Leading specialist property development finance provider, CrowdProperty, has appointed a new Head of Intermediaries as it sets its sights on doubling its broker network.

Steve Smith joined the company earlier this month (February), bringing with him a wealth of sales, finance and business development experience established over the last 25 years. More significantly, Steve spent almost a decade working as a broker, providing him with invaluable insight he is already implementing in his new role.

The new appointment comes just a fortnight after CrowdProperty was awarded £3million investment from Canada’s Flow Capital Corp. The funding will be used to implement a raft of improvements across its existing platform and application processes, as well as to spearhead company-wide expansion over the next three years.

“It’s a really exciting time to be joining CrowdProperty - the recent investment is being used to fuel widespread change, which will enable us to continue to provide an efficient, first class service and quality products, all underpinned by the latest technologies,” says Steve.

“Having worked as a broker for several years, I inherently understand the broker world and am looking forward to leveraging this first-hand insight to enable CrowdProperty to forge greater links with brokers UK-wide.”

Damon Walford, Chief Commercial Officer at CrowdProperty, said: “It’s great to have Steve on board. His experience speaks for itself, but more importantly, his broker background will enable us to develop even stronger relations with our broker network, with a view to doubling it and ultimately generating more than £2billion in broker applications.

“While we may be a finance and tech company, we understand the importance of establishing ‘real life’ human relationships with brokers, and with Steve’s experience and personable approach, it’s an area we can really excel in. At the same time, we’re also continuously reviewing and refining our platform to provide our brokers and their clients with a premium service and make their lives easier.”

Established in 2014, CrowdProperty has reported continuous development and growth, featuring in the FT1000 Europe’s Fastest Growing Companies list for three consecutive years and The Sunday Times 100, Britain's fastest-growing private companies.

In a decade of operations, the company has funded the development of 3,579 homes across the UK, which equates to £842million of property funded. With £480million in facilities agreed, the business continues to contribute towards the high demand for housing stock in the UK.

23 Feb 2024

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