View more on these topics

Jonathan White the latest senior manager to leave Personal Touch Financial Services

Personal Touch Financial Services has lost another member of senior management after it announced the departure of commercial director Jonathan White last week.

In a note to members, the network said the decision was “mutual” and his position would not be replaced.

White had been at PTFS for almost two and a half years. He joined the network in May 2011 from financial services software firm Avelo, where he was head of strategic relationships.

Mortgage Strategy put it to PTFS that White had left two weeks ago, but it is thought the decision had not been finalised.

In the note to members, chief executive Max Wright said: ”I would like to thank Jonathan for the invaluable role he has played in the last couple of years helping to drive cultural change and strengthen our business relationships with providers and lenders.”

White says: “It has always been my intention to leave in the autumn and I have left a fantastic team behind who will continue to do a great job.”

A new position of head of member services and operations has been created, with Dave Edwards taking on the role and leaving his current post as propositions manager.

In March, PTFS’ head of compliance, Stuart Baker, left the firm to become Mortgage Advice Bureau’s compliance director.

The network has suffered a spate of senior management departures over the past year. Former chief executive Doug Crawford and former sales and marketing director Dev Malle left the firm in February and July, respectively, to join conveyancing services provider Myhomemove.

Former regional sales director Martin Igoe and former compliance manager Paul Petrie both left for rival network First Complete in December.

Ex-Personal Touch member and EMBA Group sales and marketing director Mike Fitzgerald says: ”This may be the result of strategic decisions by PTFS but more than likely will be a combination of that and personal decisions by staff to further their careers elsewhere.”



HSBC promises to match or beat rivals as it launches a range of 90% LTV mortgages

Direct-only lender HSBC has launched a range of 90 per cent LTV mortgages and says it will match or beat similar deals offered by other major high-street providers. The offer ends on 3 November and the range aims to match or beat advertised deals offered by rival lenders Barclays, Woolwich, Halifax, Lloyds TSB, Nationwide, NatWest, […]

Leader: Fairer funding for all

Since the downturn first struck six years ago the UK banking sector has been in dire need of two things – funding and competition. Over four years of the Bank base rate at 0.5 per cent, quantitative easing, the Funding for Lending Scheme and now Help to Buy have all helped to ensure that the […]


Time to set the record straight on short-term lending How bored are you of hearing about bridging in relation to two things only? Apparently it is “full of shady practice” and people are forever asking “shouldn’t it be regulated?” My colleagues and I have been in the short-term lending sector for 25 years and I […]

Verso acquires CDS Group assets

Verso Capital, the owner of mortgage data and software company Mortgage 27, has acquired the assets of sourcing system provider CDS Group for an undisclosed sum. Both businesses will form part of a new financial services software division within Verso, which will be headed up by current Mortgage 27 managing director James Tucker and chaired […]


News and expert analysis straight to your inbox

Sign up