Sancus Lending UK has launched a new social housing division and appointed Alex Bodie (pictured) as social housing director.
Bodie brings over 25 years of experience in financial services, having held senior roles in consumer and corporate lending.
In his previous position, he set up and led a social housing lending division and worked on funding homes for vulnerable people across the UK.
Bodie will be based in Manchester and will lead the social housing offering across England.
Bodie said: “I’m delighted to be spearheading the new social housing division at Sancus.
“We want to build a brand in social housing that’s respected, scalable and focused on doing the right thing – from legal due diligence to lending structures.
“We don’t build enough affordable homes in the UK and there is a clear gap between high street banks and the needs of smaller, dynamic housing providers.”
Bodie added: “At Sancus, we have the flexibility and intent to fill that space, responsibly and at scale.”
Alex Garland, commercial director at Sancus Lending UK, said: “We are thrilled that Alex has joined Sancus – having worked with him previously for over five years, I have seen firsthand his genuine passion for the social housing sector and its fundamental importance to the UK housing market.
“He is an industry expert in this field, a consummate professional who is highly motivated to succeed, so the opportunity for him to come aboard and lead our social housing proposition has aligned perfectly as we enter our next phase of growth at Sancus.”