Hodge has appointed John Carter to lead its real estate finance business.

Cater joins from Aldermore Bank where he served as commercial director for just over seven years. He has also worked at National Australia Bank as head of CRE.

He brings with him experience in leadership and delivering bespoke property development and investment finance solutions.

Carter’s appointment comes as Hodge launches a brand refresh of its real estate finance division.

Hodge chief executive officer David Landen says: “We’re thrilled to welcome John to the team at such a pivotal time.”

“His appointment underlines our commitment to delivering on our promise of providing fast, flexible real estate finance solutions to support customers with their property development and investment ambitions.”

Carter adds: “I look forward to working with the team to build on that legacy, expand our reach, and deliver even more tailored solutions to developers and investors across the UK.”

Earlier this month, Hodge eased affordability stress rate calculations, which will allow it to grant loans that are almost 20% larger for average customers.