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Peer2Peer Finance News | June 24, 2017

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LendInvest hires second northern BDM to support expansion

LendInvest hires second northern BDM to support expansion
Marc Shoffman

LENDINVEST has hired its second business development manager (BDM) for northern England, to support its continued regional expansion.

The online mortgage lender, which is a member of the Peer-to-Peer Finance Association, has named Sophie Mitchell-Charman (pictured below) as its latest regional hire. She has over 12 years’ financial services experience, most recently at bridging lender Mint.

She will be based in York but will travel extensively throughout northern England, with a particular focus on deals in the North East. She will source deals across LendInvest’s full product range, from pre-construction finance to development exit.

Read more: LendInvest launches alternative to BTL loans

The appointment is LendInvest’s third hire outside of London and its second in the North of England, following the recruitment of Peter McDermid as BDM for Scotland in July 2016 and Damien Druce as a Manchester-based BDM in November 2016.

LendInvest said that its recruitment drive outside of the capital is in direct response to increasing demand for its short-term property finance in other parts of the country.

Read more: LendInvest cuts minimum loan size as it expands across UK

“We’ve seen an increasing demand in the northern market,” said Matthew Tooth, chief commercial officer at LendInvest.

“Hiring our first northern BDM at the end of last year has highlighted the potential within the region, one which Sophie, alongside Damien Druce, is more than equipped to capitalise on.

“Sophie’s breadth of experience as both a BDM and a broker puts her in a brilliant position to cultivate business in an area that is strategically important for our business development plans.”

“As LendInvest’s profile continues to grow in the North, I am very excited to join the team during this crucial time of rapid national expansion,” said Mitchell-Charman.

“What will truly make the difference in the region is the diverse product range that LendInvest are offering, a suite truly tailored to a broad spectrum of borrowers.”

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