Pluto Finance appoints South West lending director
Pluto Finance is continuing its UK expansion with the appointment of Jonathan Scott as lending director (South West).
Jonathan will be based in Exeter, with a focus on funding housebuilders and developers across the South West of England. This latest hire follows the announcement of Evan Griffin’s appointment earlier this month – joining the specialist team as lending director for the Northern regions.
Jonathan joins Pluto Finance from Hampshire Trust Bank, where he spent five years as lending director, appointed to build the firm’s presence and client base across the South West.
Starting his career as a business manager at Barclays, Jonathan moved into real estate management for the high street bank looking after a portfolio of over 200 UK property developers and investors. He then moved to Funding Circle UK as a property finance specialist prior to his most recent role.
Jonathan comments: “I’m delighted to have joined this highly respected team where I will be focussing on lending to property developers and housebuilders with borrowing needs from £4m to £100m across the South West of England. Having focused solely on working with developers across this region over for many years, I’m looking forward to bringing my knowledge and experience of the South West market to my new role, extending Pluto’s specialist service to this area.”
Justin Faiz, partner of Pluto Finance, comments: “Jonathan’s appointment is the next, significant, and strategic move in our push to expand our lending across the UK, following the joining of Evan Griffin for the Northern regions, along with two more lending director appointments made in March.
“This year we have grown our lending directors from three to seven, along with an increase in the support team to serve our expansion.”
Pluto Finance is backed by some of the world’s largest institutional investors and is currently funding the development of over 2,000 new homes in the UK. In 2021, the specialist lender announced a strategic investment partnership with the Universities Superannuation Scheme (USS), the UK’s largest private pension fund, to provide financing to SME’s developers, delivering new housing across the UK.