Together promotes Alex Bodie to Director of Corporate and Community Housing

By Bridging Loan Directory 26th June 2024

Property lender Together has appointed experienced finance expert Alex Bodie to head up its combined Corporate and Community Housing team.

Alex will lead a team focusing on providing commercial mortgages of up to £10m and bridging finance of up to £15m, by building strong relationships with corporates and SMEs, social housing and healthcare clients.

A former corporate banker with more than 25 years experience, Alex joined Together five years ago as a corporate relationship director in the North West.

Over the past two-and-a-half years, he has led the lender’s community housing and healthcare team, providing loans to for-profit housing associations, investors, developers and High Net Worth (HNW) individuals building affordable housing across mainland UK.

As Director of Community Housing and Healthcare, he has worked in partnership with specialist lawyers, debt advisers and property valuers to create a strong proposition for property professionals seeking to provide housing for vulnerable people.

In line with goals set as part of Together’s sustainability strategy, since the creation of the channel in 2022, the lender’s finance has supported the development of almost 1,000 affordable homes for over 5,000 tenants such as key workers, formerly homeless people, elderly care home residents, disadvantaged children and adults with additional needs.

Now as Director of Corporate and Community Housing, Alex will oversee a team of nine direct reports, who all have vast knowledge and experience of property finance in their regions, with teams covering Scotland, Yorkshire, the North West, the Midlands, London and the South.

He said:

“I’m incredibly proud of what our Community Housing and Healthcare team has achieved in terms of providing homes for vulnerable people across the country and this knowledge and experience will be invaluable in my new role overseeing the Corporate sector also.

The expanded remit provides the opportunity to build on the strong fundamentals already in place in promoting our corporate proposition.

However, the team will also seek opportunities where Together can continue to support the key sectors of community housing and healthcare, to improve and empower even more communities.”

Alex will report to Marc Goldberg, CEO of Sales and Distribution at Together, in his new role.

Marc said:

“This is a fantastic opportunity to integrate community housing and healthcare into our corporate sales team and build on the incredible work Alex has been doing for the past few years in the sector.

The new role will encourage a joined-up approach, with direct links from the new team to valuation, credit and risk teams, allowing us to make quick decisions and provide the fast and flexible finance that we’re known for.

As a specialist lender, we’ve spent the past 50 years identifying opportunities in niche markets and we are seeing a huge demand for corporate finance as well as from clients looking to develop or acquire much-needed social housing to ease the severe lack of house-building across the UK.”