Reed has joined the lender after working in the finance industry for over 20 years, with a focus on bridging and development finance more recently.

In his new position, Reed will be responsible for underwriting and completing case volumes.

Gary Bailey, managing director of Hope Capital, added: “We are thrilled to have been able to appoint Jon as senior development underwriter and are looking forward to seeing his journey unfold.

“This is a really exciting time for Hope Capital and by Jon joining us, we are better positioned to take on increased business volumes.”

Reed added: “This is a brilliant opportunity for me to use my previous experience to help contribute to the lender’s success.

“Speed and efficiency are key when it comes to bridging and I’m excited to be part of a company that recognises this, as well as one which places product innovation and service excellence at the forefront of everything they do.”