‘Robo-advice’ and ‘robo-advisers’ are a growing field of online investment and savings platforms that replace advice with online, automated guidance and execution.
Richard Tugwell, group intermediary relationship director at Together said: “Sophie will be using her skills to make sure that brokers are familiar with what we can offer and that their customers have access to the funding they need. We’re delighted to welcome her to the team.”
He will also be focused on delivering in key technology-based areas building on the launch of Virtual Adviser – JLM’s robo mortgage advice proposition. He will also help to build a digital service, plus provide strategic oversight and ensuring excellence in customer servicing.
LendInvest has agreed to fund the construction of 216 units in Richmond Park, the first section of the site to be developed on which Halsbury has consent to build 1,310 homes. This is LendInvest’s largest development project to date, by the number of units under construction.
The product is stress tested at an income coverage ratio of 125% and 5% and has a maximum loan size of £200,000.
Operating exclusively through mortgage brokers and IFAs, Uinsure offers a full suite of GI products, including buildings and contents, buy-to-let, non-standard, commercial and accident, sickness and unemployment insurance.
Specialist property lender Octopus Property (OP) has provided a £3.27m loan for the acquisition of an office building in Isleworth, West London for FRT Developments (FRT), specialists in asset regeneration.
Christine Campbell, Your Move managing director in Scotland, said: “The market in Scotland looks strong compared to almost anywhere else in the UK. A lot of that is down to the resilience of the market in Glasgow, but the performance has been good across the board.”
Jonathan Punter, chief executive of investors Punter Southall Group, said: “The Board are delighted with the appointment – Peter brings a wealth of distribution insight and is highly regarded by our strategic partners.”
Hammond was head of mortgage marketing at Castle Trust and has held senior marketing and communications roles at Kensington and Investec.