Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Mortgage 400 Cycle Challenge Raises Over £26,000 for Charity

Mortgage professionals have raised £26,002 for charity by completing a 472-mile cycle challenge from Edinburgh to London. The event, known as the inaugural Mortgage 400 charity cycle challenge, took place over four days and supported the charities Magic Moments and Crisis.

The challenge brought together leaders from across the mortgage sector, including Robert Sinclair, Paul Fryers, and Charles Roe. The ride was organised by John Doughty from Just Mortgages and Andy Dean from Lloyds Banking Group. According to the organisers, the response from the industry included donations, sponsorship, promotional support, and messages of encouragement from colleagues, peers, and businesses.

Magic Moments is a charity that supports children with life-limiting illnesses and helps organise events to create special memories for their families. Crisis is a UK charity focused on tackling homelessness by providing healthcare, employment, and housing-related services.

The team of riders included professionals from various organisations, such as NatWest Intermediaries, Clydesdale Bank, Virgin Money, Smartr365, Mortgage Brain, and Chartwell Funding. The organisers are considering whether to repeat the event in the future.

This fundraising effort highlights the mortgage sector’s support for charitable causes, including those related to housing and homelessness, which are of ongoing relevance to UK property professionals.