TAB expands sales team

By Bridging Loan Directory 15th January 2024

TAB, the real estate finance and investment house set to have a £500m loan book in 2024, has made two appointments, Andy Reid and Lyam Denney.

The appointments grow the company’s footprint beyond London and the M25 as well as increase capacity following a series of announcements at the end of 2024.

These announcements include a £300m private securitisation facility from NatWest and new commercial mortgage and fractional investment products.

Reid has been appointed as a Senior Sales Account Manager from GB Bank and will focus on origination and key account development in the Midlands and Wales as well as supporting the London team.

Denney joins as Business Development Manager from Selina Finance and will work closely with sales development director Jon Sturgess and the rest of the origination team to develop new and existing relationships located in the South of England.

Reid has almost 20 years of experience with previous roles at Pivot Finance, Hampshire Trust Bank, Oblix Capital and InterBay where he has focussed on sales and business development roles.

Denney has been working in the industry since 2010 and has worked in similar roles for Everything Financial, TFG Capital Limited and Evolution Money amongst others.

In recent months, TAB has seen substantial growth, increasing its team from 32 to 40 professionals.

Duncan Kreeger, CEO and Founder of TAB commented:

“The last few months have been extremely exciting for TAB as we have successfully launched our new commercial mortgage product, secured funding from NatWest and brought our fractional ownership investment product to market.

As we expand, it is important we grow our team and having added a new Northern business development manager in October, I am pleased we have now added representatives in Wales and the Midlands and the South.

These two hires mean we are well placed for a successful 2024.”