Tag: Precise Mortgages
Parr is well known in the industry having been in bridging finance for over 12 years.
It has hired Peter Coombes to cover Brighton, Bromley, Croydon, Canterbury, Dartford, Rochester, Redhill, South East London and Tunbridge Wells postcodes and Stuart Ottery for the Bath, Bristol, Cardiff, Exeter, Gloucester, Newport, Oxford, Swansea, Swindon and Taunton postcodes.
To grow the market they called for more product innovation and education so more brokers see seconds as an option for clients.
Only 17% of landlords with one to three properties plan to use limited company status.
All of the OneSavings Brands, including Kent Reliance, will be reporting to him.
The merger will unite specialist mortgage brands Precise Mortgages and Kent Reliance, part of One Savings Bank, as they will both report to Alan Cleary, managing director of Precise Mortgages.
Andy Golding is set to become CEO of the combined group.
As a former business development manager, Mann brings more than a decade of experience and knowledge to the position, including roles at Secure Trust Bank and Cambridge Building Society.
After the Decision in Principle (DIP) was received, Precise Mortgages completed on the bridging finance element of the case in just nine working days which enabled the customer to purchase the property at auction.
While 2019 is likely to have some ups and downs, we are expecting it to be one full of opportunity for brokers.