Commercial Finance
Downing Property Finance hires Powell as investment director
Downing Property Finance has added to its development finance team with the recruitment of Will Powell as investment director.
He will be responsible for originating new development finance loans across England and Wales. This will be part of Downing Property Finance’s commitment to supporting brokers and developers across the UK.
Powell has more than a decade of experience in the development finance sector, having worked at Hampshire Trust Bank (HTB) as a lending manager, where he worked closely with brokers and developers.
Howell said: “I am looking forward to reconnecting with my broker and developer network as part of the team at Downing Property Finance as we build on strong growth, based on the team’s reputation for excellent service and the company’s strong capital position.
“Downing’s focus on providing streamlined financing solutions and making property finance funding simple, straightforward and sustainable is delivering success for our current and future clients and I am excited to be part of the team.”
Parik Chandra, head of specialist lending at Downing Property Finance, added: “The appointment of Will continues the expansion of our team, and we are confident he will make a major contribution as we continue to grow our business.
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“We constantly seek outstanding talent to join our ranks through our recruitment strategy, which values a blend of relationship management, sales acumen, and credit expertise.”
Earlier this year, the company launched a range of finance solutions for property developers including sustainable practices in their projects. This was backed by £75m in funding from HSBC.