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John Charcol appoints Somerset as COO

John Charcol has appointed Luke Somerset as chief operating officer, with immediate effect.

Somerset has joined the broker to lead the sales, operations and commercial teams based in Southampton and will work closely with the broker’s leadership team.

Somerset began his career at Lehman’s before moving on to head of administration at Contractor Financials. He has also been a board member of the Niche Finance Group.

He says: “John Charcol has real potential for significant growth so I am very much looking forward to making my contribution to its continued success. We have a

leading proposition, a great team and exciting plans which is a massive attraction to joining the business.”

John Charcol newly appointed chief executive Mark Fleet says: “Luke is a great signing for John Charcol and his appointment reflects our growth strategy and our status as the premier mortgage broker within the UK marketplace. His appointment also reinforces our commitment to actively invest in growing our business”.



John Charcol appoints Mark Fleet as chief executive

John Charcol has appointed Mark Fleet as its new chief executive. Fleet was formerly James Hay Partnership chief commercial officer. He has also worked at Skipton Building Society in roles including distribution director. Fleet says: “We have a strong entrepreneurial team, highly respected brand, supportive backers and a significant pipeline of opportunities which means we […]

John Charcol chief executive Simon Knight steps down

John Charcol chief executive Simon Knight has stepped down, Mortgage Strategy can reveal. The firm’s executive chairman, Ian Darby, will head up the brokerage in Knight’s absence. John Charcol spokesman says: “Over the past two years Simon and his team have successfully laid the key foundations necessary for getting John Charcol into shape and […]


Shawbrook Bank agrees to takeover bid

Shawbrook Bank has finally agreed to be acquired, after months of negotiation. The bank was first approached back in March when Marlin Bidco made an offer of £825 million for the specialist lender. Marlin Bidco is a company jointly owned by private equity firms Pollen Street Capital and BC Partners LLP. Earlier this month the […]


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