Buildstore appoints head of mortgage distribution

Smith joined PMI Europe almost two years ago following the closure of Verso which was merged with Platform. Smith was involved with the creation and launch of Verso and headed the Sales, Product Development and Call Centre functions.

Smith, who has over 25 years experience in the lending industry, said he was delighted to be getting back into familiar territory and was looking forward to being part of the Buildstore team. “My time with PMI was useful” said Smith. “I now have a greater understanding of risk than I ever had and, bearing in mind the regulation of mortgages, the enphasis on affordability and the Basel 2 implications for lenders on the horizon, that’s not a bad skill to have when you are responsible for mortgage sales and distribution”.

“My brief and my aim is to ensure the Buildstore brand is well represented both with Partner Lenders and the various Broker distribution channels. I really can’t wait to get stuck in!!