A modern approach to age old problems


Traditional banks and building societies are often burdened with costly overheads including expensive branch networks, inflexible technology and huge armies of people. At Castle Trust we keep our overheads to a minimum and we use investment proceeds to fund our flexible lending solutions.

Our investment products are typically fixed rate bonds with terms of between one and five years. We aim to pay higher rates than the best deals offered by deposit takers (such as the banks and building societies) so our customers can feel confident that our pricing will be consistently competitive. All our customers are treated equally - irrespective of the size of their investment with us.

In a complex world, we strive for openness and clarity. We place the highest importance on treating our customers fairly not just because it's the right thing to do but because we know that the trust of our customers is crucial to our future success.


Today, there are literally thousands of mortgage products available from a host of lenders. Despite this, there are very few real differences between the vast majority of them - there has been little or no innovation in the mortgage market during the last decade.

For many of our mortgage customers, the more traditional options available in the marketplace fail to address a fundamental mismatch: customers with high quality assets but with relatively low incomes find it difficult to borrow at reasonable rates and on sensible terms. Until now.

We recognise that there is a large and under-served audience in the experienced buy to let, self employed and high net worth mortgage markets. These customers need tailored solutions that take account of their broader financial position. They need a lender who recognises that cashflow and net worth are not the same thing.

Our customers also want to choose when and how they service their interest. Some prefer to pay their interest each month in full whilst others want more flexibility in managing their cashflow. Our products offer real choice.

Skilled and experienced team

Castle Trust was established by an experienced team of senior executives from a broad range of backgrounds, who all recognised the enormous potential for new ideas in the mortgage and investment market. We take the best of our combined experience in product design, finance, technology and operations to deliver exceptional value to our customers.

Executive management team

Sean Oldfield

Sean Oldfield
Chief Executive Officer

Sean established Castle Trust in the UK prior to it being funded by J.C. Flowers & Co. Roles before that include being a Divisional Director at Macquarie Bank in London, running the Public Market Strategies Group, establishing a business in Australia which provided a shared equity mortgage product, and a mergers and acquisitions practitioner with Macquarie Bank in Sydney, Singapore, London and Madrid. Sean has degrees in Chemical Engineering (Hons) and Commerce (major in Finance) from the University of Sydney.

Matthew Wyles

Matthew Wyles
Executive Director

Matthew spent the first 20 years of his career in insurance, latterly an Executive Director in the Global Reinsurance Division at Willis plc. After eight years as a director of Portman Building Society, he joined the Board of Nationwide in 2007. From 2009 to 2013 he served as Group Executive Director, Distribution responsible for the branch network, call centres, internet banking and regulated & intermediary distribution. Matthew was Chairman of the Council of Mortgage Lenders for two years in 2009 and 2010.

Julian Dale

Julian Dale
Chief Financial Officer

Julian joined Castle Trust in May 2011 having previously worked in Standard Bank’s Treasury function, where his responsibilities spanned the Treasury operations in the UK, Brazil, Turkey and Singapore. Prior to this he was a Senior Manager in Oliver Wyman’s finance and risk consultancy practice, working for financial institutions across the UK, US, Benelux, Scandinavia, Middle East and Africa. Julian graduated from Cambridge University with a Master’s Degree in Engineering.

Mark Banham

Mark Banham
Chief Compliance Officer

Mark joined Castle Trust in April 2011, having worked in financial services since 1998. Prior to Castle Trust, he was Head of Legal for the alternative asset management business of Phoenix Group from 2008. Previous roles include Legal & Product Development Director at Skandia Investment Management Limited, as well as roles at Hogan Lovells, HSBC Alternative Investments and Aurum Funds. Mark is a Barrister with an Economics degree from Cambridge University.

Barry Searle

Barry Searle
Chief Operating Officer

In a financial services career spanning over 20 years, Barry was Operations Director at Private Label Mortgage Services when it was acquired by GMAC RFC Limited in 2000 - he was appointed Chief Operating Officer in 2003. GMAC RFC went from a start-up lender in 2000 to the tenth largest mortgage lender in the country by 2006. Barry was subsequently a founding director of Portillion Ltd, a start-up mortgage & savings bank and then Chief Operating Officer of the Legal and General Mortgage division until December 2013.

The journey so far

Based in the heart of the City of London, Castle Trust was launched in October 2012 with backing from leading US private equity firm J.C. Flowers & Co.

Castle Trust is authorised and regulated by the Financial Conduct Authority.

The development of our business is supervised by a prestigious team of Board directors, chaired by Richard Ramsay.

See full details of our Board Directors (PDF download)

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