16 September 2004

PHL & Verso announce new combined sales force

Platform Home Loans and Verso, the award winning mortgage lenders, have combined sales forces to complete the first stage of the merger between the two companies. Each individual salesperson in the newly combined sales team will be able to sell the complete range of mortgages from both Platform & Verso.

The new salesforce will be on the road from 9th September promoting non-conforming as well as niche products such as self-certification and buy-to-let. All applications will continue to be processed through either the Leek office (Verso applications) or the Docklands office (Platform applications).

The restructure has seen several Platform and Verso staff appointed into key senior positions. Jeremy Duncombe, Head of Sales at Platform, will manage the new sales force and assisting him will be Andy Valvona, Key Relationship Manager and Regional Managers, Richard Beardshaw, Jason Berry and Phil Riches. There are also 15 Business Development Managers covering England, Northern Ireland, & Scotland & Wales who will manage smaller areas, enabling them to provide an even more dedicated service to their intermediaries.

Plans to merge the two subsidiaries of Britannia Building Society were announced in July following Britannia's launch of Verso in 1998 and the acquisition of Platform in 2001. The new company, which has yet to be named, will provide intermediaries with a one-stop shop offering mortgages to meet virtually all their customers' needs and will relaunch in early 2003.

Guy Batchelor, Sales and Marketing Director commented:

"It is very much business as usual with each individual salesperson being able to promote a greater choice of mortgage products ranging from buy-to let to non-conforming mortgages. We now believe that we have the strongest intermediary sales team which will achieve the best results for our intermediary customers and the business alike, and will take the new company forward as we begin to develop and grow."

 

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