LendInvest strengthens development finance team

Published on

LendInvest has appointed Dan Lohn as relationship manager within its development finance team as the specialist lender looks to expand support for SME housebuilders.

Lohn (pictured), who has more than 10 years’ experience both as a development lender and a property developer, will join the team led by managing director Steve Larkin.

His arrival comes as the market faces a chronic undersupply of housing, with investor appetite for development finance continuing to grow.

Lohn said: “After knowing Steve and his history in the industry, when he mentioned to me that there might be an upcoming opportunity at LendInvest, I was naturally intrigued.

“After meeting the rest of the team and learning more about their goals and funding pipeline, it was an easy decision.

“I’m looking forward to bringing my unique perspective to the role. Having experience on both sides of a deal, it affords me a deeper understanding when it comes to taking a sensible approach and a more commercial view of the risks involved.”

Larkin added: “As more investors look to development finance as an opportunity amidst the undersupply of new home construction, it’s an exciting time for the industry in England, Scotland and Wales.

“Dan brings with him deep market knowledge as a lender as well as a developer; his insights and ambition will help support our SME developers as they navigate a dynamic market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

1.3 million households facing mortgage cost shock

Around 1.3 million additional UK households are now exposed to higher mortgage costs following...

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Latest publication

Other news

1.3 million households facing mortgage cost shock

Around 1.3 million additional UK households are now exposed to higher mortgage costs following...

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...