Axis Bank UK has hired Jason Neale (pictured) as head of its buy-to-let operation.
Neale was previously sales director of Magellan Homeloans, while before that he held sales director and head of sales roles at the likes of TMP (part of Mortgage Advice Bureau), Primis Network and specialist lenders Infinity Mortgages, Advantage Homeloans and GMAC RFC.
Neale said: “To be given the opportunity to lead the buy-to-let business for Axis Bank UK is amazing and something I’m really excited about.
“It’s great to be part of a business that’s actively looking to grow its lending and with that in mind we are already working on increasing the support we provide to our valued distribution partners and of course where we can improve our product offering.
“Being a Bank with a diverse source of funding, coupled with the financial strength of the business, Axis Bank are well placed to become one of the ‘go to’ lenders for professional landlords.”
Axis Bank UK is a London-based subsidiary of India’s third largest private sector bank which launched in 2013.
The buy-to-let range aimed at professional landlords was introduced in 2015 and distributed by packagers and distributors.
Rajendra Adsul, managing director and chief executive of Axis Bank UK said: “I’m delighted Jason has joined us and have no doubt his experience and knowledge of the intermediary market will have a huge, positive impact on our future proposition.
“Axis Bank UK has plans to grow its lending volumes while supporting professional landlords and I’ve no doubt Jason will lead our buy-to-let business to become a lender that intermediaries and landlords alike see as a valued business partner.”