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Do you expect to see less or more second charge mortgage lenders in 2018?

Mortgage broker names new MD

new hire has named Richard Merrett (pictured above) as its new managing director.

The mortgage broker – which specialises in arranging mortgages above £500,000 – has created the new managing director role to allow CEO and founder Paul Welch to focus on growing the business further.

Richard – who will take up the role in January – previously spent 15 years at Alexander Hall Associates Ltd, where he was most recently responsible for managing all lender relationships, as well as all product-related developments, including training and communications to advisers.

“I am delighted Richard has agreed to join as managing director,” said Paul.  

“He brings with him an excellent reputation and a wealth of 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 forge ahead with our strategic growth.” handles more than £3bn of enquiries every year through its 45 staff based in London, Singapore, Monaco and Guernsey. 

Paul added: “ is an expanding business and we’re actively recruiting advisers interested in developing their careers in the specialist large mortgage market, both in the residential and commercial markets.”

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