Hamptons International Mortgages is bringing forward its expansion plans in a bid to radically increase its loan volume to lenders, and has hired four new senior staff members to help cater for the targeted extra business of £120m a year.
David Merrony, Mark Logan and James Newton, all previously from financial adviser Charcol, have been hired as associates charged with developing business in and around the South. Newton will head Hamptons’ South of England team. Merrony and Logan will be based in London, with Logan taking on Richmond, Chelsea and Fulham, where Hamptons is seeing a lot of large loan applications.
Kevin Duffy, managing director of Hamptons, said: ‘We are bringing forward our expansion plans as a result of receiving over 200 leads a week from our office network. We expect this expansion to add in terms of loan volume, another £10m a month to our lenders.’
The fourth addition is Simon Bucknell, presently at mortgage intermediary Square Mile, who will become technical director, and be based in north London, Hampstead and St John’s Wood, Hamptons’ flagship offices.