MSP Capital promotes key staff

By Bridging Loan Directory 17th January 2023

Property finance specialist MSP Capital has promoted four long-standing team members to newly created associate director roles.

As well as recognising the commitment of the individuals, the move is designed to strengthen the 42-year-old lender’s strategic goals and enhance its flexibility, responsiveness and entrepreneurship in the market.

The four appointees have extensive experience across the firm’s activities in finance, credit, underwriting and valuation.

Chartered accountant Nicky Hollamby, Associate Director of Finance, was previously an auditor at Grant Thornton where she worked with clients ranging from small owner-managed businesses to PLCs.

Since joining MSP Capital in 2017, she has grown the finance department’s ability to provide real time data and analysis to inform decision making.

In her new role, Nicky will oversee the firm’s financial operations including a strategic enhancement of the capital structure that provides certainty of funds for lending activities.

Also stepping up are chartered bankers Lee Merrifield and Chris Sheppard, who previously spent 28 and 22 years respectively at top-five high-street bank NatWest.

Both worked extensively with real estate clients of the bank, gaining in-depth experience of both the residential and commercial property sectors.

Lee, who like Nicky joined MSP Capital in 2017, focused largely on funding, risk assessment and credit control for clients in Bournemouth and Southampton.

He now moves from the post of Underwriting and Credit Manager to become Associate Director of Credit.

Chris, a member of MSP Capital’s Underwriting and Business Development team since 2016, is the firm’s new Associate Director of Underwriting.

Offering a more strategic remit, the new role will enable Chris to continue to apply his industry knowledge in response to the needs of current and prospective clients.

A chartered surveyor since 2010, Chris Wright becomes Associate Director of Valuation, tasked with identifying growth areas in the property industry.

He joined MSP Capital in 2018 with career experience in providing secured lending valuations on behalf of all major UK banks.

He also advised many commercial and residential developers who have gone on to become clients of the firm.

In his new role, Chris will build strategically on his successful track record in managing valuer relationships and providing internal consultancy advice and quality assurance reviews ahead of lending.

MSP Capital’s Managing Director Martin Higgins said:

“Many congratulations to all four of our new associate directors.

Each of them is an experienced, talented and dedicated professional who has proven their ability to achieve the best outcomes for our clients time and time again.

Their appointments and enhanced leadership responsibilities reflect our desire to drive the business forward strategically and strengthen our position as the lender of choice for development and bridging finance.”