Residential development lender Titlestone Property Finance has recruited Mark Quigley as Relationship Director and Grenville Turner as Chairman.

Titlestone, which was established in 2012 and is backed by Oaktree Capital, has appointed Grenville Turner, who has 40 years’ worth of experience in retail banking and the property sector and is also Non-Executive Chairman of a number of companies, including Zoopla Property Group.

Grenville will be working alongside Robert Orr, Chief Executive, and the senior management team.

“As we move into the next stage of business development we are excited to have Grenville join us. He is a fantastic sounding board for the management team and is a perfect choice because of his wealth of experience in both banking and the residential property sector,” commented Robert Orr, Chief Executive of Titlestone.

Grenville Turner added: “At a time when the level of housebuilding is on the national agenda, Titlestone is helping residential developers’ to finance their development programmes.

“Robert and his team are already making sound decisions, based on detailed market knowledge and are lending to some fantastic clients. The next stage of development will involve widening the net and to explore new areas of the market and new products.”

Mark Quigley, who has over 25 years experience in real estate finance has also been snapped up by the lender from Barclays Bank Plc, where he was head of real estate for the Eastern Region.

“Titlestone has become the leading stretched senior debt provider in the residential development market and Mark will be a fantastic addition to the team with a wealth of contacts and experience.”

Titlestone is one of the country’s leading sources of residential development funding and has over 150 developer clients, where facilities are in excess of £900 million.