Merrett (pictured) joins the firm after a 15-year career at the London-based and Foxtons-owned broker Alexander Hall as a board member and a brief spanning key lender relationship manager, product development and adviser training and communications.
Paul Welch, CEO and founder of Largmortgageloans.com said: “Richard has an excellent reputation and great experience in mortgage intermediary distribution. We have exciting plans to grow all aspects of the business and Richard’s knowledge and experience will enable us to push on with our strategic growth.”
Merrett was central to the development of Alexander Hall Associates as a leading mortgage intermediary in the UK and was a key member of the management team that positioned the business to support the successful IPO of the holding company, Foxtons Group, in 2013.
Welch added: “Largemortgageloans.com is still actively recruiting advisers interested in developing their careers in the specialist large mortgage market, both in the residential and commercial markets.”
Richard Merrett said: “I’ve had 15 fantastic years at Alexander Hall, it’s a great business and I wish them every continued success. The chance at Largemortgageloans.com to drive the business change over the next few years is extremely exciting and I am very much looking forward to the challenge.”
Founded in 2006 by Paul Welch, Largemortgageloans.com has targeted high-net worth individuals since launch and has lending partnerships with 84 finance providers.