Name: Jon KingAge: 43 Company: Hodge Equity Release. Job title: Managing director. Where do you live? Cardiff. Describe your current job: I am responsible for the operation of the firm and ensure I remain close to our sales team which develops relationships with financial advisers. What was your first job? I have fond memories of working on my uncle’s farm during busy times such as lambing, hay-making and milking. There was no pay but the home-made food was exceptional. What was your last job? General manager at Hinton and Wild which specialises in the provision of advice on equity release. This was a great experience, particularly in respect of my present position, as it provided me with an insight into the needs of financial advisers and their clients. What have you done in between? Over the years I have worked for several insurance companies in positions whereby I provided assistance to financial advisers. These firms included National Mutual Life, Clerical Medical and Pearl Assurance. Looking back, all the companies I worked for provided me with experiences that contributed to developing the skills I need to do my present job. What has been the defining point of your career to date? In my early days with Clerical Medical I was mentored by one of the most influential managers I have ever worked with. Some 20 years later, I still make use of the advice he gave me every day. And the most embarrassing? I was presenting a film to a group of IFAs on the financial impact of an early death on a family. Unbeknown to me somebody had switched the tape prior to my presentation for one of somewhat dubious content, which was pretty embarrassing. I’ll leave the details to your imagination. Do you have a mortgage? Yes. A senior executive once said to me: “Your problem is that you don’t have a big enough mortgage.” He was trying to convince me that the larger my mortgage was, the harder I would work. I have found there is some truth in that. What’s your favourite restaurant? The Enterprise in Chelsea. Excellent atmosphere and food despite the disappointing lack of pictures of Mr Spock or Captain Kirk. What’s the most you’ve ever spent on dinner for two? I remember spending 170 in 1987 – those were the days. It was entertaining IFAs in a restaurant called The Boathouse in deepest North Wales. What’s your favourite band? Too many to mention but if I was going to be stranded on a desert island, I would take JJ Cale’s Naturally. I am also a fan of Henry Badowski. What’s your favourite tipple? Real ale and a fine single malt whisky, although preferably not at the same time. Do you have any hobbies and interests? I enjoy hill-walking, preferably with a pint or two of real ale waiting for me in a quiet pub at the end of my journey. Travel is also a big part of my life and my favourite destination is Greece.
A record number of borrowers opted for variable mortgages in July, figures from Mortgages Direct show. In a month when market commentators were divided on whether the Bank of England would raise the base rate, nearly 30% of borrowers opted for variable mortgages in June compared with 26% in May. Commercial illustration Commercial First has […]
It has only been six months since Michael Lord was made head of the Financial Services Authority’s small firms division with responsibility for mortgage arrangers but during that time he has made his presence felt in the industry. He has already made speeches at events such as the Manchester Mortgage Business Expo in May and the Mortgage Strategy Summit in Jerez in June.
New home prices fell last month by 1.6% from 258,581 to 254,374, says SmartNew Homes. com.
The Council of Mortgage Lenders is urging the government to deliver Energy Performance Certificates at the point of completion in the house buying process rather than when a property is marketed. EPCs are cited as one of the main driving forces behind Home Information Packs. Housing minister Yvette Cooper has repeatedly argued that by implementing […]
By Craig Paterson, Underwriting and Claims Philosophy Manager, Royal London Hard-hitting headlines “Dying mother of two is refused life insurance payout.”1 “What a way to treat a dying man: Grandfather refused life insurance claim.”2 “A widow betrayed by a life insurance company.”3 With headlines like these, it’s no wonder some consumers don’t trust providers. Trust […]
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