HoC adds Advantage

With effect from 19 February, Advantage’s ADV range of non-conforming products will be available to Home of Choice members.

Mal McConechy, mortgage director at Home of Choice, said: “Advantage is an innovative new lender and has already made waves in the market. It is known for developing innovative products in conjunction with brokers and is an ideal partner for Home of Choice.”

FSA appoints head of mortgages and credit unions

Mandy Spink has been appointed head of mortgages and credit unions in the small firms division of the Financial Services Authority.

Spink replaces Michael Lord who has been appointed head of the retail management support unit.

Spink currently leads the retail intermediaries sector team, which has responsibility for identifying emerging retail trends and risks in mortgage, general insurance and financial advice firms.