<
p>Specialist lender Hope Capital has appointed a business development manager (BDM) to its new Scottish division.
Jim Wylie, who has more than 20 years’ experience in the financial services sector, will take up the post just three months after Hope opened its dedicated Scottish unit.
Jim said: “This is an exciting new venture and I look forward to helping Hope Capital grow its bridging loans offering for the intermediary market in Scotland.
“It is a great opportunity to build relationships and expand the opportunity for Scottish mortgage brokers and their clients to benefit from Hope Capital’s great service in the same way that brokers can in the rest of England and Wales.
“It is a pleasure to work for a true principal lender which not only looks at each case on an individual basis, but also delivers service, speed and, more importantly, reliability.”
Jim has worked at a number of large banks, including Lloyds and Tesco, where he specialised in a range of areas including mortgages and PPI complaints.
He was also BDM at The Mortgage Business and DB Mortgages where he dealt with intermediaries in Scotland and Northern Ireland.
Jonathan Sealey, Chief Executive Officer at Hope Capital, cited Scottish house price growth as a key reason for the lender’s increased efforts in Scotland.
He said: “With house prices continuing to soar and the number of property transactions on the increase, it is evident that there is a lot of positive sentiment in the UK at the moment.”
“This is particularly the case in Scotland where Scottish house prices are up 10.3% since May 2014, twice the annual growth seen in England and Wales, while the sale of properties has surged 25% since May according to LSL’s Acadata.
“Jim’s appointment is another way of us of achieving our ambitious expansion plans while responding to the growing potential of the UK’s expanding bridging market.”
In the first half of 2015 Hope Capital more than doubled its 2014 loan book and is expecting to quadruple it by the end of this year.
Specialist lender Hope Capital has appointed a business development manager to its new Scottish division..
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