Shawbrook Commercial has appointed Stewart Paine as lending manager to look after specialist buy-to-let mortgage applications.
Paine has spent 20 years in financial services, including a dozen involved in the lending sector. He joins from Coutts where he has spent the last six years as lending risk manager.
Paine (pictured) noted that he appreciated being involved in a more personal approach to lending which would continue at Shawbrook.
Shawbrook Commercial sales director Emma Cox added: “Stewart’s appointment marks not only our commitment to our brokers and their clients, but also our confidence in the buy-to-let market as a whole.”
Meanwhile, Octane Capital has hired Adam Ware as internal business development manager.
Ware joins from Commercial Acceptances, part of the Close Brothers Group, where he worked for five years as assistant lending manager focusing on the loan origination and underwriting process.
Octane Capital managing director Mark Posniak said: “Adam brings across a vast amount of experience and has already started to make a significant impact on our operational efficiency.
“With a background in loan origination and underwriting, he has all bases covered and his enthusiasm for the product-less lending we offer is exactly what we like to see.”
Octane has grown rapidly since its launch in May 2017, expanding from an initial team of three to 18 in under a year, with more hires planned.