Redwood Bank is strengthening its regional support for brokers across the South West and South Wales as it sharpens its focus on flexible funding for complex property finance.
The specialist lender has appointed Josh Parker (main picture) as regional development manager for the two regions, making him the primary point of contact for brokers as demand grows for tailored commercial and residential investment solutions.
Parker joined Redwood in January and brings more than a decade of experience in specialist property finance.
He has held senior business development roles at lenders including Hodge Bank and Fleet Mortgages and holds a Diploma for Financial Advisers, a Diploma in Mortgage Advice and Practice, and Certified Practitioner in Specialist Property Finance (CPSP) status.
ON-THE-GROUND SUPPORT
His role is designed to give brokers and their clients dedicated, on-the-ground support for complex commercial lending and residential investment cases, where structuring and service are often critical.
Parker says: “I’m thrilled to join the team and I’m looking forward to the challenge of helping brokers meet the more complex investment needs of property landlords and commercial property borrowers, where service and flexibility matter more than rate.
“Redwood is a specialist bank and can handle the complex deals that I’m excited to support on.”
AFFORDABILITY PRESSURES
Redwood says the appointment forms part of a broader strategy to deepen broker relationships in regions where specialist property finance demand is increasing and affordability pressures are intensifying.
Mark Dobson, head of business development, South and London, adds: “Josh’s expertise makes him a fantastic addition to our team.
“His role will be key in expanding our support for brokers and clients in regions where we see growing demand for specialist property finance and where debt service coverage is under pressure.
“It’s an exciting time for us, with recent lending updates allowing us to offer more tailored solutions to portfolio landlords and commercial property borrowers alike.”
LENDING ENHANCEMENTS
The appointment coincides with a series of lending enhancements across Redwood’s residential, semi-commercial and commercial ranges.
Within its commercial proposition, the bank has extended the maximum mortgage term from 25 to 30 years and reduced minimum debt service coverage ratios for both commercial investment and owner-occupier lending.
Commercial mortgage interest rates have also been cut, giving brokers greater flexibility when structuring deals and improving access to competitive funding for clients navigating more complex borrowing requirements.
