Current CEO of Belmont Green, David Tweedy, will be leaving the business once he has completed the handover and Guy Batchelor is stepping down from the managing director mortgages role at Vida Homeloans. Both were founding members of the business.
Anth Mooney brings deep experience in the mortgage and savings market as well as more broadly in the financial services industry. He was formerly director of financial services at Virgin Money, retail banking director at Northern Rock, managing director of Thomas Cook Money, and, most recently CEO of Caversham Finance.
Mooney commented: “I’m excited by the opportunity to work with the senior team to deliver the next stage of Belmont Green’s journey and the further development of Vida’s intermediary-focused lending proposition.
“David has given us a great platform to build from, and I am delighted to be taking the reins for the next stage of its development.”
Vida Homeloans
Louisa Sedgwick has been director of sales at Vida since its launch in 2016 and is well known in the mortgage industry, having recently become the first female chair of the Intermediary Mortgage Lenders Association.
She said: “In just three years Vida has successfully completed £1.8 billion of mortgage lending, and it is an amazing time to take on the managing director mortgages role as we continue to grow the business. I am looking forward to working with Anth and the rest of the team to take Vida to the next level.”
Chairman’s comment
Steve Haggerty, chairman of Belmont Green, commented: “I would like to take this opportunity to thank David and Guy for leading us through the first chapter of Belmont Green’s existence and for building Vida Homeloans, a mortgage lender that is known and respected throughout the industry.
“I also know that Anth’s experience and expertise are the right combination to take us on to the next stage of our development and that Louisa’s promotion will mean continuity and consistency for Vida’s important intermediary partners.”
Non-executive director appointments
Belmont Green recently strengthened its board by appointing Carol Sergeant CBE, former chief risk officer of Lloyds Banking Group, and Robin Churchouse, former finance director of Yorkshire Building Society, as non-executive director.
Belmont Green and Vida
Vida Homeloans is a specialist mortgage lender for residential and buy-to-let customers. It has 12,000 registered intermediaries, 9,000 customers and £1.8 billion in mortgage completions since launch in October 2016.
Its parent company, Belmont Green Finance, has established a programme of publicly-rated funding warehouses. It has also created a programme issuance of public securitisations known as Tower Bridge Funding to extend its presence into the public securitisation markets over the medium to long term.
Since it launched just over three years ago Belmont Green has securitised £1.54 billion of buy-to-let and specialist owner-occupied loans.
