Pluto Finance has appointed Chris Scott as Lending Director joining the firm’s London-based team.
Chris joins from Octopus Real Estate where he spent five years, with his most recent position as Senior Business Development Manager covering London.
Chris comments: “I’m looking forward to working with Pluto Finance and their market leading proposition. I have always had a strong focus on customer service and delivering on client’s expectation and Pluto Finance are a firm that very much shares that passion.
“The team are well respected in the market and the appetite to lend is extremely exiting. The increased focused on bridging is well timed as I feel there is still a gap in the market for a lender willing to take a practical, commercial and streamlined approach to lending. In uncertain times there is undoubtedly a great opportunity for specialist development and bridging finance providers to flourish. I believe the product and service offering here at Pluto Finance is ideally placed to take advantage of this.”
Chris joins Pluto Finance’s 20-team which specialises in providing Stretch Senior development finance, Senior Development Finance and Bridging Loans. With backing from some of the world’s largest institutional investors, Pluto Finance is on track to lend over £500m this year.
Pluto Finance has recently launched its refreshed bridge lending product range with the ability to price as low as 0.49% per month and lend up to 77.5% LTV. The team can now offer 2-year bridge loans as standard with loan sizes from £1m to £30m+.