Duncan Kreeger

West One founder Duncan Kreeger joins BiG Property Finance




West One Loans co-founder and former managing director Duncan Kreeger (pictured above) has joined privately funded bridging lender BiG Property Finance as its executive chairman.

Duncan will develop the Birmingham-based lender’s position as a problem-solving partner for brokers and property developers in need of development finance, bridging loans or joint venture partnerships.

Duncan – who founded West One in 2005 and has overseen more than £2bn worth of short-term finance over the course of his career – will work alongside chief executive Lee Bushell in his new position.

Duncan stepped down as managing director of West One 18 months ago.

“I know the frustrations developers and brokers encounter when dealing with big lenders full of suits and stuffed shirts,” said Duncan.

“So I’m going to really enjoy working at BiG, where the team is much more focused on getting deals off the ground than on admin or the office dress code.  

“BiG is not one of the largest lenders in the bridging industry but, as a result, the team makes decisions much faster than older, less flexible lenders.”

Duncan said the company was accommodating, nimble and able to make fast decisions on even the most nuanced of cases.

“BiG is backed with family money, which means it has more flexibility than lenders who end up wrapping themselves, their broker and their developer partners in red tape because they aren’t reliant on finding investors or high street lenders to fund deals."

Lee added: “Duncan understands property professionals and their ways of working.  

“Not only will he increase our bench strength as we grow, he will also help us to expand the business.  

“We don’t want to just bang out cheap deals, we want to build lasting relationships with brokers [and] developers and Duncan has a [proven track] record on that front.”

BiG Property Finance appointed property analysts Daljit Sumal and Hasnyan Haider last year, and hired BDM Martin Whitworth – who joined from NatWest – in 2016.

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