Paul brings over 30 years of experience in lending, having held numerous management positions in the UK banking industry.

He joins Signature Property Finance from Oblix Capital, where he worked as senior business development manager.

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Commenting on his appointment, Paul said: “Despite the pessimism coursing through the sector driven by firms that lack the resilience and vision of Signature, I’m joining a business with a clearly defined growth strategy and ambition to match. 

“In recent years, the business has developed its client-centric service to become the short-term lender of choice for a growing number of property professionals. 

“I’m also keen to get out onto building plots to understand the vision of the developers looking to Signature to provide the finance they need to help solve the UK’s housing crisis, one home at a time."

Paul said he felt confident his experience would help Signature achieve the targets it had set.

Tony Gilbertson, CEO at Signature Property Finance, commented: “This appointment demonstrates the growing need within the market to fund small-scale developments from the ground up, as more local authorities turn to smaller housebuilders to fill the gap in the supply of new homes.

“Given Paul’s reputation for getting deals done and his extensive list of contacts, we are confident our typical short-term property finance products will also find many new takers across the Midlands as he fills the RM role, taking deals from enquiry to drawdown.”

He added that the appointment also showed Signature’s ambition to “reach beyond the traditional bridging loan market” and that Paul was the individual it needed to get the funding message out to developers during the last months of 2020 and beyond.