It has grown by almost a third this year
Specialist lender Cambridge & Counties Bank has expanded its real estate team by almost a third this year, the highest influx of new real estate professionals in any one year since the bank began operations in 2012.
The bank said it has now a total of 31 colleagues in its UK team, up from 24 at the start of the year.
The bank has made four appointments over the past few months, covering its regional markets.
The recent appointments include that of Gary Shepherdson for East Midlands and based in Leicester, Vaughan Hobbs for West Midlands and based in Birmingham, Paul Bagnall who is based in Manchester, and James Roche for West and Wales based in Exeter.
The lender said that the appointments, three of which are senior relationship managers, reflect the strong growth of its UK property book. Cambridge & Counties Bank has enhanced demand for its real estate product suite. Last June, the bank announced that total overall lending had topped £1 billion as part of its 10th anniversary celebrations.
Originally focused on the East Midlands region served through one branch, the Leicester-headquartered bank has also seen total staff numbers increase to more than 200, with major offices now in Sheffield, Bristol, London, and Glasgow.
“We’re delighted to have added Gary, Vaughan, Paul, and James to our UK team and others across the year,” Simon Lindley, chief development officer at Cambridge & Counties Bank, said. “Each has great experience and a deep understanding of the needs of our clients and the brokers that support them and are joining us at a time of growth and expansion.
“Real estate remains at the heart of Cambridge & Counties Bank, and we will continue to invest in our local teams to better cater for demand and capitalise on market opportunities.”