He joins the business after spending four years in senior roles at the government’s housing accelerator, where he helped deliver more than £2bn of development finance joint ventures alongside private and public sector partners.
Ben, who has worked in the real estate finance market for 20 years, is set to form alliances with lenders and capital providers while at LDS, combining sales guarantees and development debt to harness the potential for SMEs to build more homes.
He will be based in LDS’ new offices within the Shard Quarter, London Bridge.
“I love the product” explained Ben, “it’s just what the market needs — a genuinely credible piece of innovation with a hugely important purpose to help SMEs build more new homes.
“As well as improving lenders’ credit profile, the sales guarantee releases cash to allow SMEs to build more and quicker.
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“This combination is powerful in even the most challenging market conditions, so we are going to be busy.”
Ben will start by recruiting, in which he aims to build a diverse and creative team while the company grows.
Mark Hawthorn, CEO at LDS, added: “Ben’s pedigree in development finance and product creation presents an ideal combination for LDS.
“Leading our operations in London and the South, he is already making a noticeable difference to the team; helping to bring our offering to more lenders as we continue to reframe the development finance landscape.”