Alpha Bridging has appointed Jeff Bungar to develop new business through the intermediary sector around London and the Home Counties.

Bungar, who has had a 20-year sales career, will now work closely with fellow business development manager Stuart Pederson, under the leadership of head of intermediary sales, Narinder Khattoare.

Alpha Bridging had reported its best year for new business in 2014/15 with completion volumes up by 45%.

Mercedez Binning, Alpha Bridging’s managing director, said: “We are fortunate in that Jeff has an intimate knowledge of the way Alpha Bridging works and this will be of particular benefit as he assumes a more proactive role within the sales team.

“His sales experience allied to the knowledge of the kind of business Alpha wants to transact will be extremely valuable and intermediaries will find his understanding of the bridging market second to none.”