New Business Development Manager appointed for the South and SouthWest

RateSetter Property Finance, the specialist commercial and residential property development arm of RateSetter, has appointed Richard Sollis as Business Development Manager with responsibility for the South and South West. He will be based in RateSetter’s headquarters in London.

Richard, who has enjoyed an extensive and successful career in banking and commercial property finance spanning more than twenty years, previously worked for six years at Santander where he was a Corporate Relationship Manager (Bath and Wiltshire). Prior to that, he was Managing Director of Sollis Property Finance Consultants, which advised on all types of business and property finance, including purchase, restructuring, development and investment.

Commenting on his new role, Richard said: “This is a wonderful opportunity to work within a sector and area of the country that I know well, but with a very different and refreshing financial proposition to offer clients. It is a very exciting time for me and the RateSetter offering, with its fast approval processes, straightforward fee structure and flexibility, simply adds to the attraction.”

Neal Moy, RateSetter’s Head of Property Finance, said: “We are delighted to have Richard join our team. He brings a vast amount of property finance experience which I am certain will help us to expand in the South and South West.”

RateSetter Property Finance offers quick approval for loans from £500k up to £7.5 million per transaction with a maximum of 65% loan to value, or 75% loan to cost. There are no early repayment penalties and Terms and Conditions and all fees are confirmed at approval stage. All property decisions are reviewed by a specialist team who have over 100 years of property finance and banking expertise between them. 

Posted: 29th of March 2017

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