Aldermore chief executive of residential mortgages Colin Snowdon has left the lender as it is announced that Connells group mortgage services director Charles Haresnape has joined.
A spokesman for Aldermore says that Snowdon (pictured), who was brought on board to launch Aldermore’s UK mortgage lending arm in the UK in January this year, has left the company “by mutual consent.”
Haresnape has been appointed managing director of residential mortgages at Aldermore. Prior to his role at Connells Haresnape was responsible for intermediary mortgages at NatWest and Royal Bank of Scotland, and for the branch mortgage sales force at NatWest.
Aldermore has also created a new mortgage division headed up by deputy chief executive Mark Stephens.
Charles Haresnape says: “Joining Aldermore is a unique opportunity. As newcomers they are committed to meeting brokers’ demands for better service, with personal contact and the willingness to examine each mortgage application individually.
“Aldermore also has a clear advantage in that they do not have the restrictions on funding that some other lenders currently suffer from.”
Aldermore chief executive Phillip Monks says: “Charles brings with him really valuable experience gained from both sides of the mortgage industry – from leading an intermediaries business and from heading up a major lender’s mortgage business.
“I think that is going to help Aldermore keep a very sharp focus on its customers. I am sure that he will be a major asset as our new mortgages division goes from strength to strength. We have got off to a great start in growing our mortgage business from scratch and we looking forward to Charles and Mark building from that very solid base.”