HTB announces new leadership team for its property divisions

Hampshire Trust Bank (HTB) has announced two senior appointments in its property finance divisions to support its growth strategy.

Alex Upton, previously head of the development finance division, has been appointed managing director of specialist mortgages.

Neil Leitch, formerly the commercial director of the same division, now steps into the role of managing director of development finance.

Upton, who joined HTB in 2018, commented on her new role: “I am proud to leave the development finance division in great shape – the new team is brimming with talent and capability.

“But I’m thrilled to be swapping my comfy steel toecaps for my blister inducing heels as I return to my roots in specialist mortgages to take HTB’s biggest business to the next level. Close broker relationships and consistent, first class service are the foundations of the division’s current and future strategy. No change there.”

Leitch thanked his predecessor and shared his vision for the future: “I’m stepping in to lead a department that’s already in an excellent position.

“It’s been a pleasure working with Alex and I’m really looking forward to taking the helm in development finance as we continue to support a broad range of developers to build more much needed homes across England & Wales.

“HTB is uniquely positioned to deliver genuinely joined up lifecycle lending across development finance, bridging and specialist mortgages.”

Charles McDowell, chief commercial officer of HTB, commented on the new appointments: “Talent is HTB’s currency.

“Alex and Neil’s commitment to the bank has been fundamental to our rapid growth and their continued close collaboration will underpin HTB’s formula for success – to put both brokers and borrowers at the heart of everything we do.”