Midlands Asset Finance has launched MAF Property Finance, a broker dealing with commercial owner-occupier mortgages, property investment and property development.
MAF Property Finance is made up of six members of staff, including director Dave Chapman, who will head up the team and handle investment and development funding alongside Andy Keal, Ian Brown and Paul Delaney.
Rachel Borlace and Hayley Chapman will be specialise in commercial mortgages.
Chapman, said: “We are delighted to be launching a dedicated property division on the backcloth of arranging in excess of £140m of property funding in 2018.
“We have grown the team, who have over 180 years’ combined experience in the sector, and we are looking forward to helping more property clients to grow their business in 2019.”
Keal, Brown and Delaney have all previously built successful careers at the likes of Yorkshire Bank, Royal Bank of Scotland and NatWest, respectively.
Borlace has a background in banking and agriculture, while Chapman comes from an asset finance background, both possessing vast experience with owner-occupier businesses.
Keal added: “We are seeing an increasing number of developers working with us and taking the option of 100% development funding and putting the land in as contribution.
“We work with a variety of specialist funders and we are able to move quickly to secure the right deal for our clients.”
Pictured: (Top row from left to right) Dave Chapman, Hayley Chapman, Rachel Borlace, Andy Keal. (Front row from left to right) Ian Brown, Paul Delaney