Category: News

He is replacing Charlotte Hogg – who resigned in May after failing to declare her brother’s job at Barclays as a potential conflict of interest.

Tesco has also launched a number of 2 and 3-year fixes, including an 80% LTV 2-year fix at 1.74% and a 90% LTV mortgage at 2.99%.

A number of customers on SVRs aren’t remortgaging.

The FCA ruled that Lloyds didn’t do enough to understand customers’ circumstances to be confident that their arrears payment plans were affordable and sustainable between January 2009 and 2016.

McBriar is currently managing director of Manchester-based Adapt Finance.

Enver joins from where he was acquisitions manager.

Operating profit was steady year-on-year, rising by £0.1m to £6.2m – with more income being offset by investment in people and infrastructure.

eTech will implement an online submission platform ahead of the PRA deadline on 30 September, when firms must scrutinise borrowers with four or more buy-to-lets by assessing their full portfolio of properties and outstanding mortgages in addition to the standard assessment.

The portal is called Magellan Hub and allows for electronic submissions of supporting documents.

The distributor now has five department heads, with the other two being Gina Blagden as head of residential mortgages and Kit Thompson as director of short-term lending.