Please Note: This Article is 5 years old. This increases the likelihood that some or all of it's content is now outdated.

LendInvest, the award-winning online mortgage lender, has taken the next step to become a nationwide lending business, with the appointment of its first Business Development Manager (BDM) for Northern England.

Damien Druce, a BDM with over ten years’ experience in mortgage sales, will source deals in the Northern England property market and build LendInvest’s profile among his deep network of regional intermediaries.

Based in Greater Manchester, Damien will travel extensively, considering bridging and development loan opportunities anywhere between Staffordshire and the Scottish borders. Initially Damien expects to see most activity in towns within Greater Manchester, Merseyside and Yorkshire which have been significant beneficiaries of recent national infrastructure investment.

Damien joins from Castle Trust where he was National Development Manager. Previously he was Head of Distribution & Development at Crystal Specialist Finance. An active contributor to his local community, Damien served as a Councillor for Cheshire East Borough Council for a number of years until 2015.

The appointment is LendInvest’s second official presence outside of London, following the recruitment of Peter McDermid as BDM for Scotland in July. LendInvest is seeing strong demand in Scotland, and has completed a series of both bridging and development finance deals in the Central Belt between Glasgow and Edinburgh.

In November LendInvest won the Best Short-Term Lender award at the annual National Association of Commercial Finance Brokers (NACFB) awards.

Matthew Tooth, Chief Commercial Officer at LendInvest, said: “Damien is well known among mortgage brokers in the north of England, making him a fantastic addition to our team who can hit the ground running. Local expertise is critical for a regional BDM, and we are confident that Damien is the man to spearhead our increased profile in the north.”

Damien Druce, BDM for Northern England at LendInvest, said: “I am delighted to be joining LendInvest at such an exciting time for the company. As confidence returns and some of the clouds of Brexit uncertainty clear, it is clear that there is a demand for fast and flexible bridging and development finance in the northern counties.”

LendInvest is the UK’s leading online mortgage lending and investing business. The company was spun out of Montello, an offline bridging finance lender, in 2013 and now provides over 10% of all short-term property finance in the UK.

Please Note: This Article is 5 years old. This increases the likelihood that some or all of it's content is now outdated.


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