Complex Buy To Let
Castle Trust and Octane Capital hire new staff – roundup
Castle Trust has appointed Jack Saunders as business development executive as part of its growth plans, while Octane Capital has hired Rick Hollingsworth as senior structured finance manager.
Saunders has joined Castle Trust from Foundation Home Loans, where he worked as internal business development manager. He has previously worked at Sunlife, Debtline and Amigo Loans.
He will be helping brokers place specialist buy-to-let cases, such as houses in multiple occupation (HMOs), multi-unit lets, holiday lets and low yielding properties, as well as development exit loans, business purpose loans and high net worth mortgages.
Marcus Dussard, sales director at Castle Trust, said that when brokers are placing specialist cases, it is really important that they can speak to an experienced sales team.
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Hollingsworth joins Octane
Octane Capital has hired Rick Hollingsworth as senior structured finance manager, joining from HSBC Commercial Banking, where he worked as senior corporate banking manager.
Hollingsworth will be working alongside Alex Tyrwhitt on complex loan finance.
He is the latest recruit to the Octane team, which has expanded from just three last year to 22.
Rick Hollingsworth said: “After 13 enjoyable years in one of the world’s biggest banks I’m looking for a new challenge, and the ability to work in a much smaller team and make a direct mark on the growth and success of Octane really appealed.”
Matt Smith, director of risk at Octane Capital, said Hollingsworth’s big company mindset may help the business achieve the firm’s plans.