Spicerhaart Corporate Sales, the asset management division of one of the UK’s largest independent property groups, has appointed David Hunter as client account manager in a move that underlines the increasing importance of lender-aligned asset management in today’s mortgage landscape.
Hunter (pictured), who brings 37 years of experience spanning mortgage credit strategy, property risk and debt management, will work closely with Spicerhaart’s banking and building society clients to help manage and de-risk their property portfolios.
His remit includes ensuring that distressed assets are handled with tailored exit strategies designed to support both the lender and the borrower.
He joins from Rockstead, where he served as senior business development manager, following more than six years at NatWest Intermediary Solutions in both business development and credit strategy roles.
Earlier in his career, he spent eight years managing third-party supplier relationships within UK Asset Resolution (UKAR), the entity created to handle the legacy loan books of Northern Rock and Bradford & Bingley.
Hunter said he was “excited by the opportunity to use [his] market knowledge and experience from across 37 years to contribute to [Spicerhaart’s] future success.”
David Miller, divisional director at Spicerhaart Corporate Sales, said: “As lenders continue to demonstrate that repossession is very much a last resort, we have continued to see high demand for our services.
“Alongside proactive strategies to understand value and any potential risk within a mortgage book, we also work closely with lenders through assisted voluntary sale schemes to achieve the best possible price in the shortest amount of time.”