Hampshire Trust appoints development finance lending director

Hampshire Trust Bank has appointed Alan Coleman as a lending director within its development finance division.

Alan has over seven years’ experience in the property finance industry with roles across origination, credit, and debt restructuring.

He joins HTB from West One Loans, where he was a portfolio manager taking development finance cases from initial enquiry, terms proposal, underwriting, credit submission and conveyancing completion through to on-going management and subsequent redemption. In his new role, Alan is tasked with securing new development finance business for HTB, with the ultimate aim of developing those relationships into longer-term partnerships.

Alan Coleman commented: “Over the years, HTB has worked to secure its reputation in the development finance market with a strong product offering and bolstered service delivery. With that in mind, I am very excited to be joining the Bank at this time.

“Developers and housebuilders, now more than ever, need to be able to work with a lender which genuinely has a strong appetite to lend and most importantly, the funds to match. With HTB ticking both of those boxes, it certainly helps with my task of supporting developers in the pursuit of denting the unrelenting demand for housing in the UK.”

Alex Upton, managing director of development finance at Hampshire Trust Bank, added: “Alan’s experience in the property finance market brings huge value to the development finance team at HTB. Developing our regional relationships into deeper partnerships is an integral part of our proposition and Alan offers the skills to do exactly that.

"Delivering bespoke development finance products with the exceptional service we have become known for can only be achieved by attracting the right talent across the regions.”