Magnet Capital expands team

Magnet Capital has expanded its underwriting and operations team with the appointment of Deborah Field as operations executive.

The development finance lender’s recent strong performance and ambitious future plans has once again led Magnet Capital to expand its team to meet the increasing workload.

Field has considerable property expertise and experience having initially qualified as a property solicitor at a top 10 international law firm and then holding a number of positions within the Real Estate sector. Notable roles include head of the in-house legal team at a property management company and as the sole in-house solicitor for a private sector company that helped public sector bodies to unlock the value within their property assets.

Magnet Capital has seen stellar growth since the property market reopened in May 2020. The level of new business written has risen dramatically with enquiries also up significantly year-on-year. Magnet Capital has had all its loans that started pre 2020 redeemed and has seen a high level of repeat borrowers, with some on their third or fourth loan. The development finance lender has attributed this growth to its consistent approach to lending through the pandemic and its hands on approach

Sam Howard (pictured), managing director at Magnet Capital, said: We are delighted to be able to hire someone of Deborah’s calibre. Deborah’s experience of both working for a leading law firm and inhouse for property companies, underlines our belief in hiring only the brightest and best to provide a first class service.

“We understand how much value our borrower and broker partners place on Magnet Capital’s deep industry knowhow, expertise in the property sector and the team’s ability to act as a finance partner. Deborah’s experience will bring an additional skill set and complement the existing operations team.”