Investment and Lending
Tim is the Founder and Managing Director of Sydney Wyde. Tim has over 25 years’ experience in mortgage origination, mortgage management and mortgage broking.
Tim is responsible for the assessment of mortgage proposals to be assessed for suitability by the Lending Committee and compliance with the particular Fund’s lending guidelines. He has been a responsible manager under SWMM’s AFSL since the date it was issued back in 2004.
Michael is a Non-executive Director and chairman of the board of Sydney Wyde. Michael has held his solicitor’s practising certificate for over 45 years operating a law practice in Double Bay for the majority of that time. Michael operated a solicitors’ mortgage lending practice prior to the introduction of the FSRA Act. Michael is very experienced in the preparation and enforcement of mortgage agreements and mortgage law.
Derek is a Non-executive director on the board of Sydney Wyde. He is currently the Head of Claims, Australasia, for Munich Re (Sydney based) where he holds the responsibility for claims across the non-life reinsurance business. Through this and in previous roles held in insurance over the past 20 years Derek brings to Sydney Wyde a solid understanding of the regulatory environment as well as strong knowledge in the areas of strategy, growth and distribution.
Sydney Wyde Mortgage Management Limited (Sydney Wyde) is the responsible entity of the Sydney Wyde Mortgage Fund and of the SWIMM Pooled Mortgage Fund, formally the CKM Mortgage Trust.
Tim Stoyles set up Sydney Wyde in 2004 when he took over a small solicitor’s mortgage practice which managed around $20 million in mortgages. Sydney Wyde has managed to grow its funds under management since then to over $350 million without advertisement and it is proud that several of its original investors are still active fund members and a great source of referral.
The Sydney Wyde Mortgage Fund was set up back in 2004 as a contributory mortgage scheme. At that time Sydney Wyde was issued with its Australian Financial Services Licence to manage the Fund. Sydney Wyde now manages over $235 million in contributory mortgages with over 250 investors in the Fund.
In June 2016 Sydney Wyde was appointed as the manager of the SWIMM Pooled Mortgage Fund, formally the CKM Mortgage Trust which is a pooled mortgage scheme with over $125 million invested in mortgages across more than 330 investors.