Tuscan Capital hires new underwriter

CEO says her addition will add to the wealth of experience in the lender’s underwriting line-up

Tuscan Capital hires new underwriter

Specialist property lender Tuscan Capital has announced the appointment of Jade Lidiard (pictured) as underwriter.

Lidiard joins the underwriting team providing bespoke decisions across the lender’s short-term finance proposition and reports to Dena Thompson, Tuscan Capital’s head of credit and risk department.

Before joining Tuscan Capital, Lidiard was with United Trust Bank (UTB), where she spent a year as underwriter and relationship manager in structured finance. Prior to that, she worked for nearly five years at MT Finance, where she started in the new business department, and later became underwriter.  

Colin Sanders, chief executive at Tuscan Capital, said he was pleased to welcome Lidiard to the company.

“She joins to further improve the excellent underwriting standards that we are known for in the marketplace,” he stated. “Since our launch of our Fast Track service, demand for our products has further increased, and we fully expect this to continue in 2023. Jade’s addition will further add to the wealth of experience in Dena’s team, and we’re delighted to have her on board.”

Commenting on her appointment, Lidiard said it feels great to join Tuscan Capital and get back into the bridging market as she loves the fast-paced nature of the sector.

“It’s clear that everyone at Tuscan really plays their part in making it such a dynamic place to work; it really is a lender that is truly responsive to the demands of the market. I can’t wait to get started,” she added.  

Tuscan Capital provides non-regulated bridging finance to the residential, commercial, semi-commercial, houses in multiple occupation, and mixed-use real estate sectors in England and Wales.