Saxon Trust hires Taylor as head of portfolio management

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The bridging and development lender says Taylor will source and conduct due diligence on new development and renovation enquiries.

It says he will also carry out “site visits and building strong relationships with developers as well as monitoring and reporting on ongoing loans”.

He will work closely with Saxon Trust’s chief investment officer, co-founder and director, Andrew Gardiner.

The lender specialises in bridging and development loans between £100,000 to £5m from three to 36 months secured against residential properties and construction projects in England and Wales.

Taylor spent almost 10 years at Coronado Property Developments Group in London, where he worked on a range of treasury, investment and finance functions including the management of substantial senior and mezzanine funding arrangements and a large book of equity investor’s capital.

Saxon Trust says at Coronado Taylor also established strong broker relationships from whom he sourced, arranged and negotiated a range of senior and mezzanine funding facilities for development projects.

Taylor says: “My new role at Saxon Trust is both broad and exciting. With the business entering a scale-up growth phase I’m confident that my contacts and experience in the property development sector can make a difference.

“I’m particularly looking forward to getting out on site, meeting borrowers and helping them to deliver their projects successfully.”

Andrew adds: “This is the first of a series of key appointments we are looking to make as we gear up for 2022 and beyond.

“We are ending the year with a strong pipeline of cases and with Nick working closely with our brokers and getting out on site to meet and pro-actively assist developers we will be looking to maximise these opportunities and bring many more deals on board.”

The firm was established in 2006 as Calmez, but says it launched the Saxon Trust brand in 2020 to widen its business across a broader suite of loan products.