Riches has worked in the mortgage industry for more than 25 years with specific experience in buy-to-let and commercial mortgages.
Before joining Mortgages for Business he spent eight years as divisional sales manager for Platform and prior to that was a regional manager with Paragon.
He will focus his efforts on helping brokers place deals for their professional landlord clients, in particular he will assist with limited company applications, multi-units and HMOs.
David Whittaker, managing director of Mortgages for Business, said: “Keystone Buy to Let Mortgages is an exclusive mortgage product range for professional landlords and property investors with decent sized portfolios, and given the importance of the private rental sector as a safety net to the housing market, we are committed to supporting brokers and intermediaries in providing the right products to their clients. Phil’s experience in the sector will help us strengthen our position and achieve our goals.”
Riches said: “I look forward to working at Mortgages for Business, recognised as leaders in the buy-to-let mortgage sector for the unmatched service they offer and to be part of this award winning team.”
