Accord adds to team

Formerly head of product development at Preferred Mortgages, Cate has considerable experience in the mortgage industry with indepth knowledge of the sub-prime market.

Heading up all of Accord's product activities, Cate's first priority will be to review Accord's Credit Repair proposition to further enhance Accord's position in the nonconforming market as a competitive and innovative lender.

Mark Underhill, Commercial Director commented: We're delighted that Cate has joined us. We've made a good start with our Credit Repair proposition this year. Cate's appointment shows ourcommitment to building on this success and achieving our challenging targets in 2007.