View more on these topics

Chilton takes over at Homeowners

Mark Chilton has been appointed chief executive of Network Data Holding’s lender Homeowners Mortgages.

Chilton has relinquished his role as chief executive of brokerage Purely Mortgages and James Mayne, previously compliance director at Purely, has taken the reins.

Richard Griffiths, chief executive of Network Data Holdings, says: “We are delighted that someone of Chilton’s calibre has decided to join us.

“He has excelled in the broker community and his broader experience can only help drive Homeowners to success.”

Homeowners will distribute via the broker market and is tipped to start lending in May.

Chilton says: “I worked in the lending sector in the 1980s and feel that the market has turned full circle, so I thought it was the right time to get back into it.”

See News: Tailoring deals to fit needs


CML gives its backing to TCF lender website

The Council of Mortgage Lenders has thrown its weight behind The TCF Lender Forum website in a bid to get the industry to embrace the Treating Customers Fairly initiative before next Saturday’s deadline.

Range is targeted at professionals

Bristol & West Mortgages has released a professional mortgage range with an expanded remit to include the likes of military officers.

DB holds less 5% of its own shares

Deutsche Bank has disclosed that it holds less than 5% of its own shares.From March 21, DB shares declined to 4.63% of its issued share capital.Under German regulations, an investor is required to disclose his shareholding in a company if it breaches certain levels, such as 3%, 5%, 10% and 20%.

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


News and expert analysis straight to your inbox

Sign up