Specialist property lender Glenhawk has appointed Sophie Watson as portfolio manager, effective immediately.
Watson (pictured) joins from Octopus Property where she was servicing administrator. Watson will be responsible for post-completion administration as well as providing support and efficiency of process for all borrowers, from loan enquiry through to redemption.
Guy Harrington, chief executive of Glenhawk, said: “Sophie is talented and ambitious and will play a key role in helping us deliver on our customer-centric ethos and she joins at an exciting time, as we continue to explore new ways to expand our business offering and further elevate ourselves above the peer group.
“Following the launch of our free valuation offering initiative, the business continues to perform strongly.
“The significant redemption figure demonstrates the growing maturity of the business whilst being testament to the quality of both the loans the team is originating and the counterparties we are transacting with.
“At the same time, the amount of enquiries we are originating is growing month on month, highlighting the continued appeal of investing in UK real estate.”
Watson will be based in London and report directly to Nick Hilton, head of lending. Before Octopus Watson was redemptions officer at Amicus Finance, and collections and litigations agent at The Northview Group. She has experience liaising with clients, brokers and solicitors and is a capable cash flow forecaster.
Since launching in January 2018 Glenhawk has lent over £50m, across 87 loans with a total gross asset value of £103m, and has originated over £750m of enquiries.
Glenhawk has completed a total of £15.1m of redemptions, equating to 30 loans at an average length of 10 months, with zero loan defaults or capital losses.