BLG Development Finance announces new appointment

By Bridging Loan Directory -

The residential development finance lender, BLG, today announced the latest industry figure to join their expanding team.  Neil Richardson has been appointed as BLG’s new Property Risk Director; he brings with him over 16 years’ experience gained in senior management roles with InterBay Commercial, Savills and Edward Symmons.

Stuart Parfitt, Managing Director of BLG, said:

“I’m delighted to welcome Neil to the BLG team.  Neil brings with him a wealth of property risk experience, being an MRICS Chartered Surveyor and having worked for large lenders over the past 10 years.  BLG provides developers with a fast, flexible and reliable source of development finance and I know having Neil on board will add value to our developer and broker partners; his property and building knowledge really is second to none.”

Neil Richardson, Property Risk Director for BLG, commenting on his new appointment said:

“I’ve known of the good reputation held by the BLG team for some time and I’m delighted to be joining them in this period of growth for the business.  Not only will I be responsible for formulating property and development risk strategy and policy, an important part of my role will be to work with our developer partners, understand their project requirements and provide the utmost support to them from a risk and funding perspective.”