London Money appoints new head of underwriting

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Andy Marsh, former Underwriting Manager at Freedom Finance, has joined London Money Loans as their new Head of Underwriting.

Marsh has over 20 years’ experience in both the first and second charge mortgage sector and will bring a wide range of skills and contacts to his new position.

Martin Stewart, pictured, commented:

“We are delighted that someone of Andy’s stature and knowledge has agreed to join London Money Loans.

He is extremely well qualified in all aspects of the market and as such is an ideal addition to the team to help compliment the expansion plans that lay ahead. We see Andy as a new breed type of hybrid Underwriter. One who can cross the threshold between first and second charges and operate comfortably and confidently in either.”

Andy Marsh said:

“The vision given to me by London Money Loans is refreshing, open and innovative. I look forward to helping build the brand in to Scott and Martin’s vison – that of an industry leading Master Broker.”

LML spoke extensively with lenders and brokers in their due diligence process and overwhelmingly the feedback was that the recruitment of Marsh would be seen as a game changer for the brand.

Stewart continued:

“There is no better accolade for an underwriter than the lenders saying Andy is one of the best in the business. We could not be happier that he not only shares our vison for the company but also our vision for the second charge industry as a whole “