Breeden takes the reins at Crystal Mortgages

WALSALL-based Crystal Mortgages has promoted Joe Breeden to the position of managing director.

Breeden initially joined the business in 2010 as a corporate finance and strategy consultant, before joining the board full-time in 2011 as operations director. 

During his time, Crystal Mortgages has achieved substantial year-on-year growth and recently announced 2013 as its best financial year in the company’s 35-year trading history with terms issued on £479m worth of applications. The figure is 62% up on 2012 and 94% ahead of 2011.

Breeden replaces Roger Dewsbery, who held the top position under the title of senior underwriter at Crystal Mortgages for more than ten years. He will retain a key board level role within the company. Andrea Dewsbery remains as chairman.

Breeden said: “It is an honour and a privilege to take the reins at Crystal Mortgages at a very important time in the company’s development.

“We have grown at an unparalleled rate since 2010, but the strategic growth goals remain realistic and these will be realised through excellent customer service, reliable and flexible relationships with our partners and the release of sought after products in what remains a tough lending environment.”