Blend Network appoints senior lending manager

Specialist development finance lender, Blend Network, has appointed property and finance expert Ian Granger as senior lending manager to lead the South West and Wales lending operations based in Bristol.

Related topics:  Commercial,  Commercial finance
Rozi Jones
12th May 2022
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"Ian has a breadth and depth of experience across the real estate and finance sectors, as well as extensive regional expertise in the South West and Wales"

Ian has over 35 years of experience in banking, finance, and real estate. His most recent position was as a business development manager at Premier Guarantee where he provided structural warranties and building control for local, regional and national developers, contractors, local authorities and housing associations covering the South West and South Wales.

Ian’s extensive banking, finance and real estate career includes roles as property development finance regional manager at RateSetter, as well as roles within the commercial SME market team at HSBC and Davenham.

Blend has been an active lender in the Greater Bristol area over the past two years with current projects including a £2.3m GDV residential scheme of 9 flats in Bristol.

The arrival of Ian will help Blend deploy a large pool of funding recently committed by several family offices and a group of prominent investors. Blend will offer up to 70% LTGDV on development finance and bridging loans in the South West and Wales.

The appointment follows the recent hire of Philip Anderson to lead Northern Ireland lending operations based in Belfast, and of Chris Mason to lead mid-country lending operations based in Cambridgeshire.

Yann Murciano, CEO at Blend Network, commented: “We are delighted to welcome Ian to our growing lending team. Ian has a breadth and depth of experience across the real estate and finance sectors, as well as extensive regional expertise in the South West and Wales, which will significantly help us scale our loan book in those regions. Ian’s appointment will allow us to expand our presence on the ground in the South West and Wales, helping to deploy our capital in those buoyant regions in line with the Government’s Levelling Up agenda.”

Ian Granger added: “I am very pleased to be joining Blend at such an exciting time. Blend is a dynamic and forward-thinking organisation with a strong appetite to offer development finance to experienced developers. While there are a number of factors that continue to hinder the supply of new housing stock coming to the market, I am hopeful that by increasing the availability of development finance it will go some way to increase the supply of new homes in the South West and Wales. Please feel free to get in touch with me if you wish to discuss any lending opportunities”.

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