MPowered appoints Peter Stimson as managing director of mortgages

MPowered Mortgages has appointed Peter Stimson as managing director of mortgages.

Peter was previously head of product at the firm where he played a pivotal role in shaping MPowered’s product strategy and customer offering.

With more than two decades of experience in the mortgage industry, Peter has spent his career working for, and in partnership with, several UK mortgage lenders.

In his new role, Peter will lead MPowered’s mortgage proposition and operational delivery, overseeing the growth of both its broker-facing business and its technology-driven proposition.

Stuart Cheetham, CEO at MPowered Mortgages, commented: “Peter has been instrumental to the growth and influence of MPowered as a mainstream residential mortgage lender. His understanding of lenders’ challenges – and how to solve them through technology and smarter product design – makes him the ideal person to lead our mortgage business into its next phase of growth.”

Peter Stimson said: “It’s an exciting time for MPowered. Our ‘One Day Mortgage’ proposition has redefined what we can achieve in mortgage lending which is fast and seamless mortgage journeys, and I’m thrilled to lead the charge as we continue to make homebuying faster, simpler and smarter for brokers and borrowers alike.”