Yorkshire Building Society has reorganised its homes division, with Accord Mortgages’ Jeremy Duncombe set to retire to consider portfolio opportunities once the transition is complete.

The new division brings together residential, buy-to-let (BTL) and commercial lending under a simpler operating model.

As part of the changes, the society is creating a new director of distribution role, responsible for strategic partnerships and all broker relationships via Accord Mortgages and YBS Commercial Mortgages, as well as Direct advised customers.

They will work alongside dedicated senior leaders for residential, BTL and commercial lending.

Angela Norman will continue to lead commercial lending.

Once the transition is complete, Accord Mortgages managing director Duncombe will will retire to consider portfolio opportunities after a career spanning almost 40 years.

YBS managing director of homes Tom Simpson, who will lead the homes division, says: “During his eight years as Managing Director, Jeremy has taken Accord from strength to strength and been a passionate advocate for the broker community. I thank him for his commitment, leadership and dedication to the Society and the intermediary sector.”

Duncombe adds: “It’s been a real privilege to lead Accord and work with so many talented and dedicated colleagues, fantastic brokers and strategic partners. These changes will further enhance how we support the intermediary market and I’m pleased to help a transition that positions Accord strongly for the future.”