He is expected to acquire new development finance business and develop client relationships
Hampshire Trust Bank (HTB) has appointed Barney Iles (pictured) as lending director within its development finance division.
Iles, who brings over nine years of experience in the property finance sector, joins HTB from Blend Network. He was a senior lending manager, leading the origination and execution of residential development investments.
He was also an investment manager in the real estate team of the Ingenious Group, primarily involved in the origination, execution, and general management of investments within the sector. Prior to this, he had gained experience across a wide variety of real estate projects at Nationwide Building Society.
In his new role, Barney is responsible for acquiring new development finance business for HTB, and developing client relationships into longer-term partnerships.
Read more: Hampshire Trust Bank names new managing director for specialist mortgages.
Commenting on his appointment, Iles said he was delighted to join HTB at such an exciting time as the lender looks to grow its loan book.
“HTB has an excellent reputation and place a strong focus on delivering first class service,” Iles remarked. “Developers and housebuilders need to be able to partner with a lender which has a strong appetite to lend and the funds to back up that desire. Hampshire Trust Bank has both in spades. I am looking forward to utilising my network and experience to ultimately help build more homes.”
Neil Leitch, commercial director of development finance at Hampshire Trust Bank, added that they were pleased to have been able to add Iles to their team.
“Despite short term economic challenges, the bank remains firmly committed to supporting SME developers throughout the UK,” Leitch said. “The addition of Barney to the team demonstrates our ongoing commitment to the market and our confidence in the property development sector over the long-term.”
