Axis Bank UK has appointed Jason Neale to take over its buy-to-let lending operation.

He joins from the specialist lender Magellan Homeloans where he was sales director for four years. Prior to this he has held sales director and head of sales roles with a number of broker firms, networks and specialist lenders including TMP (part of Mortgage Advice Bureau), Primis Network and specialist lenders Infinity Mortgages, Advantage Homeloans and GMAC RFC.

The London based subsidiary of India’s third largest private sector bank offers a range of financial service products and services to cater for corporate and retail businesses.

The buy-to-let range of mortgages aimed at professional landlords was introduced in 2015 and has seen steady growth via partnerships with UK’s leading packagers and distributors.

Neale said: “To be given the opportunity to lead the buy-to-let business for Axis Bank UK is amazing and something I’m really excited about. It’s great to be part of a business that’s actively looking to grow its lending and with that in mind we are already working on increasing the support we provide to our valued distribution partners and of course where we can improve our product offering.

“Being a bank with a diverse source of funding, coupled with the financial strength of the business, Axis Bank are well placed to become one of the ‘go to’ lenders for professional landlords.”

Rajendra Adsul, managing director and CEO of Axis Bank UK, added: “I’m delighted Jason has joined us and have no doubt his experience and knowledge of the intermediary market will have a huge, positive impact on our future proposition.

“Axis Bank UK has plans to grow its lending volumes while supporting professional landlords and I’ve no doubt Jason will lead our buy-to-let business to become a lender that intermediaries and landlords alike see as a valued business partner.”