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UKValuations appoints Nigel Tobin as CEO

Automated valuations provider UKValuation has today appointed Nigel Tobin as its CEO.

Tobin has for the last three years held senior management positions at Countrywide Financial Corporation, of which UKValuation is a subsidiary, and also holds the position of CEO at Global Home Loans, Countrywides mortgage processing business.

He joined Countrywide from Barclays, having served as a senior executive in its mortgage business & Woolwichs Open Plan services. Nigel has also held senior positions at HSBC and Lloyds Bank in a financial services career which spans some 30 years.

A number of key management changes have taken place at UKValuation in addition to Tobins appointment, notably the interim appointment of Steve Bowering as client relationship director.

Tobin and Bowering will jointly oversee UKValuation’s plans to expand its service offering, as its new and improved valuation models are rolled out at the beginning of July.

Graeme Winser, formerly CEO of UKValuation and Guy Weightman, formerly sales director of UKValuation, recently resigned from UKValuation.


Swift appoints BDM

Swift Group, the Brentwood based sub-prime specialist lender, has appointed James Briggs as business development manager for the North West. The appointment brings Swifts sales team headcount to six and continues the strategy of strengthening the sales function which started over twelve months ago. This has contributed to the 73% increase in Swifts new lending […]

SPML offers refund of one months mortgage payment

Southern Pacific Mortgage Limited has launched a six week special offer on all of its products, in which new applicants will be able to qualify for a refund of one months mortgage payment. The offer is only applicable to applications received by SPML between June 5 and July 17 2006 which complete on or before […]

L&E appoints head of client management

London & European has appointed Graham Clark as head of client management.A specialist in mortgage sales and processing, Clark joins L&E from Barclays where he held the role of head of originations processes. Prior to that, he spent six years in Global Home Loans working in various planning and performance management roles before taking responsibility […]

Mortgage Next launches shared ownership mortgage

Mortgage next has launched a shared ownership discount mortgage funded by the Ipswich available via members of the Mortgage Next Network and directly authorised brokers registered with Mortgage Next Partners.The shared ownership mortgage consists of a discount of 0.75% off the standard variable rate for three years from completion.The mortgage comes with an early redemption […]

HMRC helping to remove artificial gains

An investment bond offers investors certain tax advantages, one of which is the ability to take partial surrenders from the investment. This facility allows the policyholder to withdraw amounts up to 5% of the amount invested each policy year on a tax deferred basis, without incurring any immediate tax liability. This tax deferred allowance can […]


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