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McGeough in amicable split from Advantage

Harry McGeough has resigned his position as head of Northern Ireland and Scotland for Advantage after only three months.

McGeough joined Advantage from Dunfermline on October 2 and was heading teams in Scotland and Northern Ireland in an attempt to bolster Advantage’s service in both countries.

Advantage confirms that it has parted ways with McGeough.

McGeough says: “It was an amicable split. Things just didn’t work out the way we thought they would. It turned out the position at Advantage wasn’t what I was looking for. Right now I am looking at various options.”

Advantage recently launched its Police Service Flexishare Home Ownership Plan, a product designed for police officers who are still in their probationary period. It offers the ability to move the mortgage should officers relocate.

The plan is available with two rate options – a two-year stepped fixed rate of 5.69% in year one and 6.69% in year two and a three-year stepped fixed rate of 5.99% in year one, 6.99% in year two and 7.24% in year three.


Gadhia is latest big name to leave RBS

The Royal Bank of Scotland lost another high profile name in the run-up to Christmas with the resignation of director of consumer finance Jayne-Anne Gadhia.

Heritable Bank joins AMI

Heritable Bank has become an associate member of the Association of Mortgage Intermediaries. Heritable Bank chief executive Mark Sismey-Durrant says: “Supporting AMI’s work on behalf of brokers is important.”

GHL switches sourcing system

Global Home Loans has chosen Home Buyer Systems as its primary mortgage sourcing system, with Trigold and Mortgage Brain losing out.


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