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Do you expect to see less or more second charge mortgage lenders in 2018?

Central Trust recruits regulatory consultant to board

Board welcomes new appointment

Central Trust has announced the appointment of a regulatory consultant to its board of directors.

Jane McMahon has joined the second charge mortgage lender as a regulatory consultant after spending time with Investec and John Charcol.

As well as Central Trust, Jane has also been appointed as regulatory consultant for Central Trust Syndicate Number One Limited, Central Loans Limited, Commercial Trust Limited and UK Credit Limited.

Debbie Burton, chief executive of Central Trust, said it had taken the decision to appoint Jane as it looked to strengthen its board.

“Jane is a highly respected senior industry professional who has extensive experience of operating at board level.

“Jane brings with her significant regulatory and compliance knowledge having previously held senior compliance positions at both Investec and John Charcol.

“The appointment further cements Central Trust’s desire to grow the business and achieve its aspirations.”

Jane’s appointment comes after Central Trust recruited ex-Nemo manager Chris Waind in June as it looked to bring new products to the market.

Chris joined fellow former Nemo employee Shane Tibbitts at the second charge mortgage lender.

Shane arrived following Nemo’s exit from the market and became Central Trust’s head of partnerships in April.

Last year, Central Trust completely refreshed its entire second charge product range as well as extending its offering to Northern Ireland, where it is one of only a few mainstream lenders.

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