The firm’s bridging and specialist mortgages arms will continue to operate as distinct divisions, each with its own underwriting and operational teams, however, by aligning the sales function, the bank aims to make it easier for brokers to engage with the bank when structuring transactions across both bridging and term finance.
The bank also recently introduced AVMs, process enhancements and expanded support for complex transactions.
HTB is hoping to ensure a more connected approach while maintaining dedicated specialist teams in each area as brokers structure deals which involve both short-term and long-term finance.
Lorenzo has decided to leave HTB to pursue new opportunities.
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Commenting on his departure, Lorenzo said: “It’s been a privilege to be part of HTB’s bridging success story, working with a fantastic team to strengthen the proposition and support brokers in structuring the right solutions for their clients.
“HTB is in a strong position, and I have no doubt the team will continue to build on that momentum. As I move on to the next chapter, I wish everyone at HTB continued success.”
Alex Upton, managing director of specialist mortgages and bridging at HTB, said: “By aligning sales leadership across bridging and specialist mortgages, we’re making it simpler for brokers to access the full breadth of our lending expertise.
“The two divisions remain distinct - each with its own underwriting and operational teams - but this structure means brokers can have the right conversations with the right people, without barriers, and with the full backing of HTB’s lending teams.
“Lorenzo has been instrumental in the growth of the bridging division, and I personally want to thank him for all of his efforts and wish him the best.”
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