View more on these topics

Shawbrook hires O’Hara as lending manager

Shawbrook Bank has appointed a new lending manager to join its commercial mortgage and loan underwriting division.

Paul O’Hara has over 18 years of experience within financial services, most recently working for almost four years as operations and servicing team manager at Stonehaven UK.

He has also held senior underwriting roles at Platform Home Loans and Barclays Bank.

Shawbrook Bank head of lending operations for commercial mortgages Lisa Crane says: “Shawbrook is delighted to welcome Paul to our lending team and his appointment reflects our ongoing appetite to lend.”

Recommended

Cover_280115

Leader: ‘Pay for what you get’

Proc fees have become one of the most talked-about areas of the mortgage market over the past year, particularly since the MMR was introduced in April. It soon became apparent after the new rules were introduced that the amount of work brokers had to put into each case had risen significantly. This, in turn, led […]

ANDREA ROZARIO

Analysis: Equity release can help pensioners

The pensioner debt index recently produced by the Equity Release Council revealed that unsecured debt among retired homeowners is rising. A 16 per cent annual spike has caused the average indebted homeowner aged over 65 to owe more than £1,500. However, as can be the case with statistics and data analysis, there is more to […]

TSB store front 700 x 450

TSB Intermediary opens distribution

TSB Intermediary has opened up its distribution to nine major distributors and 73 directly authorised firms. The new intermediary arm of TSB Bank has finished piloting its intermediary offering with London & Country and now offers its products through Sesame, Intrinsic, LSL, Legal & General, Connells, PTFS, Mortgage Advice Bureau, Mortgage Intelligence and Tenet. TSB […]

Business-Handshake-Finance-Deal-700.jpg

Tavistock Investments set to acquire Financial Ltd parent

Tavistock Investments is on the brink of acquiring Standard Financial Group, the parent company of network Financial Ltd. The investment firm has entered a ‘conditional contract’ to buy Financial and has raised £2.7m to provide “additional regulatory and working capital for the acquisition”. The network was banned from recruiting new ARs and individual advisers for four-and-a-half […]