Mortgage Solutions revealed last month that Cox was leaving Hodge Lifetime after two and a half years to join buy-to-let lender Fleet.
The lender has hinted that it will be looking to expand its lending portfolio, with CEO Bob Young saying a number of new product areas were under consideration.
Young said: “We are very pleased to announce that Steve Cox has started work at Fleet Mortgages today as our new distribution director.
“We have been very much looking forward to him joining the team here – he brings with him a wealth of experience and is one of those rare individuals within our industry that has worked across both broker and lender roles at a very high level.
“This type of knowledge and expertise will be a huge boost to Fleet Mortgages and I have no doubt that Steve will hit the ground running and will help develop our offering and proposition in both our established product areas and a number of new ones,” he added.
Opportunities to explore
Fleet said Cox will be working closely with the management and sales teams helping to develop and establish both new and existing relationships.
It added he would also ensure the product proposition worked in core areas and potential new ones.
Cox, who has previously spent eight years as head of commercial development at Sesame Bankhall Group, said the opportunity was too good to turn down and he was pleased to be joining the lender.
“I believe I can offer a great deal of experience and insight, plus the ability to help push this business,” he said.
“Fleet already has a strong reputation for quality and service, and the team that’s been assembled is second to none.
“I’m excited to be working here and dealing with the large number of distribution partners we currently have. This is an exciting time for the business and there are plenty of opportunities to explore,” he added.
Fleet Mortgages has also announced that business development manager Chris Barwick, who previously covered the North East, will now be covering the North of England.