Financial services group Together has appointed a new head of development funding as it continues to expand its commercial team.
Ian Pickering, who has over 25 years experience in financial services, joins from Aldermore, although he had in fact worked for Together before that. His expertise spans bridging finance, development finance, underwriting and commercial recoveries.
Ian said: “Together is enjoying strong growth and I am really pleased to be heading up the development funding team. Having worked at Together previously, I know the business well and have a broad understanding of all areas of commercial lending. One of the things that drew me back to the business was Together’s common sense approach, as it’s very different to the mainstream finance providers, which can often be quite constrained in the commercial space.”
Together provides short-term finance, auction finance, residential, commercial and buy-to-let mortgages and secured loans. The business announced record trading results in June 2016 with annual lending topping £1 billion for the first time in its 42-year history.
Marc Goldberg, commercial CEO added: “I’m delighted to welcome Ian back to the business and know his extensive experience will be a great asset. Our commercial growth plans span all areas, including development finance, and we’re looking forward to working with even more commercial customers to deliver the funding they need for their development projects.”
Ritchie Watson, previously head of development funding, has been promoted to lending director and will focus on larger lending transactions between £500k and £10m, covering all sectors of commercial and residential property, land and development throughout the UK.
As a specialist lender to niche market segments through an extensive distribution network, which includes brokers and introducers, Together offers bridging finance, auction finance, residential and commercial mortgages and secured loans.