In their new roles, they will focus on providing flexible and tailored loan facilities for new-build, conversion, or refurbishment developments of residential, mixed-use, and PBSA schemes.
David joins Aldermore from Hampshire Trust Bank, where he was regional lending manager for the North.
He has 34 years of experience in banking, mainly in the commercial and real estate sectors.
Prior to Colin’s appointment, he worked for a variety of financial companies, including Nationwide, HSBC, Santander, and NatWest.
His most recent role was business development manager at Invest and Fund, covering the South West, South East, and South Wales regions.
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David said: “It’s exciting to begin my new role as property development manager at Aldermore.
“I’m committed to supporting our developers and intermediaries in realising their finance needs and seek to further strengthen Aldermore’s development finance offering.”
Colin added: “I look forward to settling into my new role, utilising my years of experience of the commercial and residential sectors to support the development finance team in the South West and Wales.”
This follows the appointment of Iain Bryson as head of development and specialist property in June 2020.
Iain said he was delighted to welcome David and Colin to the development finance team.
“They both have extensive experience in supporting small- to medium-sized businesses in the commercial and real estate sector, and I am certain both will complement Aldermore’s established development offering.”