Hampshire Trust Bank hires Coleman as development finance lending director

At HTB, he will be responsible for securing new development finance business for the lender and developing longer-term partnerships.

He joins the firm from West One Loans, where he was a portfolio manager for over two years, where he dealt with development finance cases from initial enquiry, terms proposal, underwriting, credit submission and conveyancing through to management and redemption.

Before that he worked at Castle Trust Bank for nearly five years in various roles, including relationship manager for property development finance for over two yeas and business development manager for North London and overseas Crown dependents for a year and BDM for the North for a year to name a few.

Alex Upton, managing director – development finance for HTB, said: “Alan’s experience in the property finance market brings huge value to the development finance team at HTB. Developing our regional relationships into deeper partnerships is an integral part of our proposition and Alan offers the skills to do exactly that.

“Delivering bespoke development finance products with the exceptional service we have become known for can only be achieved by attracting the right talent across the regions.”

Coleman added: “Over the years, HTB has worked to secure its reputation in the development finance market with a strong product offering and bolstered service delivery. With that in mind, I am very excited to be joining the bank at this time.

“Developers and housebuilders, now more than ever, need to be able to work with a lender which genuinely has a strong appetite to lend and most importantly, the funds to match. With HTB ticking both of those boxes, it certainly helps with my task of supporting developers in the pursuit of denting the unrelenting demand for housing in the UK.”

HTB has been growing its team, recently hiring Jessica Winstone-Adair as development finance lending director for London and the South East, Sarah Dix as lending director in its development finance division and Pippa Betts and Elysia Walters as relationship directors within the same division.