Avamore Capital

Avamore expands underwriting team

Avamore Capital has appointed Chris Newman (pictured above) as a senior underwriter, who will work alongside recently promoted head of underwriting, Philip Gould.

Chris joins Avamore from LendInvest, where he was a development finance underwriter.

Prior to that, he worked in various property finance roles at companies, including Nationwide and RateSetter, where he dealt with retail lending, portfolio management and credit risk.

In his new role, Chris will draw upon his experience and knowledge to support Avamore as it prepares for a post Covid-19 climate.

“Avamore has a high-profile presence in the industry, something which has always caught my attention,” said Chris.

“Within the space of a few years, the company has become a strong player in the lending market, and I look forward to pursuing my career here, while also contributing to Avamore’s continuing growth.

“[Avamore] takes a very considered and detailed approach to underwriting to ensure all parties start the development journey having assessed all risks, as well as opportunities.”

Philip Gould, head of underwriting at Avamore, added: “We are excited to have Chris join the team.

“His varied experience in the industry is an asset to our underwriting team and will be essential in the forthcoming months as lockdown restrictions are eased and the economy becomes more active again.

“Chris will be fundamental in helping the business reach its 2020 targets, and we look forward to working with him as part of the Avamore team.”

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