledge Bank, has chosen to utilise our Interactive Criteria Guide. This integration not only enhances the accessibility of mortgage criteria available to intermediaries but also reinforces our commitment to providing innovative, user-centric solutions that drive efficiency and success in the mortgage industry.”
Alun Williams, Chief Executive of Swansea Building Society, added: “Our partnership with Knowledge Bank reflects our commitment to enhancing the experience for mortgage intermediaries. By providing easy, real-time access to our comprehensive mortgage criteria, we are enabling intermediaries to make faster, more informed decisions. This collaboration underscores our dedication to supporting our customers with the best tools and resources available.”
Intermediaries are encouraged to explore this powerful new tool and experience the benefits of having extensive, up-to-date mortgage criteria readily available. With Swansea Building Society’s Interactive Criteria Guide, making informed and timely lending decisions has never been easier.
Business
Authentic Turkish flavours come to Haverfordwest with exciting café opening
A DREAM is set to become reality for Hatice Eltan as she prepares to open Turkish Kitchen Café on Quay Street, Haverfordwest, on February 1, 2025, at 10:00am.
The café promises to bring the vibrant and authentic tastes of Turkish cuisine to Pembrokeshire, offering carefully crafted dishes, aromatic coffee, and a welcoming atmosphere. Open daily from 9:00am to 3:00pm, the café aims to become a hub for both locals and visitors.
Hatice, who moved to Pembrokeshire five years ago with her daughter Eliza and son Deniz, described her excitement: “I’ve always had a passion for cooking and catering, and opening my own café has been a long-standing dream. Pembrokeshire deserves a place where people can experience traditional Turkish food. Many locals love visiting Turkey on holiday, and I want to bring a piece of that experience here.”
The launch event will feature a special food-tasting experience, giving visitors a chance to savour traditional Turkish delicacies such as savoury gözleme, sweet baklava, and refreshing Ayran — a classic yoghurt-based drink. Complimentary samples of Turkish coffee and tea will also be available.
In addition to the tasting, the café will run a raffle where one lucky winner will enjoy a free meal for two, and the first 50 guests will receive a special gift voucher.
Hatice will be joined by her brother-in-law Mustafa Eltan in running the café. Together, they plan to create a warm and inviting space that celebrates Turkish culture and cuisine.
Looking ahead, Hatice has ambitious plans for the café:
“If all goes well, I hope to expand Turkish Kitchen into a full restaurant with extended hours. I already have the necessary licensing to remain open until 3:00am, and I’m excited about the possibilities for the future.”
Hatice, originally from London with Turkish heritage, spoke about her love for Pembrokeshire: “We first visited Pembrokeshire on a weekend trip and instantly fell in love with the community, the beaches, and the slower pace of life. Moving here was one of the best decisions I’ve made for my family.”
Turkish Kitchen Café aims to offer more than just food; it promises an experience — a journey through flavours, tradition, and heartfelt hospitality.
For more information, visit turkishkitchencafe.co.uk.
Business
Welsh firms expect brighter profits in 2025
MORE than three-quarters (79%) of Welsh businesses expect greater profitability in 2025, a significant increase from 69% recorded in December 2023, according to Lloyds’ Business Barometer.
The survey also revealed that 73% of firms anticipate a rise in turnover next year. Of those, nearly a third (32%) predict revenue growth of between six and 10%, while over a quarter (26%) expect even higher gains.
Profitability remains the top priority for 55% of businesses, followed closely by staff upskilling (43%) and productivity improvements (33%). Additionally, 17% of firms aim to enhance their technology, including automation and AI, while 18% are focused on improving environmental sustainability.
To achieve these goals, more than a third (35%) of Welsh businesses plan to invest in staff training, with 29% allocating resources towards research and development (R&D) of new products or services.
The Lloyds Business Barometer, which surveys 1,200 businesses monthly and has been running since 2002, provides valuable insights into regional and national economic trends.
Sam Noble, Regional Director for Wales at Lloyds, said: “Welsh businesses are looking ahead to the new year with ambitious plans. While uncertainties remain, these strategies will help them achieve growth and strengthen their resilience against potential challenges. As they move forward, we’ll continue to stand by them with our support.”
Business
Three daily sailings from Pembroke to Ireland from January 7
THE PORT OF MILFORD HAVEN has confirmed it will facilitate a third daily ferry sailing from Pembroke Dock Ferry Terminal on a temporary basis from 7th January 2025. Irish Ferries vessel the ‘Isle of Innisfree’ will call at the Port in addition to the twice-daily scheduled call of the ‘James Joyce’.
There will now be two sailings to Rosslare and one to Dublin from Pembroke Dock, daily.
Chief Executive at the Port of Milford Haven, Tom Sawyer, said: “Since the temporary closure of Holyhead Port, the Port of Milford Haven has been working in close collaboration with the Department for Transport, Welsh Government and Irish Ferries to identify ways in which it can support the national effort to move freight and passengers between Britain and Ireland.
“As the UK’s largest energy port responsible for the facilitation of around 20% of the UK’s energy needs, we have had to look carefully at how we can support additional ferry traffic without impacting vital UK energy supplies.
“After careful analysis we have identified that we can accommodate an additional daily ferry sailing from Pembroke Dock Ferry Terminal on a temporary basis. This third sailing of Irish Ferries vessel ‘Isle of Innisfree’ will be in addition to the usual twice-daily sailing of the ‘James Joyce’. However, whilst the James Joyce will be departing from Pembroke Dock Ferry Terminal at its usual timetabled slots of 02:45 and 14:45, the Isle of Innisfree departure time will be dependent on other traffic movements, although we will be aiming for a departure time of 0600 where possible.
“Thank you to all our customers for their patience and understanding whilst we have taken time to identify ways to support all traffic movements on the Milford Haven Waterway. Finally, thank you to the community of Pembroke Dock who have endured additional traffic through the town throughout this period.”
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