Ardron and Larkin will oversee growth in both the above areas at LendInvest, which includes regulated and unregulated bridging loans, bridge-to-let loans, and development finance
Ardron has been with the firm since 2013, joining as the director of operations and then becoming the director of bridging finance.
Prior to that, she was a manager for existing business at Montello for around a year. Before that, she was a new business case manager at Opal Home Loans for around three years.
Larkin has been with LendInvest for around nine years, first as the head of development finance.
Before that, he spent around 15 years at Royal Bank of Scotland, most recently as the senior director for real estate asset management.
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He also spent over a decade at NatWest in various banking roles.
Rod Lockhart, CEO of LendInvest, said: “Bridging loans are a critical financial tool, empowering thousands of SME property developers across the country to drive the UK’s delivery of high-quality homes – enabling them to move quickly to secure opportunities and retrofit existing properties.
“The appointment of Leanne as managing director for bridging recognises not only her unrivalled experience and leadership in this sector, but also the pivotal role bridging finance will play in LendInvest’s future as we pivot back to profitability and accelerate our lending.”
He added: “In parallel with the UK government’s renewed commitment to new housing, we see significant growth potential for our development finance products. To support this, we have promoted Steve to managing director of development and welcomed him to our senior leadership team alongside Leanne.
“Steve’s deep expertise in property development will be instrumental as we continue to expand our offering and strengthen our position as a leading lender in this space.”
Ardron added: “I am absolutely thrilled to take on the title of managing director for short-term lending at LendInvest. This promotion comes at a special time for me, as it coincides with celebrating my 13th year at the company.
“Bridging loans have always been LendInvest’s ‘bread and butter,’ and in a time where more property investors are seeing the value in short-term lending, I look forward to leading the charge when it comes to supporting our customers through our product propositions and ensuring that our processes keep up with today’s fast-paced lending environment.”
Larkin said: “I am delighted to have been promoted to managing director of development finance and to be joining the senior leadership team at LendInvest.
“Our sector has a massive opportunity to play an integral part in building houses for the future and LendInvest can play its own part in allocating important funding to SME property developers. I’m also looking forward to helping drive the strategic direction of the wider business as we continue to move ahead with our own plans across our various lending platforms.”
