Andy Scott joins from Secure Trust Bank, where he was head of real estate finance for the Midlands and South division.
Octopus Real Estate, part of Octopus Group has appointed Andy Scott (pictured) as head of residential development.
Scott will be taking the senior role in the development lending team and will be responsible for the day-to-day management of the team and expansion of the product base.
He joins from Secure Trust Bank, where he was head of real estate finance for the Midlands and South division.
As well as this, he has spent time at Santander, Lloyds and HBOS.
Benjamin Davis, chief executive at Octopus Real Estate, said: “Welcoming Andy to the team is perfectly timed at the start of an exciting year for our development lending business.
“Andy has a wealth of experience in a variety of product areas, which will help us to expand our product base and increase our lending portfolio.
“We are planning to take full advantage of the opportunities that present themselves in the residential lending space.”
Scott added: “Octopus Real Estate has built a reputation as a leading lender in the property space.
“I am delighted to have the opportunity to join the residential development team and help drive activity in the market.
“I look forward to working with this talented team and seeing what we can achieve this year.”
