海角视频 property financing firm Pluto has appointed a new lending director for the South West.
Jonathan Scott will be based in Pluto Finance's Exeter office, with a focus on funding housebuilders and developers across the region. He joins the firm from Hampshire Trust Bank, where he spent five years as lending director.
Mr Scott started his career as a business manager at Barclays, before moving into real estate management for the high street bank, looking after a portfolio of more than 200 海角视频 property developers and investors. He then moved to Funding Circle 海角视频 as a property finance specialist prior to his most recent role.
He said: 鈥淚鈥檓 delighted to have joined this highly respected team where I will be focussing on lending to property developers and housebuilders with borrowing needs from 拢4m to 拢100m across the South West of England.
"Having focused solely on working with developers across this region over for many years, I鈥檓 looking forward to bringing my knowledge and experience of the South West market to my new role, extending Pluto鈥檚 specialist service to this area.鈥
Justin Faiz, partner of Pluto Finance, said Mr Scott's appointment was a "significant, and strategic move" in the company's plans to expand lending across the 海角视频.
鈥淭his year we have grown our lending directors from three to seven, along with an increase in the support team to serve our expansion," he said.
Mr Scott's appointment follows Evan Griffin鈥檚, who joined the specialist team as lending director for the Northern regions earlier this month. Pluto Finance also made two more lending director appointments in March.
Pluto Finance is currently funding the development of more than 2,000 new homes in the 海角视频. In 2021, the specialist lender announced a strategic investment partnership with the Universities Superannuation Scheme (USS), the 海角视频鈥檚 largest private pension fund, to provide financing to SME developers, delivering new housing across the country.
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