Assetz Capital expands team and enhances bridging and development offerings

The lender is now offering development finance from 6.9% for terms up to 36 months with solutions for larger loans up to £20m+. Its residential bridging rates also now start from 0.60% as it looks to grow its bridging market share.

James Evans joins Assetz from Santander where he has spent the last 18 years as a relationship manager, looking after the banking and finance needs of its real estate clients. He brings a wealth of corporate banking experience to the role and will be operating mainly in the Merseyside and surrounding area in the Northwest.

James said: “I’m really excited to get started with Assetz Capital to help provide ‘Real World’ funding solutions to our customers. The company is really forward-thinking which was one of the main attractions of joining."

Paul Williams also joins Assetz after completing 18 years at HSBC in a variety of management roles, and most recently seven years at Hodge Bank as a development finance manager. Paul brings significant property and care sector experience, having also set up his own business that operates three high quality care homes in Wales. Paul is based in South Wales and will be supporting a network that spans the whole of the country.

Paul added: “It’s a great time to be joining Assetz and the team here has produced fantastic results up to this point. I’m looking forward to building on that success with the origination team in the development and care sectors.”

National commercial director, Mark Standley, commented: “We are always striving to improve our lending proposition along with outstanding service provided by our front-line relationship team. Our product enhancements afford a wide range of solutions to support our intermediary network, and our relationship directors are well placed to deliver them.

“It’s great to be adding the very best talent to the team; James and Paul bring significant lending experience to the table, and they will add huge value to the group. We always look to grow every aspect of our commercial, bridging and development offerings, so it’s absolutely key to recruit outstanding individuals like James and Paul to help take our solutions to market en masse.”