Gale’s initial priorities are to build the sales team and a network of distribution partners to work with during the initial roll out of the lender’s products.

He joins from ULS Technology where he was head of sales, with his previous roles including senior sales positions with Axis Bank UK, Magellan Home Loans and GE Money.

Jason Neale, managing director at Quantum Mortgages, said: “We’ve been eagerly awaiting Spencer’s arrival to help get our sales and distribution model finalised and ready for launch.

“Over the past three months we’ve been busy getting all the funding, legal & operational aspects ready so we are excited to start welcoming our launch team, of which Spencer is the first.”

Gale added: “2022 is going to be a huge year for us as we begin our journey of building a new specialist lender.

“We’ve already signed some exciting distribution partnerships and recruited an extremely talented sales team who will add real value to our intermediary partners.

“I look forward to announcing these partnerships over the coming weeks as well bringing on those partners who have expressed a keen interest to work with us.”