Specialist property finance broker Word On The Street has appointed Jack Medlicott (pictured) as partner.
Medlicott has spent over a decade working with lender clients, ranging from institutional PLCs and larger bridging providers to smaller family offices and start-ups.
He has overseen lending books of up to £200m, across buy-to-let, bridging, development and investment finance.
At Word On The Street, Medlicott will play an important role in evolving the broker’s global HNW and non-dom service proposition, as well as enhancing its underwriting and risk management capabilities.
He said: “I am joining at a time of massive success for the business. Michael and the team have created something special, and I look forward to this opportunity to contribute to its exciting journey.
“Over the years, I have fine-tuned my ability to review and improve day-to-day interactions between stakeholders, resulting in swifter, more streamlined lending.
“In my new role, I will seek to remove traditional blockages by promoting enhancements to processes and added perspective.
“I’ll also be adding value from a risk management point of view, utilising my extensive experience with loan structuring, including complex land and title considerations.”
Michael Street, founding partner, said: “I am thrilled that Jack has come on board; he is exactly the type of hire that fits in with our non-standard approach to finance broking—but addresses a real need for transformation in our industry.
“By combining Jack’s expertise, we’re adding to the cross-disciplined make-up of Word On The Street that is part of our secret to success.
“We don’t just want to arrange finance, we want to improve and enhance the experience, and this can only be done by thinking outside of the box.
“I have no doubt that Jack’s background and skillset will be an exciting development not only for us as a business, but for all of our lenders and professional partners.”