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Coventry unveils Godiva

Coventry Building Society is to launch an intermediary lender focusing on the specialist mortgage market.

Godiva Mortgages will launch on March 22, with Colin Franklin, head of sales for Coventry Building Society, appointed as managing director of the new subsidiary.

Godiva Mortgages will offer a range of products for the credit impaired, self-cert, buy-to-let and 100%-plus loan to value markets. The Coventry says the launch of Godiva Mortgages will enable it to focus on the intermediary market and allow further scope for growth.

David Stewart, chief executive of Coventry Building Society, says: “We know that intermediaries are keen to transact a wider range of mortgages with us.”


Bridgewater appoints senior actuary

Bridgewater has appointed Paul Barber as senior actuary ahead of home reversion regulations.Barber has more than 20 years experience in the international insurance and reinsurance sectors culminating most recently with a role as actuary for a marketing company operating across Asia. He has worked across the globe, in various actuarial roles at companies including CIGNA, […]

Misguided TV guru wreaks havoc

In half an hour, Martin Lewis has undone years of good work by hard-working brokers in helping advance the case for safe equity release products, says Sue Read

Sims makes a Swift move

Martin Sims has quit his position as head of sales development and project management at Kensington Mortgages to join the Swift Group. He will develop Swift’s sector-specific sales teams.

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Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


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