Masthaven recruits BDM Angell

His responsibilities at the bridging lender include managing existing relationships and developing new ones in the West Midlands, South Wales and the South West.

Angell joins from former packagers Praxis and em Financial.

Richard Deacon, sales and marketing director at Masthaven, said: “Wales and the West is a very important geographical area to us at Masthaven. I have covered that patch myself this past couple of years and there are some tremendous introducers, packagers and intermediaries within it.

“Such is their ability to produce volume quality business, we decided it a necessity to specifically recruit someone who can manage their business levels and relationship needs.

“With Richard’s professional background and fantastic work ethic I am positive he will be able to exceed the high expectations required of him.”

Angell added: “I am delighted to become the latest recruit at Masthaven who have an excellent reputation for honesty, integrity and transparency.

“Recent figures show that bridging finance lending will exceed £1bn this year and the need for Financial Services Authority-regulated bridging lenders such as Masthaven is more important than ever.

“I am looking forward to meeting all brokers, introducers and packagers in Wales, the South West and the West Midlands so that bridging finance becomes a successful part of their product portfolio.”