LSL Appoints Piotr Nowosad as Interim Managing Director
Market Updates

LSL Appoints Piotr Nowosad as Interim Managing Director

By Dr. Priya Sharma, Property Markets Analyst · 14 July 2026 · 1 min read

Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.

LSL Appoints Piotr Nowosad as Interim Managing Director

LSL Financial Services has appointed Piotr Nowosad as interim managing director. Nowosad will lead the company’s financial services division, which includes Primis, TMA Mortgage Club, Novium, and Linear, while the LSL board searches for a permanent managing director.

Nowosad is currently managing director of AEL Capital Partners. In his new interim role at LSL, he will spend his initial weeks meeting advisers, distribution partners, and colleagues across the business. He replaces Richard Howells, who will be stepping down. Howells will support Nowosad with a handover before leaving at the end of the month.

LSL Financial Services supports approximately 2,600 advisers across its Primis, TMA, Novium, and Linear brands. The appointment is relevant to UK letting agents and inventory clerks who work with or through these networks, as leadership changes may impact business operations and support structures.


Source: Mortgage Strategy
About the author
Dr. Priya Sharma
Property Markets Analyst

Dr. Priya Sharma writes The Property AI's data-led coverage of UK property markets — rental indices, sold-price trends, mortgage flows, and regional analysis. Articles bylined Dr. Sharma cite ONS, Land Registry, Bank of England, and primary research data.

PhD Economics. Specialises in: ONS Index of Private Housing Rental Prices, Land Registry data, regional rental analysis, mortgage approvals trends.

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