View more on these topics

Paragon’s sales chief to retire after 23 years at the lender

Andrew Lees, head of sales at Paragon Mortgages, is to retire next month after 23 years at the firm.

Lees says his portfolio of clients will be looked after by Moray Hulme, deputy head of sales, following his departure.

John Heron, managing director of Paragon, says Lees has spent most of his career at Paragon and has made an outstanding contribution to the development of its mortgage business.

Heron says: “He is well known in the industry and respected for his experience and expertise as well as his quiet, unassuming manner.

“I know that his friends within Paragon and in the mortgage market are wishing him the best in retirement.”

Recommended

Bob Young

End-to-end approach will keep arrears low

At the end of last year, the Association of Residential Lettings Agents speculated that 2012 was likely to see arrears and repossessions rising in the private rental sector, mainly due to a predicted hike in unemployment.

Government presses ahead on MIG

The government says it is on track to launch its mortgage indemnity guarantee scheme in March despite claims that the proposed start date is unrealistic. Last week Nigel Stockton, financial services director at Countrywide, said lenders are still awaiting the finer details of the scheme and therefore the first mortgages under the initiative are unlikely […]

Ray Boulger

BDM cuts spark fears over NatWest lending

NatWest Intermediary Solutions’ decision to slash its field-based BDM team by half has raised concerns that it is planning to reduce the amount of lending it does via brokers. The Royal Bank of Scotland’s intermediary arm is cutting its field BDMs from 40 to 19, as well as reducing its sales managers from four to […]

Newsletter

News and expert analysis straight to your inbox

Sign up