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Magnet expands underwriting and operations team

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  • 05/10/2021
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Magnet expands underwriting and operations team
Deborah Field has been appointed as operations executive by development finance lender Magnet Capital.

 

Field boasts notable property experience, having initially qualified as a property solicitor at a large international law firm before holding a host of roles within the real estate businesses. These include heading up the in-house legal team at Regent Property Management. She had been working as an operations consultant at Magnet since April.

Magnet Capital has reported seeing sharp growth since the reopening of the property market following the initial lockdown last year, with both its new business and enquiry levels up year-on-year. The lender said all of its loans which were started before 2020 have been redeemed, with a high level of repeat business from borrowers, some of whom are now onto their fourth loan with Magnet.

Sam Howard (pictured), managing director at Magnet, said the recruitment of Field underlined the lender’s belief in hiring only “the brightest and best” in order to provide a first class service.

Howard continued: “We understand how much value our borrower and broker partners place on Magnet Capital’s deep industry knowhow, expertise in the property sector and the team’s ability to act as a finance partner. Deborah’s experience will bring an additional skill set and complement the existing operations team.” 

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