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Mark Fleet leaves John Charcol

John Charcol chief executive Mark Fleet is set to leave the mortgage broker.

His move comes after joining the firm in September 2017, with the firm saying that he was brought in to “deliver a two-year change program, which has now been completed.”

It adds that Fleet will focus on new ventures.

Chairman Ian Darby is also planning to leave, “to focus on his broader investment portfolio,” with fiancnial advice firm Wren Sterling of particular focus. However, he will retain an interest in the broker and continue to advise Palatine Private Equity, which bought John Charcol in March 2015.

Fleet says: “It has been a privilege to act as custodian for what is still regarded the leading mortgage brokerage in the UK. The team have achieved a huge amount over the past two years and I wish them all the best for the next exciting chapter in Charcol’s long story.”



John Eastgate leaving One Savings Bank for Shawbrook

Shawbrook has appointed John Eastgate as managing director for its commercial mortgage business. Eastgate will join the specialist lender in the summer. He is currently sales and marketing director at One Savings Bank and has been at the lender for more than six years. He will bring nearly 30 years’ experience in financial services having […]


John Charcol directors quit to set up wealth management firm

John Charcol sales director Peter Williams and marketing director Ben Larkin have  left to set up a wealth management firm. The new firm will be called Firmitas Financial Services and will be part of St. James’s Place. Larkin and Williams sold their Southampton call centre operations Simply Finance Group and Simply Loans to John Charcol […]


John Charcol inks advice deal with Upad

John Charcol has signed an advice deal with online letting agent Upad. The partnership will see Upad signpost its landlord community to John Charcol brokers for help. This help will include providing webinars and guides, a dedicated advice line and online access to buy-to-let experts. John Charcol chief commercial officer Alan Young says: “The recent […]

Broker Focus: Gary Das, founder, Active Mortgage

We aim to amplify the voices of all intermediaries, up and down the country. This month we profile Gary Das, founder of Active Mortgage Please sum up your firm in a few sentences Active Mortgage is a brokerage based in Essex specialising in helping self-employed and business owners buy and invest in property. We understand […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.


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