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IMLA unveils its 2012 executive board

The Intermediary Mortgage Lenders Association has announced its 2012 executive board following its annual general meeting in London today .

Paragon group director of mortgages John Heron (pictured) has been re-elected chairman for the 2011/2012 year, which runs from December 1 to November 30.

While Home Funding chief executive Tony Ward has been re-elected in the role of deputy chairman.

Peter Williams remains executive director.

New directors include Aldermore Mortgages managing director Charles Haresnape, Northern Rock head of sales Richard Tugwell and Barclays intermediaries managing director David Finlay.

Williams says: “We are proud of IMLA’s unique position as an organisation for lenders run by lenders. All 20 members have a representative at the meetings and can be nominated for the five director positions including the chairman.

“The considerable efforts expended by the directors in these voluntary roles benefit the industry as a whole and the UK housing market, rather than the individual member. With this in mind particular thanks to outgoing directors Alan Cleary and Kevin Purvey for their thoughtful and valued contribution across the year.”

Williams says it has made significant strides this year with members developing a range of new solutions for owner-occupiers, buy-to-let landlords and for those who have experienced some economic hardship.

He adds: “We are proud of what IMLA members have achieved, despite continuing difficulties in the market, they continue to deliver value to consumers and innovation, helping provide access to home-ownership for those who may have struggled to buy and providing landlords with the finance to buy homes for rent for those who cannot or do not wish to buy.

“Looking ahead many challenges remain for IMLA, some confidence has returned to the market but consumers remain very nervous, we are yet to see the output of the MMR and the government’s autumn statement on housing policy, we are also rightly concerned about the EU dimension and the potential the directive has to derail the progress the FSA has made and introduce a new level of uncertainty and cost.”

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