“We recognize the growing demand from brokers for a development finance partner who can support them through the process, from initial application to completion and beyond.”
The plans were overseen by Alex Upton, the new managing director of the development finance division. Prior to his appointment, Alex was instrumental in the successful growth of HTB’s specialty mortgage division.
HTB has invested heavily in its development finance team and has steadily doubled its resources over the past six months. Additions include new loan managers to create and manage facilities, eight new relationship managers and two new BDMs to work closely with channel partners.
Alex Upton commented: “At HTB, we have always provided an exceptional proposition and service to developers. This will not change. However, we recognize the growing demand from brokers for a development finance partner who can support them throughout the process, from initial application to completion and beyond. That’s why we’ve aligned the business to actively recognize the value intermediaries bring to the marketplace.
“I look forward to being able to offer full and seamless support to our borrowers and broker partners from initial land purchase, through development and development exit or eventual investment.
“I am proud to lead such an energetic, enthusiastic and highly skilled team of experts. The market is buoyant and I have spring for 2022.”