Andy Scott, Octopus Real Estate

Octopus Real Estate names new head of residential development



Octopus Real Estate, has strengthened its development lending team with the appointment of Andy Scott (pictured above).

In his new role as head of residential development, Andy will be responsible for the day-to-day management of the team and expansion of the product base.

He joins from Secure Trust Bank, where he was head of real estate finance for the Midlands and South division.

Before that, he worked at Santander, Lloyds and HBOS.

“I am delighted to have the opportunity to join the residential development team and help drive activity in the market,” he said.

“I look forward to working with this talented team and seeing what we can achieve this year.”

Benjamin Davis, CEO at Octopus Real Estate, added: “Welcoming Andy to the team is perfectly timed at the start of an exciting year for our development lending business.

“Andy has a wealth of experience in a variety of product areas, which will help us to expand our product base and increase our lending portfolio.

“We are planning to take full advantage of the opportunities that present themselves in the residential lending space.”

To date, the development lending team has focused on supporting customers who operate in the residential and student accommodation sectors.

The lender is working on expanding its product offering further into the development of other asset classes.



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