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Crystal appoints new Head of Bridging Finance

Crystal Specialist Finance has appointed Harriet Smith (pictured) as head of bridging finance. Smith joins from Masthaven Bank where she previously held the position of business development manager and worked across bridging, development and mortgages. Prior to this Smith spent nearly eight years at Borro Private Finance. The responsibilities of the new role include delivering future growth targets and contributing to the ongoing education programme of brokers through meetings, seminars and webinars. Smith comments: “The bridging market in the UK continues to perform well, and Crystal has a well-established position in the sector. “I am looking forward to building on the foundations they have laid and working closely with both brokers and lenders.” Managing director Jo Breeden adds: “Harriet needs no introduction, her knowledge, calibre…

IT solutions reinforce record breaking year For Crystal Specialist Finance

A successful rollout of market-leading IT solutions has resulted in higher completions and reinforced another record year for Crystal Specialist Finance. Throughout 2018 the business issued terms of £2.33bn from 87 high street and specialist lenders and completed with 53, against 59 and 46 respectively in 2017. Completions saw the biggest increase across key performance indicators, with completion value up 40% and applications reaching drawdown up 18%. Overall application numbers were up 8% against 2017. Acknowledged as one of the UK’s leading specialist finance distributors, the multi-award winning company puts the record year down to a greater integration of IT solutions with both brokers and lenders. Jo Breeden, Managing Director of Crystal Specialist Finance, said: “Through the use of intuitive IT we are able to...

Crystal appoints new Head of Second Charge Lending

CRYSTAL SPECIALIST FINANCE PLANNING FOR FURTHER GROWTH WITH SENIOR SECOND CHARGE LENDING APPOINTMENT   Crystal Specialist Finance (CSF) has appointed Frances Winstanley as its new Head of Second Charge Lending. One of the business’s five core specialist divisions, the team has seen a large increase in activity over the last 12 months due to the macro-economic environment whereby purchase transactions are down across the industry, while remortgages and product transfers are steadily increasing. Winstanley, whose role will be to continue to develop and grow the division, joins from A-Plan Insurance where she held the position of Senior Account Executive, before which she worked for Ocean Finance & Mortgages. She will report directly to Jo Breeden, Managing Director of CSF, who said: “Second charge lending is...
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