The deputy chief is to help the lender identify new opportunities, differentiate the brand and step up expansion plans.
It comes as TML prepares to launch buy-to-let offerings, after the company launched last year.
The lender currently caters for specialist residential requirements including the self-employed, standard status borrowers, lending into retirement and customers who don’t fit into standard lending.
Beaumont (pictured) has worked in housing and financial markets for more than 30 years and held positions at residential property fund Hearthstone, RPS Capital Partners, Mortgages plc and Merrill Lynch.
Right opportunity, right time
The new deputy chief executive said: “Working with a successful and known management team is the right opportunity at the right time for me.
“It means I can focus on developing and building on what the board has already achieved as well as identifying new markets and segments of the market that are currently underserved.
“I’m looking forward to working with a team I trust as well as building on TML’s success.”
TML chief executive Trevor Pothecary said: “We are delighted Peter is joining us at a crucial point in our evolution.
“His knowledge and experience complement and add to the existing management team as we gear up for the launch of our buy-to-let proposition and look to securitise our first tranche of loans.”