His responsibilities include underwriting and deal management
Aspen Bridging has announced the appointment of Richard Coombs (pictured) as credit analyst, with the firm preparing for its next phase of growth.
Coombs, who previously worked in London as a finance analyst, possesses extensive experience in property development.
His duties as credit analyst at the specialist lender include responsibilities across underwriting, valuation, and deal management.
“We are excited to welcome Richard to the team and this appointment represents the fourth generation of the family joining the business,” Jack Coombs, director at Aspen Bridging, said. “We will soon also be announcing the hire of several graduate underwriters to complement the team.”
Aspen expands office space
Aspen Bridging has also expanded its office floorspace by 50% to accommodate its growing team.
The new 1,600 square feet building, which has been reconfigured and combined with their existing 3,200 square feet HQ in Solihull, near Birmingham, has been secured on a 10-year lease and includes more meeting and privacy rooms for third-party calls, as well as extra space for current and new team members.
“In 2022, we grew our loan book by well beyond our 50% target for the year partly due to the introduction of heavy works, no valuation, and bridge-to-let products,” Jack Coombs said.
“The new office area will allow us to bring the whole underwriting team into one large open plan space and will help enable Aspen to deliver first in class service to our brokers and borrowers and continue on our planned growth trajectory.”
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