London-based independent mortgage broker, Altura Mortgage Finance, has launched a new brand named Altura Specialist Finance.
The new brand will provide bespoke financing options to individuals and companies of varying sizes in the four core areas of bridging, commercial, development and property portfolio finance.
The business has been set up as an appointed representative of the principal firm and will operate as its own entity and brand.
This new brand will be led by specialist property finance expert, Guy Nyirenda, who joined Altura last year as head of specialist & commercial finance.
Having spent time using his contacts to build a lending panel and process to properly service clients, Nyirenda believes the timing is ideal to launch the new brand.
Nyirenda said: “I was very excited to come on board at Altura last year to launch their specialist lending proposition.
“Having spent time getting to know the business and setting up the lending panel, I am delighted to be launching Altura Specialist Finance at the perfect time.
“The past 12 months have been particularly challenging for the mortgage and property markets and are likely to remain so for a while yet.”
Nyirenda added that it is often during such times that specialist lending comes to the fore, providing solutions where mainstream lenders no longer can.
He also said that specialist lending also allows property professionals to take advantage of the opportunities such markets present.
“Working with our panel of lending partners and introducers to provide a great outcome for our client is paramount to my vision for the business moving forward,” he added.
Altura Mortgage Finance Operations director, Francois Taljaard, will join Altura Specialist Finance as part of the management team.
“Launching a specialist finance proposition is a key part of Altura’s strategy and Guy is the perfect person to have onboard to do so," he said.
“His vision around the brand, strategy and marketing have been crucial, as are, of course, his contacts, reputation and experience.”
tom.dunstan@ft.com
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