Bluestone Mortgages has appointed its former director of sales and marketing Steve Seal as its new managing director.

Seal joined the lender in 2017 and possesses 24 years of financial services experience.

Since joining the organisation, the newly appointed managing director has been instrumental in developing the firm’s mortgage proposition and positioning the business as a leading player in the specialist lending market.

As Managing Director, Steve will be responsible for driving Bluestone’s ambitious growth plans, enhancing the service it provides to its intermediary partners, and overseeing additional investment in Bluestone’s proprietary loan workflow technology platform, as well as the day-to-day management of the business.

Prior to joining Bluestone, Seal was the head of sales at OneSavings Bank’s Kent Reliance business and also held positions at Virgin Money, Chelsea Building Society, Barclays and Lloyds Banking Group.

Commenting on the appointment, Bluestone Group chief executive Peter McGuinness said: “Steve was selected for the role after a thorough search process and is a natural for the appointment. Since joining Bluestone, Steve has demonstrated impressive leadership in driving the sales and marketing strategies for Bluestone, and with his obvious passion for a service and relationship led proposition, I am confident Steve is very well placed to excel in tackling the wider opportunity presented by his new role.”

Seal added: “I’m excited to be leading Bluestone Mortgages as we continue into our next stage of company growth. Recent developments within our proposition such as Open Banking and extending our fee-free remortgage product to cater for adverse credit customers means we are in good stead to propel the business forward and keep on top of the constantly evolving specialist lending market.

"These are incredibly exciting times in Bluestone’s development and I’m looking forward to being at the helm.”

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