Alt FS director of distribution Terry Pritchard has resigned from the firm, blaming the commute into London every day.
Money Marketing revealed Pritchard, who initially held the role of managing director before taking on the role of director of distribution, had set up the firm in October last year.
Pritchard, who lives in Arundle, says he is considering a number of offers but is yet to make a decision. He also said he is looking at creating a bridging proposition and an international home reversion product.
He says: “I was fed up with going into London ever day so I resigned.”