ProtectionOct 26 2018

Mortgage and protection networks unite under joint MD

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Mortgage and protection networks unite under joint MD

The managing director of the Mortgage Support Network has been appointed to the dual role at sister network HL Partnership.

Shaun Almond will take up the joint managing director role with immediate effect, with the post of managing director at HL Partnership being a newly created position.

A HL Partnership spokesperson said the move marked the increasing collaboration between the two mortgage and protection networks following the purchase of Mortgage Support Network by its parent company Josewin in July 2017.

The two networks already share compliance resources and training facilities in Mortgage Support Network’s Leicester offices.

Chris Tanner, chief executive at HL Partnership, said the move to appoint a joint managing director for both networks was vital to ensure both networks coordinated better, while maintaining their individual identities.

He said: "Shaun has done a brilliant job at Mortgage Support Network and since its purchase has worked tirelessly with me and my team to seek out opportunities where we can cooperate for mutual advantage.

"It was therefore logical for Shaun to step up and take that philosophy to the next level, so that both networks can work even more closely ensuring our separate propositions are tuned for the maximum appeal to potential and existing appointed representatives."

Mr Almond said: "I am delighted to be asked to take on this dual role. Mortgage and protection brokers do not always receive the respect and support they deserve in multi-discipline networks.

"At Mortgage Support Network and HL Partnership, we provide the support that they need to thrive, and the evidence is clear from the excellent results our appointed representatives are producing right across the mortgage spectrum."

rachel.addison@ft.com