View more on these topics

Mortgages PLC appoints new head of credit

Mortgages PLC has announced the appointment of Jim McCallum as head of credit.

McCallum has been with Mortgages PLC for two and a half years, where he has been acting head of credit for the last eight months. Prior to this he worked for 34 years at the Royal Bank of Scotland where, for 23 years, he had responsibility for various aspects of credit &#45 ranging from personal and small to medium business credit through to large corporate relationships.

He was also responsible for corporate leasing and hire purchase as well as formulating credit policy. McCallum is based in Mortgages plc&#39s Glasgow Operations Centre.

He replaces Guy Todd who left to join Infinity Mortgages last year.

Trevor Pothecary, group chief executive at Mortgages PLC, says: &#34Jim has many years&#39 experience as a senior cedit manager and I am delighted to be able to make his position permanent as head of credit at Mortgages PLC.&#34


Lib Dem calls on lenders to set fresh guidelines on debt

Liberal Democrat shadow chancellor Vince Cable has called on British banks and money lending institutions to set fresh guidelines for acceptable levels of debt. Speaking at the British Bankers&#39 Association annual responsible lending conference, Cable urged the banking industry not to be complacent about rising levels of consumer debt. He says: “It cannot be avoided […]

Select & Protect appoints marketing assistant

Select & Protect has appointed Gavin Dobson as marketing assistant. Dobson was previously at Solutions Ltd where he was undertaking a similar role. Simon Hood, chief executive of Select & Protect, says: “I am delighted that Gavin has joined us. Whilst new to the financial services sector, he has a number of years experience in […]

Get to know your PIFs and SIPPs

With consumers becoming aware that their pensions may not cover them in their old age, property investment is increasingly edging towards the forefront of people&#39s retirement planning. While buy-to-let is the obvious solution, more schemes are being introduced into the market, spurring people to see property as a way of saving for pensions. As our […]

TMB to launch online mortgage processing service

The Mortgage Business is launching an online mortgage processing service for intermediaries – TMB Interactive.  TMB says the system will speed up the whole mortgage process.  It will help intermediaries and packagers process cases more quickly and, in most cases, will give an instant online decision with an immediate agreement in principle. The fast-track system is […]


News and expert analysis straight to your inbox

Sign up