Hampshire Trust Bank (HTB) has appointed Alan Coleman as lending director within its development finance division.

Coleman joins from West One Loans where he was a portfolio manager. He was responsible for taking development finance cases from initial enquiry through to on-going management and subsequent redemption.

In his new role, Coleman is tasked with securing new development finance business for HTB with the aim of developing those relationships into longer-term partnerships.

Commenting on his appointment, Coleman said: “Over the years, HTB has worked to secure its reputation in the development finance market with a strong product offering and bolstered service delivery. With that in mind, I am very excited to be joining the bank at this time.

“Developers and housebuilders, now more than ever, need to be able to work with a lender which genuinely has a strong appetite to lend and most importantly, the funds to match. With HTB ticking both of those boxes, it certainly helps with my task of supporting developers in the pursuit of denting the unrelenting demand for housing in the UK.”

Hampshire Trust Bank managing director development finance Alex Upton added: “Alan’s experience in the property finance market brings huge value to the Development Finance team at HTB. Developing our regional relationships into deeper partnerships is an integral part of our proposition and Alan offers the skills to do exactly that.”