View more on these topics

Peter Parsons joins One Trust Mortgages

Peter Parsons, ex-managing director of Majestic, has joined Essex-based One Trust Mortgages as marketing manager.

Packager Majestic Mortgage Services ceased trading in January amid claims the company had run up more than 500,000 in debts.

But Parsons says: “I didn’t do anything wrong and any outstanding business is being wrapped up in the courts.”

Parsons started work at One Trust Mortgages three months ago and says the company plans to expand in the next few years. It may take the business-to-business route.

One Trust Mortgages specialises in remortgaging, Right to Buy, buy-to-let and secured loans. It says it helps those with bad credit, CCJs and arrears.

After finishing at Majestic, Parsons joined mortgage broker and packager Diamond Lifestyle where he worked for three months along with current managing director of One Trust Mortgages Ross Deacon.

Parson says: “When Ross asked me to join the new company it was too good an opportunity to turn down.”

Mortgage Strategy has been sent an anonymous letter signed by The Justice League of Mortgage Brokers. It says: “We have spent the past 12 months tracking him down, although you won’t find him listed anywhere. With good reason as well seeing he owned so much money to creditors, brokers and to two well known mortgage lenders.”

The letter says the league wants to make people aware Parsons is back in business.

However, Parson stresses he is merely an employee of One Trust and in no way are the two companies related.

Recommended

Brokers could win 250 for their HIP feedback

Intermediaries could win themselves 250 by offering feedback on Home Information Packs for Pink Home Loans’ eighth Pink 1000 Index Survey. The survey runs from November 24 to December 2 and intermediaries taking part in the survey will automatically be entered into a prize draw to win 250 worth of vouchers of their choice. The […]

Yorkshire offers season ticket with mortgage deal

Yorkshire is offering Huddersfield Town fans a mortgage deal that comes with free season ticket and signed shirt. From Saturday, November 26, supporters who are either looking to move home or just move their mortgage can take home next years season ticket and a Terriers shirt, signed by their favourite player. The offer is open […]

Fab Four may be in the dog house over HBO contracts

The four directors who resigned from Chester-based lender The Mortgage Business earlier this year are believed to have been carpeted by HBOS for breaching solicitation agreements in their employment contracts. Former TMB managing director Bill Dudgeon, sales director Mark Bergin and fellow TMB directors David Parry and Paul Graham quit in September to spearhead the […]

Kensington added to Advantage’s branded panel

Advantage Home Loans has added Kensington Mortgages to its branded panel.Kensington is the sixth lender to come on board with the launch of the K600 range.Exclusive highlights include free valuations, to a maximum property value of 500,000, cash back on all schemes and additional on-line premiums for enquiries made through e:valuate. Kate Huet, marketing director […]

How to cut mortgage fraud risk

Recent figures from Financial Fraud Action UK revealed a financial scam was committed, on average, every 15 seconds during the first six months of 2016, says Roy Armitage, head of credit at Lendinvest. That represents a 53 per cent rise year-on-year, with these scams coming in all shapes and sizes. Furthermore, a staggering 56 per cent of […]

Newsletter

News and expert analysis straight to your inbox

Sign up