Amicus Property Finance creates new specialist services team
Amicus Property Finance, the specialist short term property lender, today announces that it has appointed Matthew Anderson as head of servicing & portfolio management, a newly created role, Ben Jackson as portfolio manager and Stuart Boag as development monitoring manager. The appointments are to help deploy £500m of available funding and further boost the firm’s business development opportunities.
The firm has seen a very strong first half of 2017 having provided more than £500m of short term property loans last year, as it further expands its customer base among brokers, professional landlords and developers seeking finance for residential and commercial real estate assets.
Matthew joined Amicus in 2016 and has specialised in generating new property development opportunities since 1996, firstly with Wintrust Securities Limited and then subsequently as a director of Fincorp.
Stuart joined Amicus in 2016 and is a specialist in property finance transactions relating to commercial and residential investment, development and finance. Prior to Amicus, he was assistant lending manager at Commercial Acceptances Limited (part of the Close Brothers Group) and portfolio manager at the Royal Bank of Scotland.
Matt and Stuart will be joined by Ben Jackson who has nearly 20 years’ experience in property based lending, servicing and management. Ben previously worked at Hatfield Philips International where he managed a £2bn portfolio of European real estate transactions. He has also worked at Commercial First Mortgages.
Keith Aldridge, founder & managing director at Amicus Property Finance, said:
“As we continue to evolve, it is important we align expertise with our clients’ needs. Matt and his team will enable us to deliver this objective, as with over £500m to lend, we expect to be very busy across our key areas of auction, refurb and development, and anticipate a busy summer ahead.”
Amicus Property Finance aims to deliver outstanding lending solutions for clients, introducers and stakeholders through deeper relationships and a resolute belief in the power of collaboration. To ensure the firm’s reach is truly national it will continue to utilise the services provided by its existing panel of surveyors supporting its evolving footprint.
Amicus has had a strong year and it has further expanded its customer base. As part of its growth journey, the firm has extended its regional presence with the opening of an office in Manchester last year.
Subject to authorisation, Amicus anticipates receiving its banking licence this year which will enable it to fulfil its long-term growth objectives by accessing an alternative and efficient source of funding.