West One, the specialist bridging finance and buy to let finance lender, has hired two new portfolio managers.
Alan Coleman joins the lender with five years of experience in property finance. He started work for Castle Trust Bank and then spent the last two years structuring and managing residential development finance transactions.
John Newton has also joined West One, having previously worked as portfolio manager for real estate development finance for Shawbrook Bank. He brings a wealth of knowledge from over ten years experience in property finance.
Alan Coleman said: “Within development finance, there isn’t always a straightforward solution; as such, I believe a lender must be willing to do everything within their power to help a client overcome whatever challenges they may be faced with,”
“There is nothing better than working with clients, brokers and the various professionals involved towards realising a client’s dream.”
John Newton added: “Development finance, especially when dealing with smaller developers, has a lot of characters and makes the industry both interesting and different.
“It’s quite satisfying working with developers who are visionary and entrepreneurial in nature who are genuinely proud of the developments they undertake.
“Of course, dealing with the finance of something as physical as a building is much more memorable — especially if you pass a development that you financed years later knowing, ‘I financed that.’”
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West One recently expanded its buy-to-let team with new senior hires, to help capitalise on specialist sector opportunities throughout the year.