GE Money Home Lending expands second mortgage team

GE Money Home Lending has significantly expanded its second mortgage sales force.

The internal developments and re-structuring will take effect immediately and as a result, every one of GEs second charge brokers will now have a dedicated national account manager, or in the case of smaller brokers, a national sales manager as well as a business development manager.

As part of the key changes, two additional national account managers, Julie Stowell and Simon Burnell, will join Paul McGerrigan, Chris Bennett and Ronan McCaughley to create a five-strong committed team.

Stowell and Burnell both have extensive experience of the second mortgage market, Stowell from her time at First Plus and Burnell from his roles with both First National and igroup.

Pete Russell also joins as a national sales manager from the customer sales team. He previously worked in sales for HFC and also worked in a processing role with second mortgages for First National.

Three business development managers will report into the strengthened second mortgage sales force team. Two roles are still being recruited for.

Julian Nutley, second mortgage director at GE Money Home Lending, says: “For GE Money, the key to success in the second charge loan market (worth an estimated 6bn) is to focus on long term vision rather than simply aim for short term gain.

“We are constantly working on new ways to develop our levels of service to intermediary partners. By listening to them, we aim to develop our processes and operations in order to provide services and solutions that match their needs.

“The strengthened team is part of our continued long term commitment to this market. We will now offer our intermediaries even greater support, and will continue to improve the speed and efficiency with which we work.”