View more on these topics

Matthew Wyles joins Castle Trust

Equity loan provider Castle Trust has appointed former Nationwide Building Society group distribution director Matthew Wyles as a senior adviser to its group board.

Wyles, who was chairman of the Council of Mortgage Lenders between 2009 and 2010, left Nationwide in December following a restructure.

He was an executive director of Portman Building Society for eight years before it merged with Nationwide in 2007.

Last month, Money Marketing revealed Castle Trust was looking to launch a new partnership mortgage where borrowers only need a 10 per cent deposit following the Government’s recent Help to Buy plans.

Borrowers with Castle Trust are currently required to provide a 20 per cent deposit in return for a 20 per cent equity loan. They are then able to access rates associated with 60 per cent LTV mortgages.

Castle Trust chief executive Sean Oldfield says: “Equity loans offer huge untapped potential in the UK and Matthew’s energy, experience and focus will be invaluable in helping me drive the business forward.”

London and Country head of communications David Hollingworth says: “Matthew has an extremely strong pedigree in the industry. It will be interesting to see what he can bring to the Castle Trust proposition.”

 

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com