HTB bolsters development finance team

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Hampshire Trust Bank (HTB) has appointed Tim Mycock as lending director for London and the South East within its development finance team.

Mycock (pictured) will work closely with brokers and developers across the region, establishing close relationships and assisting in the structuring and packaging of cases, bringing each one to completion.

He has held senior management positions in bridging, private equity and development finance, both in the UK and overseas. Most recently he spent three years as chief investment officer and was previously developments director at a London lender.

He has a track record in funding across a range of tenure mixes, including residential, PBSA, Hotel and PRS schemes.

Mycock said: “I’m excited to be joining HTB at such a pivotal time in the development finance market cycle. The wealth of development experience within the team is immense and I look forward to supporting existing and new contacts with their development finance needs.

“I’m fortunate to have hands-on development and financing experience, which I’m looking forward to using to make our clients’ developments possible – even the most complex – and deliver the best possible experience.”

Neil Leitch, managing director, development finance at HTB, added: “London and the South East is a crucial region for HTB, and with Tim on board we look forward to delivering the combination of flexible funding and hands-on customer service that is synonymous with the bank. Tim has fantastic experience in this industry, and will be a great asset in supporting our brokers and developer clients even when cases have certain tricky or quirky elements to them.

“Across the bank we are committed to investing in our staff, building teams with the knowledge and understanding that allow them to provide what brokers and borrowers truly need.”

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