Neale was previously sales director of Magellan Homeloans, while before that he held sales director and head of sales roles at the likes of TMP (part of Mortgage Advice Bureau), Primis Network and specialist lenders Infinity Mortgages, Advantage Homeloans and GMAC RFC.
The portal is called Magellan Hub and allows for electronic submissions of supporting documents.
The broker is being headed up by Clive Willson, formerly at Brightstar, Magellan and Beacon Homeloans, and provides assistance for all types of residential, commercial, development and business finance, on an advised or referral basis.
Out of 17 lenders that were rated by 50 of Dock9’s team Magellan came bottom, followed by Dudley Building Society and Aldermore.
Magellan offers complex prime and credit repair products designed for borrowers having a difficulty in getting a mortgage from a high street lender.
Hibbert has over 15 years’ experience gained in business development and specialist lending, with her most recent role being business development manager for secured loan lender Central Trust.
Access to its complex prime range was initially made available exclusively via packagers to gauge market appetite and to manage service levels.