Savills Lending Solutions staff in consultation
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All Savills Lending Solutions staff have today entered a period of consultation.
A spokesman for the firm’s parent company Savills Private Finance, says: “All Savills Lending Solutions today entered a period of consultation with all employees due to continued difficult trading conditions.”
In December 2009 all eleven staff members at the packager were placed into consultation, which at the time was blamed on a lack of funding and lenders withdrawing from the market.
At the time only a couple of redundancies were made.
Rob Jupp, formerly managing director of Personal Touch Packaging joined Savills in September 2008 to launch SLS.
Readers' comments (5)
Tony Crossley | 9 Aug 2010 3:20 pm
The Market will be a poorer place without Mr Jupp.
However , I am sure we will see that giant frame in one guise or another in the near future.
It is a shame that things finally look as though they may start to improve for the beleaguered Packager community.
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Anonymous | 9 Aug 2010 3:33 pm
what a real shame. I've used SLS for the last 18 months and I have found them to be absolutely fantastic. Mortgage Advisors really do need people like this lot and the market will seem that little bit harder without these guys!
I hope 2011 is going to be better then this completely awful year.
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Eric the red | 9 Aug 2010 6:48 pm
Another bites the dust
Rob Jupp can put his weight (and that's a lot) behind another new venture.
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kevin duffy | 10 Aug 2010 9:31 am
whatever some might say with the benefit of hindsight, this was a very sensible strategic play at outset . only the demise of the sector brought it to an end. Jupp will live to fight another day and anyone that hauls his timber around europe's marathon routes has resilence and tenacity in high reserve.
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Ancient Wisdom...is a mortgage broker in N3. | 10 Aug 2010 9:54 am
Mortgage borkers need to cut overheads costs and staff in this market - not upscale to fancy offices and admin staff.
Less competition is better for those that are around, but once again....and indication that the broker market is nearing extinction due to market forces.
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