Jupp, formally managing director of Personal Touch Packaging, joined Savills in September 2008 to launch SLS.
A few days later the whole world was shaken with Lehman Brothers bankruptcy and the specialist mortgage world hasn’t been the same since.
Despite that, Jupp and his SLS team have worked closely with a number of new market entrants.
He also appears to have covertly galvanized support amongst the traditionally belligerent packaging sector with his calls for an industry wide code of conduct.
The first sign of trouble came in December 2009, when after the loss of funding from Beacon, SLS made a number of redundancies.
It’s widely thought that in the absence of any further first charge lender Savills have called time on the business.
Jupp is a passionate advocate of the intermediary market and this latest setback is unlikely to keep him down for long. One industry insider said: “Jupp has done a fantastic job at SLS in an almost impossible environment and is still seen as one of the brightest talents in the whole mortgage market. The specialist sector needs people like Jupp is it has got any chance of recovery.”
Jupp was unavailable for comment.
