Magnet Capital makes three new appointments to support growth

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Magnet Capital has strengthened its team with the appointment of two new underwriters and a financial controller as part of the development finance lender’s growth plans.

Pallavi Das joins as underwriter and brings valuable industry experience, having previously worked at Glenhawk as a completions officer and at LendInvest as a case manager.

Pallavi Das, Magnet Capital
Pallavi Das, Magnet Capital

Her knowledge of the sector further strengthens Magnet Capital’s underwriting team as the business continues to scale.

Kashmira Patel joins the lender as financial controller from Kennedy Wilson, where she was financial accountant.

Keisi Morina, Magnet Capital
Keisi Morina, Magnet Capital

She will play a key role in strengthening Magnet Capital’s financial operations and supporting the business through its next phase of growth.

Meanwhile Keisi Morina also joins as an underwriter and will work closely with brokers and developers to ensure a smooth transaction process.

BROADER REACH

The three appointments follow Magnet Capital’s recent announcement of an expanded funding line with Shawbrook Bank – a move that enables the lender to broaden its reach and support more UK property developers with tailored development finance solutions.

Ashley Ilsen (main picture), chief executive of Magnet Capital, said: “Pallavi, Keisi, and Kashmira all bring exceptional experience that will enhance our business as we continue to grow.

“Their expertise is exactly what we need as we scale up lending while maintaining the hands-on, relationship-driven approach we’re known for.

“With our additional funding and a rapidly growing team, we’re set to support even more developers in the year ahead.”

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