It adds a senior relationship director and a couple of new relationship directors
Specialist lending bank Shawbrook has expanded its development finance team with three new hires to enhance support for property developers across the UK.
Philip Kirkwood joins as senior relationship director, responsible for originating new deals and building a portfolio of developers and housebuilders in the South East of England, including London.
Kirkwood, who has over 25 years of experience in the sector, was one of the founding members of Shawbrook’s development finance team in 2016. He rejoins the lender after a stint at United Trust Bank and will provide tailored funding solutions for each development project.
Shawbrook has also appointed Greg Pescott and Tom Edmunds as relationship directors for the South West and Wales, and the Midlands regions, respectively. They will focus on delivering bespoke funding packages to support developers from the planning stages to the sale of their projects. Both bring extensive experience to the team and will collaborate with Shawbrook’s panel of brokers to support new and existing customers.
The company has also bolstered its loan support function, which assists relationship directors throughout the lifecycle of a facility, in an effort to enhance the team’s ability to deliver premium service to developers across their projects.
“We recently surpassed £2 billion in lending which makes it an exciting time for the development finance team,” said Terry Woodley (pictured), development finance managing director at Shawbrook. “We’re delighted to be expanding the team with some fantastic new hires; it’s great to see Philip return to Shawbrook to be part of the journey, and I look forward to working alongside Greg and Tom as we continue to expand our regional teams across the UK.
“The diverse experience of all our new hires will be fundamental in growing our exposure and strengthening our support for developers, with bespoke funding for their projects.”
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