IMLA elects board

IMLA members also re-elected John Heron of Paragon Group and Charles Haresnape of Aldermore as directors.

The Intermediary Mortgage Lenders Association has re-elected chairman and deputy chairman Kevin Purvey of Coventry Building Society and Phil Rickards of Lloyds Banking Group.

At its annual general meeting this month IMLA members also re-elected John Heron of Paragon Group and Charles Haresnape of Aldermore as directors.

Louisa Sedgwick of Vida Homeloans returned as a co-opted director though Paul Darwin of Skipton Building Society replaced Precise Mortgages’ Alan Cleary.

Purvey (pictured) said: “As a representative body, we see IMLA’s collective knowledge as a major source of our strength and I am delighted to continue serving as chairman for 2017.

“New members are incredibly valuable, as they can provide fresh insight on the many challenges facing lenders, brokers and consumers in today’s market.

“We look forward to working together in the coming year to build on what has been a challenging but ultimately successful 12 months which has seen mortgage activity hold up well despite uncertainties in the broader environment.”

IMLA added CHL Mortgages, The Mortgage Lender, Tesco Bank and Vida Homeloans to its ranks in 2016 – bringing its membership count to 34.