Roving underwriter for Prestige

Published on

distribution

Prestige Finance has appointed Janet Frame as a roving underwriter.

The secured loan lender, which is part of OneSavings Bank (OSB), believes that with the growing demand for its latest product offering, the deployment of individuals who could assess cases onsite at the introducers’ offices is a concept supported by introducers as a real step forward in helping them to correctly present cases for underwriting.

Frame worked for HFS Loans from 2001 to 2006 as a lending manager and then for GE Money Home Lending as a business development manager. More recently, she has undertaken contract work for Lloyds TSB, Santander and Aldermore.

Simon Stern, director of Prestige Finance, said: “Janet has the experience of both the face to face role with intermediaries and real hands on work as an underwriter built up over many years. Her role is an advisory one and, while she will not be mandated, she has the vital experience necessary to assess cases, advise on packaging requirements and train broker staff when required.

“She will be working very closely with the New Business team in Bushey so she can talk through more complex cases with colleagues directly.

“Janet will start working with our introducer partners in the North of England, Midlands and Wales and if, as we expect, the trial is a success, we are planning to appoint more experienced personnel to what we believe is a very crucial role in bridging any gaps between ourselves and our introducers so that business flows remain strong and communication is kept at a high level.”

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

Gen H and Just Mortgages tool to help shared ownership borrowers move to full ownership

Just Mortgages and Gen H have introduced a new calculator designed to help shared...

Advice boosts women’s confidence in long-term financial planning

Women are more likely to manage household finances than longer-term wealth decisions, although financial...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated...

Mortgage rates have surged since Brexit vote, says L&C

The cost of borrowing has risen sharply in the decade since the UK voted...

Accord trims rates across residential and buy-to-let ranges

Accord Mortgages is reducing rates across its residential and buy-to-let product ranges for the...

Latest publication

Other news

Gen H and Just Mortgages tool to help shared ownership borrowers move to full ownership

Just Mortgages and Gen H have introduced a new calculator designed to help shared...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of...

Advice boosts women’s confidence in long-term financial planning

Women are more likely to manage household finances than longer-term wealth decisions, although financial...