"My experience so far in the mortgage market has given me a great insight into why we so badly need these products, and how they can provide genuine security and comfort to everyone involved."
- James Pagan
Longer-term lender April Mortgages has appointed James Pagan as director of product and portfolio management.
April's fixed rates are available across 5-15 year terms up to 95% LTV.
The borrower’s interest rate will decrease as they drop into a lower LTV band, whether through repaying the mortgage or house price growth.
James has significant experience of successfully building and managing mortgage propositions. He joins the lender from Nationwide, where he was head of mortgages and also worked as head of strategy and implementation for the Society's Consumer Duty Change Programme.
James Pagan commented: “I’m thrilled to be heading up product development at April Mortgages, and continuing to build awareness of the benefits that certainty and flexibility can deliver to mortgage advisers and borrowers. My experience so far in the mortgage market has given me a great insight into why we so badly need these products, and how they can provide genuine security and comfort to everyone involved. For too long it has been difficult for borrowers to benefit from longer term fixed rates in the UK, but we are determined to change that.”
Mark Eaton, chief commercial officer at April Mortgages, added: “April Mortgages is committed to its mission of offering an alternative to the frenetic, stressful experience of short-term fixed rates, for both borrowers and mortgage advisers. James has been an integral part of April Mortgages’ journey thus far, and his experience means we will continue to be at the forefront of genuine product innovation as we deliver longer-term fixed rates that will shake up the mortgage market.”
