The lender says the new team will manage further advances for development loans and “help deploy £500m of available funding”.

Matthew Anderson, formerly a director at Fincorp, has been appointed head of servicing and portfolio management. Ben Jackson, who previously worked at Hatfield Philips International, will become portfolio manager and Stuart Boag, whose career includes roles at Close Brothers Group and Royal Bank of Scotland will become development monitoring manager.

Keith Aldridge (pictured), founder and managing director at Amicus Property Finance, said: “As we continue to evolve, it is important we align expertise with our clients’ needs. Matt and his team will enable us to deliver this objective, as with over £500m to lend, we expect to be very busy across our key areas of auction, refurbishment and development, and anticipate a busy summer ahead.”