Best Advice Mortgage Network has appointed Ken Smith as business development manager for the Midlands.
He will be responsible for forging relationships with mortgage advisers and marketing the Best Advice Mortgage Network, a recently-launched service for intermediaries. Smith joins from Kensington Mortgages where he was a regional sales manager.
Prior to this, he was regional sales manager for buy-to-let specialist, Paragon Mortgages in the East Midlands.
Steve Holt, operations director of Best Advice Mortgage Network, said: ‘The appointment of Ken Smith shows the network is committed to supporting its advisers.’
Sub-prime lender, Mortgages plc, has appointed Phil Tinsley as head of compliance. Tinsley has an extensive background in compliance and will insure all systems and staff are ready for regulation by the 2004 deadline.
Before this, he worked as a manager in the financial services and regulatory consulting group, PricewaterhouseCoopers, where he dealt with the Financial Services Authority and other bodies including the Mortgage Code Compliance Board, the Banking Code Standards Board and the General Insurance Standards Council.
Tinsley said: ‘I am pleased to be joining the company at a time when its plans for regulation are already underway.
‘The company has been treating compliance developments in the mortgage market seriously and I look forward to driving the process forward to ensure compliance remains a positive part of its business, rather than becoming an additional complication.’
Platform, has appointed Andrew Davidson to the new position of finance and planning director. Davidson has 14 years’ experience in finance, operations and accountancy.
He comes to Platform after 10 years with Merrill Lynch Investment Managers, where he was a director and head of institutional operations, in charge of the company’s international equity business.
David Tweedy, managing director of Platform, said: ‘The merger with Verso last year to form a one-stop mortgage business presented us with many new challenges and it has been necessary to expand our management team to help us tackle these and strengthen the business further. We have ambitious plans for the future and Andrew has the right qualities to help us make our vision a reality.’
xit2, the outsourced process manager to the lending industry, has appointed Mark Holland as national sales manager. He will be responsible for the overseeing of xit2’s current client base and opening up new markets. The company will be focusing on the packaging sector in particular.
Holland joins the company after eight years in the lending and packaging industry.
He has held positions with GMAC-RFC as account manager in central London, with Bank of Ireland Group and with Yorkshire Building Society.
Holland said: ‘There is pressure on lenders and packagers to reduce the time it takes to process a mortgage application. xit2 has some great propositions to help the industry alleviate pressure through the reduction of costs and increased productivity.’