View more on these topics

Lehmans appoint head of product development

Lehman Brothers’ Mortgage Capital has appointed Mike Cook as head of product development.

His role is across the brands London Mortgage Company, Preferred, South Pacific Mortgage Limited and South Pacific Personal Loans.

Cook joins from Kensington Mortgages where he held the position of head of product management and development for almost four years.

Before Kensington he spent time at Arthur Andersen and Morley Fund Management.

In his new capacity Cook will have responsibility for overseeing all aspects of product development, including design and strategy, for all four Lehman Brothers Mortgage Capital businesses, LMC, Preferred, SPML and SPPL.

Simon Hinshelwood, chief executive officer of Lehman Brothers Mortgage Capital for UK and Ireland, says: “I am thrilled to welcome Mike and am confident he will prove to be an invaluable addition to the team.

“I look forward to his assistance in meeting the challenges of the future. His expertise in the mortgage world will support our efforts to explore new product opportunities while enhancing our existing brand propositions.”


Time-strapped Brits opt for home help

New research from Barclays reveals that almost one in 10 households currently employ at least one person and 27% have or are considering employing staff to help out with domestic work or chores. Of those who employ staff a massive 82% employ cleaners, followed by 30% gardeners, 17% nannies and 16% to do the ironing.Time […]

MortgageStream expands head office

MortgageStream has doubled its head office to cope with the growing expansion of its sales force.The firm has grown its sales, training and technical teams all of which will be housed in the newly expanded head office in Torquay, Devon. Staff numbers have grown more than 25% in the last six months.It has also recently […]

DCLG offers £100 incentive for early HIP purchase

The first 5,000 home owners to commission a Home Information Pack before August 1 will receive £100 plus VAT off the cost of an Energy Performance Certificate.Yesterday, the Department for Communities and Local Government confirmed its intentions to roll out HIPs to all homes once enough home inspectors have been trained.It also promised the £100 […]

BoE freezes base rate

The Bank of England’s Monetary Policy Committee has voted to freeze interest rates at 5.5%.This follows a 25 basis point rise in May. Although many experts predicted the MPC would hold rates over June, there have been fears that UK inflation continues to rise.This resulted in more than £25bn being wiped from the value of […]


News and expert analysis straight to your inbox

Sign up