Together has hired Ian Pickering as head of development funding from Aldermore.
Pickering has over 25 years’ experience in financial services and returns to Together, previously known as Lancashire Mortgage Corporation, after spending three years at Aldermore.
He said: “Together is enjoying strong growth and I am really pleased to be heading up the development funding team.
“Having worked at Together previously, I know the business well and have a broad understanding of all areas of commercial lending.
“One of the things that drew me back to the business was Together’s common sense approach, as it’s very different to the mainstream finance providers, which can often be quite constrained in the commercial space.”
Pickering’s expertise spans bridging finance, development finance, underwriting and commercial recoveries.
Marc Goldberg, commercial chief executive, said: “I’m delighted to welcome Ian back to the business and know his extensive experience will be a great asset.
“Our commercial growth plans span all areas, including development finance, and we’re looking forward to working with even more commercial customers to deliver the funding they need for their development projects.”
Ritchie Watson, the previous head of development funding, has been promoted to lending director and will focus on larger lending transactions between £500,000 and £10m, covering all sectors of commercial and residential property, land and development throughout the UK.