Vernon BS seeks nationwide expansion with new BDM
Damien joins as the new 'in-the-field' BDM with a remit to grow its national broker network.
Vernon Building Society has appointed Damien Sabbaghe as business development manager, strengthening its intermediary mortgage proposition for brokers across England and Wales.
Damien joins as the new 'in-the-field' BDM with a remit to grow its national broker network. Based in central England, he will enable the Vernon to expand its geographical footprint beyond the North West into the southern belt.
Damien brings 20 years of financial services experience, having started as a mortgage adviser and then spending over 15 years in the intermediary mortgage space, most recently at Coventry Building Society.
Brendan Crowshaw, head of mortgage and savings distribution at Vernon Building Society, said: "Damien joins the Vernon at an exciting time. We have just revitalised our mortgage proposition and have a range of specialist and competitive products for borrowers with unusual or complex circumstances. This gives Damien a really clear pitch to develop new broker relationships with. His decades of experience and existing broker network made him the perfect candidate.”
Damien added: "I said in my interview that in many ways Vernon Building Society is one of the best kept secrets for complex mortgages. I cannot wait to change that by raising awareness and growing the Vernon’s reputation amongst brokers who need a more flexible and individual approach.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC