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Exclusive: New AMI chair appointed

SimplyBiz Mortgages chief executive Martin Reynolds has been elected as the new chair of the Association of Mortgage Intermediaries.

The decision was made this afternoon – 22 February – following an election process among board members.

Reynolds was joint deputy chair along with TMA’s David Copland while former London and Country director Pat Bunton was chair.

Bunton stepped down from the board in unforeseen circumstances last month. He had been appointed chair in 2012.

Ami chief executive Robert Sinclair told Mortgage Strategy that he looks forward to working with Reynolds to “ensure that intermediaries’ interests are promoted and protected, as has been Ami’s purpose over the last 15 years.”

Copland will stay on as deputy chair at the trade body and will be joined by Gareth Herbert of Mortgage Advice Bureau in the position.



Santander starts instructing valuation on day application is received

Santander has moved to knock days off the application process by instructing the valuation on the day it receives a case where the product comes with a free valuation. Previously, a valuer would be instructed once a case has gone through the underwriting process. Santander head of business development for mortgages Graham Sellar says: “We […]

Matthew Wyles leaves Castle Trust

Castle Trust mortgage division managing director Matthew Wyles has left. He has been replaced by Alex Upton, former sales director (mortgages) at the firm. Wyles has been with Castle Trust since 2014. Castle Trust says he has taken up a role at a yet-unnamed financial firm. Castle Trust group chief executive Sean Oldfield says: “Alex Upton is […]


Skipton snips rates, adds products

Skipton Building Society is tomorrow lowering rates on a range of residential, non-standard and buy-to-let loans by up to 0.35 per cent. The lender is reducing rates on residential additional borrowing products by up to 0.35 per cent. The firm is trimming rates on all new build fixed rate products by up to 0.13 per […]


Law Commission eyes leasehold shakeup with commonhold probe

Leasehold property ownership could become less prevalent in the UK under new plans from the Law Commission to promote commonhold instead. The Law Commission believes the more common leasehold structure for owning property can be unfair to homeowners. There are more than 4 million leasehold properties in England, but the Law Commission is concerned about examples […]

Embrace simplicity!

By Fiona Holmes, proposition communications manager When I first took out critical illness cover, I was overwhelmed. It wasn’t just the form filling, it was finding out about the sheer number of illnesses I was covered for. Did it give me peace of mind that I was covered for neuromyelitis optica or systematic lupus erythematosus? […]


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