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Castle Trust Capital appoints BDM to the North

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  • 18/05/2017
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Castle Trust Capital appoints BDM to the North
Castle Trust Capital, which is targeting lending volume growth of up to 30% in the next year, has appointed Alan Coleman in the newly-created role of telephone business development manager (BDM) for the North.

Coleman joined Castle Trust as a trainee in 2016 after graduating from Southampton University.

Following his promotion to BDM, Alan will manage intermediary relationships from Manchester up to Newcastle, including key centres such as Liverpool, Leeds and York.

Alex Upton, director of sales at Castle Trust Capital, said: “As the London property market slows, we are seeing growing demand from the Northern Powerhouse where brokers have recognised the benefit of Castle Trust’s commercial and flexible approach, particularly when it comes to more complex cases such as HMOs and purpose built student accommodation.

“Alan will be completely dedicated to building strong relationships with key intermediaries in the region, helping to develop their business and offer their clients something different, including unconventional buy to let mortgage products, second charge loans for entrepreneurs and residential development finance.”

The lender relaunched its intermediary proposition in January this year to crystalise its move away from equity loans and establish partnerships with more brokers. The specialist lender refocused its proposition toward high net worth borrowers, business customers and large portfolio landlords. The proposition is usually distributed by directly authorised brokers with access to sophisticated clientele.

At the time, Matthew Wyles, executive director at Castle Trust Capital (pictured) said the business had diversified significantly in recent years and that equity loans had essentially “withered on the vine”.

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