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David Copland appointed director of mortgage services at LSL

David Copland, chief executive of Pink, has been appointed as director of mortgage services at LSL’s financial services division.

Copland will now have overall responsibility for LSL’s mortgage lender relationships, development of mortgage services across the entire financial services business, mortgage product development and the strategic direction of LSL’s directly authorised distribution.

As Copland moves away from running Pink’s AR distribution, Mark Graves, director of sales at Pink, is to take on the new role of director of the network.

He will take on responsibility for the strategic development of the Pink AR network, the ongoing design and delivery of the Pink AR service proposition and the delivery of profitable growth.

Jon Round, group financial services director at LSL, says: “As a result of the recent acquisitions and strong organic growth, LSL has become one of the largest mortgage distributors in the UK.

“Our strategy of retaining and developing the independent propositions of both First Complete and Pink has been a huge success, and both businesses have seen profitable growth as a result.

“We remain committed to this multi-brand approach but we recognise that as our business continues to grow, we will need a greater level of co-ordination across business functions to ensure we benefit from this larger scale.  

“Both AR and DA distribution are extremely important to us and these changes will ensure that our senior management team are ideally aligned to support the continued growth of our business across every channel.”


NewBuy rates rise barely two months after their launch

Lenders have increased rates on their NewBuy Guarantee products, less than two months after launching them. Under the scheme, which started in March, lenders offer 95% LTV mortgages on new-build properties against a mortgage indemnity guarantee funded jointly by builders and the government up to 9% of the property value. NatWest has increased the rate […]


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