Mortgages  

Aldermore Bank chief takes helm at Imla

Mr Haresnape, managing director for residential mortgages at Aldermore Bank, was voted in unanimously by Imla’s executive committee last week after Mr Finlay was forced to step down following his departure from Barclays.

Mr Haresnape was first appointed as deputy chairman of Imla in 2012 and will serve until the trade body’s annual general meeting in November 2014 when its next board election will take place.

He said: “This is an exciting time for the industry with mortgage brokers increasingly at the heart of delivering quality products and services to consumers.IMLA has a vital role to play in supporting lender/broker relationships, and informing broader efforts to shape a balanced and sustainable mortgage market.”

Article continues after advert

Peter Williams, Imla’s executive director, said the trade body has expansion plans over the next year and was confident Mr Haresnape would continue to recruit new members.

Mike Lawton, managing director of Bristol-based Which? mortgage advisers, said: “This is fantastic news. Charles has a great reputation in the market as someone who is fair, impartial and good at representing both lenders’ and intermediaries’ interests.

“Over the coming year I think he and his team need to see how the mortgage market review beds in and keep an eye on how servicing bears up. If lenders are struggling to process deals as a result of MMR, there needs to be a grace period where they monitor the length of time it takes to get a mortgage through and then respond. The industry needs to work together to make sure that customers don’t suffer as a result.”