By Roger Baird on 4th July 2019
The London-based peer-to-peer property lender has hired a number of senior executives as it targets £100m of lending this year.
James Hodgson (pictured) joins the London-based fintech as a business development manager covering the North East.
He leaves Manchester-based Assetz Capital where he was an underwriting director, working with borrowers to provide tailored funding packages for residential property development.
Previously, Hodgson worked for a number of firms over the last two decades including National Australia Bank, where he was a commercial real estate manager, and Yorkshire Bank.
Relendex added that Hodgson, over a “long career in the sector has enabled him to build a significant portfolio of broker and lender contacts, with a focus on the North of England”.
The move follows Relendex beefing up its management with a number of senior hires in recent months, including Fintan O’Riordan, who joined in January as director of lending from FTSE 250-listed Paragon Bank. It also hired former BDO accountant Paul Sonabend as commercial director last October, who was promoted to executive chairman two months later.
In January, the firm, founded six years ago, said its hires are in line with its target of hitting “£100m in new loans in 2019”.
Relendex’s Sonabend said: “James impressed us with his wealth of expertise as well as his strong sector relationships and track record in building and converting leads – all of which were key in our decision to bring James onboard.”
Hodgson added that Relendex “is clearly forward-thinking and looking to increase its footprint in the sector while also staying committed to its traditional property values”.