BLG Development Finance grows team

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BLG Development Finance has made a pair of appointments in its surveying and new business teams.

Charlie Latimer (pictured), who joined the specialist development finance lender over two years ago, transfers from the lender’s surveying team into a newly created new business role. He will be responsible for supporting a number of BLG’s existing developer customers and acquiring new developer contacts within the south of England.

As part of his role, Latimer will provide developers with finance for new schemes and present credit papers for approval at BLG’s credit committee, as well as maintain customer service.

He is replaced as valuations surveyor by new recruit James Pigott, who joins BLG from a commercial valuation firm where he worked as a ratings surveyor. At BLG, Pigott will be responsible for overseeing the lender’s property valuation reviews by undertaking due diligence on proposed development schemes.

Peter Wade, BLG’s chairman, said: “Charlie has been part of the team for the last two and a half years and has done an exemplary job overseeing the valuation reviews. During this time his role expanded, from overseeing the expansion of BLG’s head office to representing the team at this year’s MIPIM in Cannes, Charlie took on many projects outside of his remit.

“He has gravitated towards business development and shows a natural ability to support developers with their financial needs; this, coupled with his in-depth knowledge of property and land, makes him perfectly placed to tackle this new challenge.

“I was impressed by both James’ CV and his attitude; he is highly analytical with keen market research skills – just what we need to ensure BLG is able to best serve its developer customers. James will be supported by Iram Munawar and I am sure they will do a sterling job looking after the valuation reviews.”

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