Glenhawk, the fast-growing UK challenger lender, has appointed Paul Gavin as Business Development Manager, with responsibility for growing the Company’s loan book across the Midlands, North of England and Scotland.

Paul, who brings over 20 years of financial services experience, will be based in Manchester and report directly to Director of Sales, Jamie Pritchard. He will be responsible for promoting Glenhawk’s expanding product proposition in the regions with intermediaries, professional introducers and direct clients, including its regulated bridging product which was launched at the end of last year in response to strong borrower demand.

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Paul previously spent 11 years at the Bank of Ireland, where he was part of the team responsible for deleveraging a £5 billion loan book down to c. £500 million, prior to its transfer from Great Britain to Northern Ireland. He joins Glenhawk from HS Credit and previous to that Oblix capital and Amicus, where he originated over £40 million of credit solutions, including a single c. £10 million facility for the refurbishment of the inconic Manchester Hall.

Since the start of the 2021, Glenhawk has grown its loan book outside of London by 82%, as the government’s commitment to the levelling up agenda, the working from home trend and ‘race for space’ have increased the appeal of regional real estate. Notable transactions include a £2 million bridging loan to a UK Ltd Company in March, which marked Glenhawk’s debut loan in Scotland.

Paul joining follows a series of appointments that Glenhawk has made this year to support its ambitious growth targets. In January it promoted Damani Johnson as Chief Operating Officer and Nick Hilton as Managing Director, with Jamie Pritchard joining in February to oversee its UK expansion and Christie Cook being hired from Bank of Ireland as Head of Product, with the responsibility to launch new financial solutions.

Guy Harrington, CEO of Glenhawk, commented: “Having expanded our product suite in response to unprecedented levels of borrower demand, Paul’s appointment is a central part of our growth strategy to increase our footprint and coverage across the UK. His experience will enable us to roll out our  new regulated and unregulated products in,  where we see a clear opportunity to capture a larger share of the short-term lending market with Glenhawk’s tailored solutions.”

Jamie Pritchard, Sales Director at Glenhawk, added: “Having completed our first bridging loan in Scotland earlier this year on a high value residential property, we are now generating an increasingly large volume of enquiries from borrowers outside of our traditional core markets. Paul’s local market intelligence and understanding of a borrower’s property investment journey will be critical for us as we build the level of trust required to establish a market leading national business.”

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