Hope Capital has appointed a new business development manager (BDM) for the North and the Midlands.

Dan Parry’s appointment is part of a wider expansion of Hope Capital which also recently saw the recruitment of Sanjay Patel as a BDM for the Midlands at the beginning of the year.

The lender is planning to double its loan book and grow staff numbers by a third to 15 people, both by year end.

Joining from his role as a BDM with Dragonfly, Parry has worked in financial services for 17 years as a BDM and as an independent financial adviser in the pensions sector.

Parry will be responsible for analysing and securing bridging finance solutions for brokers and their customers. In addition, he will continue the responsibilities that he held in Dragonfly where he tailored finance to accommodate the most complex finance requirements for a range of clients.

He said: “I am looking forward to helping to grow Hope Capital’s outstanding service and product proposition still further. I have been in the market for a long time and I know that my broker contacts will welcome what Hope Capital has to offer with its unrivalled levels of service.”

Jonathan Sealey, chief executive office of Hope Capital, added: “Dan is a well known and well liked BDM in the Midlands and the North and his appointment is a real coup for Hope Capital. Dan has an extensive network of contacts and I am confident that he will continue the excellent service standards that Hope Capital is well known for, attracting yet more high quality bridging brokers to use Hope Capital.

“We are going to increase the size of Hope Capital still further to keep up with the growing demand that we are seeing for quality bridging lending. In addition to Dan’s appointment, we are about to take on a redemptions manager who is due to start in early June. These new appointments ensure we continue to outstrip the market in terms of growth and help us to achieve our ambitious expansion plans.”