YBS Commercial Mortgages has boosted its team with the appointment of a new regional director and a commercial lending team to lead its expansion into the Midlands.
The appointments have been made after YBS Commercial Mortgages announced plans in 2019 to open three regional commercial lending hubs in the Midlands, Wales and the South West and the North West.
John Little, regional director, will lead the YBS Commercial Mortgages team based in offices on New Street at the Yorkshire Building Society branch in Birmingham, serving property investors and businesses across the Midlands. John is an experienced commercial property lender with 15 years working at Santander prior to taking up this role.
John said: “YBS Commercial Mortgages is a strong, stable brand with a suite of award winning products and services. I am looking forward to working with investors and businesses in the Midlands who I am sure, will appreciate our approach. I am excited by YBS Commercial Mortgages commitment to the region and by the opportunity to open a new Regional Office and build a dedicated lending team. I am also looking forward to establishing relationships with key partners across the region.”
The Midlands team is completed by Khaild Mahmood and Sophie Jones. Khalid is well known in the Midlands commercial market and brings a breadth of commercial property sector knowledge to the team, having gained experience working in a number of other lenders.
Sophie has been promoted internally within the Society and will provide support to John and Khalid having experience of working with Yorkshire Building Society systems and retail banking experience.
The establishment of the Midlands team completes the first phase of YBS Commercial Mortgages expansion following the recent establishment of regional offices in Bristol and Manchester as well.
YBS Commercial Mortgages is committed to lending £300 million in 2020 in support of its national growth plans.
Tom Simpson, Managing Director of commercial lending at Yorkshire Building Society, said: ‘I am delighted that John, Khalid and Sophie are joining our growing team and I am sure that they will quickly establish YBS Commercial Mortgages as an active lender in the Midlands.