Crystal appoints head of second charge lending

Packager Crystal Specialist Finance has hired Frances Winstanley (pictured) as head of second charge lending.

The Midlands-based firm says it has seen an increase in activity for second charge lending over the last year and Winstanley will be developing and growing the second charge lending division.

Winstanley joins from A-Plan Insurance where she was senior account executive. Prior to A-Plan she worked for Ocean Finance & Mortgages.

CSF managing director, Jo Breeden, says:

“Second charge lending is playing an increasingly significant role in the specialist sector, with more products available and rates coming down.

“It is important for the business that we continue to grow in this sector and as always we will advise brokers and their clients on the best and most viable products available for their specific needs, transparency remains the key.”

CSF works across the five specialist divisions of ridging, commercial, development finance, second charge loans and specialist mortgages.

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