Mortgage plc expands corporate development team

Mortgages plc, the UK residential lender and wholly owned subsidiary of Merrill Lynch, has expanded its corporate development team through a number of internal promotions.

The corporate development team is part of the sales function and focuses on networks, mortgage clubs and intermediary direct relationships.

The team is headed up by Paul Fryers, head of corporate development, and operates over the telephone and on a regional basis.

The telephone-based intermediary sales centre in Glasgow deals with incoming and outbound calls from and to intermediaries.

It also manages sales enquiries in relation to Mortgages plcs On Demand online system.

The team is run day-to-day by James Conroy and Amanda Houston, both of whom are ISC Managers and report to Fryers.

Houston was recently promoted to this role, while Conroy was responsible for the original setting up of the original ISC team in Glasgow nearly five years ago.

The regional team is made up of three partnership managers who are responsible for relationships with networks and mortgage clubs on a corporate and intermediary level.

They work closely with the regional sales team to help develop Mortgages plcs business relationships with these firms.

Angie Horley covers the North, with Jonathan Barrett responsible for the South-West and West Midlands.

Both were promoted from the regional sales team where they held area manager roles. The East Midlands and South-East role is currently vacant.

Fryers says: The spectacular growth of Mortgages plcs business volumes this year coupled with an increased focus in the market on intermediary direct, network and club business means this team has a key role to play at Mortgages plc.

Our recent expansion into the buy-to-let market has opened up even more opportunities for us and we will be aiming to build and maintain relationships with all the key players in the market.

Pete Thomson, sales director at Mortgages plc, adds: Im particularly pleased to see that this team has been expanded primarily via internal promotions.

We place a huge emphasis on training and development in our sales team and these individuals are now reaping the benefit.