Damien Druce joins Castle Trust

Published on

Castle Trust Capital has appointed Damien Druce as national development manager, distribution partners.

He joins from Crystal Specialist Finance where he was head of distribution & development. His position is a newly created role within Castle Trust with the aim of raising its profile with national packagers and other key specialist distributors.

Alex Upton, head of sales at Castle Trust, said: “We can see that the market is becoming increasingly complex as more and more new lenders jostle to find a niche. Strategically, we recognise that specialist distributors will have an increasingly important part to play in helping intermediaries develop the right solutions for their clients. Damien joins the business at an exciting time and has the expertise, experience and knowledge of this dynamic market to bring real success to his new role.

“Damien will play a pivotal role in growing our market share within the packager channel and working collaboratively to implement the Mortgage Credit Directive” continues Upton.

Druce added: “Castle Trust has established itself in an increasingly competitive market because it has something genuinely different to offer – uniquely flexible products. I am really excited about the opportunities that lie ahead. Specialist distributors now provide an essential conduit to both specialist lenders and their products – Castle Trust has an important part to play in this market.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

West One reduces residential mortgage rates by up to 30bps and introduces £1,000 cashback remortgage product

Specialist lender West One Loans has implemented a series of rate reductions across its...

Household credit creeps up as lenders point to more optimism… but at a cost

British households are borrowing more – and lenders are increasingly willing to let them...

Newcastle cuts shared ownership rates by up to 55bps

Newcastle for Intermediaries has announced rate reductions of up to 55 basis point s...

Paragon Bank promotes Tim Sweetman to national account role

Paragon Bank has appointed Tim Sweetman as its new mortgages national account manager, marking...

Other news

West One reduces residential mortgage rates by up to 30bps and introduces £1,000 cashback remortgage product

Specialist lender West One Loans has implemented a series of rate reductions across its...

Household credit creeps up as lenders point to more optimism… but at a cost

British households are borrowing more – and lenders are increasingly willing to let them...

Newcastle cuts shared ownership rates by up to 55bps

Newcastle for Intermediaries has announced rate reductions of up to 55 basis point s...