In Reference Appointments & Updates Appointments & Updates
all stages of the lifecycle, in addition to delivering operational improvements. Lucile Knight has been appointed as
Chief Strategic Development Officer, joining BFS from global management and business consultancy, Clarasys. Lucile has delivered business and regulatory change and transformation across Banking, Capital Markets, Insurance and Wealth Management. Lucile will oversee BFS’s Strategy & Development, Communications, and Business and Digital Transformation teams. Jonathan Andrew, Global Chief
Executive of Bibby Financial Services, said: “I am delighted to welcome Richard, Lucile and Axel to BFS to help drive the business forward to its next stage of growth across our international markets. “BFS has fantastic people, innovative
products and a solid client base. With our new senior leadership team in place, we want to embrace the fourth industrial revolution and digital collaboration to improve the entire customer journey for new and existing clients, while accelerating the business’s growth trajectory.”
New research from Nucleus Commercial Finance found that an overwhelming majority (96%) of consumers not only support their local independent businesses, but nearly two-thirds (63%) of those have made a conscious effort to do so since the pandemic started earlier this year. The research indicates that the pandemic has had a
significant impact on the attitudes of consumers, with 71% intending to spend more with their local businesses than they did last year, with 14% saying they would spend significantly more. Londoners (78%) were among those who said they would spend more. Chirag Shah, CEO, Nucleus Commercial Finance, said: “It is reassuring
Chirag Shah
to see the pandemic has strengthened support for small and medium sized businesses in towns and communities across the country, and that our SMEs are witnessing this first-hand. “British Businesses have always been resilient throughout, and adapting to
change, and this insight shows that the global pandemic is no different. The current climate is likely to present challenging times for many, so it is vital SMEs explore the many options available to them, finding the finance that fits both their long-term and short-term business needs.”
Foundation Home Loanshas announced it will now accept ‘No-Search Indemnity Insurance’ for purchase and remortgage transactions, with the exception of purchases
Fleet Mortgages has announced the promotion of Steve Cox who becomes its new Chief Commercial Officer. Formerly Distribution Director, Fleet said Mr Cox will
now take on the ‘wider brief’ that comes with this more strategic role, with responsibility for the commercial element of all the lender’s activities. The lender said that Steve has already proved his worth
to the business having helped transform, increase and develop Fleet’s distribution partnerships. He would now operate across the entire business focusing on the strategic and commercial elements required to deliver further growth. Bob Young, Chief Executive Officer at Fleet Mortgages, said: “Steve has been
Steve Cox
absolutely key to our success over the last two years and has helped shape and guide the business through what has often been a very tricky environment. This new Chief Commercial Officer role is testament to the work Steve has carried out, the influence he has at Fleet and the wider mortgage community, and how we intend to move forward. Every decision we make as a lender has a number of elements to it – credit risk, mortgage processing and commercial, and Steve will be responsible for helping us to continually develop the commercial plan for Fleet. To be fair, he has undoubtedly already been doing this for some time and we are very pleased to make this promotion official and to begin the new year with such positive news.”
January 2021
www.CCRMagazine.com
and/or remortgages of HMO and multi-unit block (MUB) properties. Solicitors can place the policy on risk at
completion in lieu of Local Authority and/or other Searches, considerably speeding up the conveyancing process to completion. Foundation said the decision to accept
the insurance was in light of very high demand for Local Authority searches and the increased time it was taking some Local Authorities to return them, due to staffing issues caused by the pandemic, and the increase in purchases taking place boosted by the stamp duty reduced rates deadline. The lender said some borrowers have been waiting for more than 40 days for their search results, which means the process of buying a property has become lengthy for many buyers. George Gee, Commercial Director, said:
“While we cannot guarantee that all existing cases will complete before the end of March next year, what we can do is simplify our processes, redeploy some resources and communicate our requirements effectively, in order to give each case the very best chance of beating the deadline.”
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