Steven joins from Step One Finance Limited, where he served as its head of commercial development.

Prior to that, he worked at Target Group, Paratus AMC and held the role of head of residential mortgage trading at Morgan Stanley.

He will be responsible for driving the commercial growth of the company with a focus on launching new products.

The lender plans to launch several new products this year, including regulated bridging, BTL term products and retirement interest only mortgages.

Steven will also be responsible for maximising its operation procedures focused on new system and process implementation, as well as people management.

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He will report directly to Guy Harrington, CEO at Glenhawk, who said that the appointment was another “major statement” of its ambition.

“His CV speaks for itself, with an entrepreneurial background that spans origination, product launches, investment banking and technological innovation, working for some of the world’s largest financial institutions.”

Steven will also work closely with Nick Hare, head of strategy and capital markets, as the lender aims to secure potential senior and mezzanine funding line providers as well as new equity backers.

Steven added: “The UK residential and commercial property-lending markets have evolved beyond recognition since I first started out, and in Glenhawk I see a company that has the platform and people to continue driving positive change. 

“There is a significant market opportunity for new products, particularly for regulated bridging and term and I am excited by the opportunity to leverage my relationships and depth of knowledge to support Guy and the team in the next stage of its growth.”