Just Mortgages has appointed four new divisional sales directors. Emily Fox and Sharman Apps are joining the team, bringing a wealth of experience from roles across financial services. Fox, who has worked at NatWest, Sharman Quinney and the wider Connells Group, joins the Taurus chapter to support estates brokers in the M1 region, alongside Duncan Jones. Apps joins Andrew Lake to work with brokers in the Kent regions, which is part of the Orion chapter. He brings 15 years’ experience in financial services to the role, having worked at Santander, Embrace Financial Services and Mortgage First. Nicole Cox and Adam Davis also join the team, with Cox supporting Norfolk-based brokers and Davis helping brokers with new build and shared ownership cases.

Hanley Economic Building Society (HEBS) has announced three major criteria changes to its lending policy. The changes have been made following intermediary feedback, leading to the society reducing its credit window for defaults and CCJ’s from six to three years. This means that most credit impairments will be ignored if they are over three years old, although cases will be assessed on an individual basis. HEBS will also now accept agency workers, who will be treated in the same manner as zero-hour contract workers and the NHS staff bank. Applicants must have been continuously employed for at least 12 months with the same agency and have a contract of employment in place. In addition, lending on flats with cladding is now accepted if the property has been constructed post-January 2020.

Selina Finance will now allow loans for be funded without receiving first charge consent as a pre-condition. The new pre-consent funding feature is designed to expedite this time taken to fund loans and is part of a series of changes the lender has made over the last year to improve speed. Brokers can now assist their clients in accessing funding even faster through Selina by up to two weeks, speeding up the completion of time sensitive cases. The new feature is available on loans up to £100,000 where the first charge loan is with one of a list of major banks, which includes Halifax, NatWest and Santander. The service is available on status zero plans only, where the credit file is date within the last 30 days.

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