CapitalRise appoints new lending director

CapitalRise has announced the appointment of Lyndon Miles (pictured above) as its new lending director.


The property lending platform has also bolstered its team with the hiring of Dinesh Gautam as a deal analyst as it looks to handle greater deal volume as it expands its portfolio.

Lyndon joins CapitalRise from Reditum Capital, where he was an investment analysis director and worked on a number of property developments and transactions. 

Dinesh also arrives from Reditum, where he was an investment analyst. 

Both join CapitalRise as it launches a new sales period loan offer for prime property. 

The loan offer lasts until 30th September 2018 and sees rates start from 0.61% pcm for 55% LTV, 0.69% pcm for 65% LTV and 0.77% pcm on loans at 75% LTV.

All these loans have a 1% arrangement fee and there is a 0% exit fee on the 55% and 65% LTV products, with a 1% exit fee on the 75% offering.

"Lyndon and Dinesh are our latest key hires to fulfil our aggressive growth strategy,” said Uma Rajah, CEO and co-founder of CapitalRise.

“Further roles will be recruited over the coming months as we continue to service brokers and developers with their prime property financing needs. 

“We have an extremely attractive pipeline of prime property loans valued in the tens of millions and are increasing this rapidly. 

“Lyndon and Dinesh are pivotal to achieving our ambitious goals.”

Lyndon added that working within a group which had a wealth of experience and a strong track record in the UK prime real estate market was a significant competitive advantage. 

“Being able to focus within a niche area of the UK real estate debt-funding market creates opportunities. 

“I look forward to being part of the continuing success of CapitalRise and to growing the lending book, as we provide funding solutions that are increasingly difficult to access.”

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