Whitehouse (pictured) joined the club in 2007 after a six-year period at Pink Home Loans and prior to that, 25 years at Leeds Permanent.
LSL’s director of mortgage services David Copland remains in overall charge of LSL.
Whitehouse was unavailable to comment, but his Linkedin profile shows a move into consultancy which lists his employment as Phil Whitehouse Consultancy Services.
TMA was rescued from administration by LSL-owned network First Complete after being sold by Santander in July 2011. The club, launched in 1999, reportedly supported 3,500 Directly Authorised mortgage advisers.
LSL confirmed there are no plans to merge Pink Home Loan’s mortgage club and TMA, although many of the businesses’ separate functions have been centralised.
David Copland said: “The DA market is a space with a huge amount of potential and with its two brands, LSL is ideally positioned to support advisers who prefer the independence of being directly authorised but who welcome a broad range of strong, high quality support.
“We are currently focusing on developing a number of enhancements to our compliance support services as well as continuing to develop our mortgage panels, which we will be rolling out over the rest of the year. It is our mission to be the partner of choice for directly authorised firms and advisers.”
