Sancus Lending (UK) Appoints Richard Whitehouse Managing Director

Richard Whitehouse in front of bookshelf

AIM listed property lender, Sancus Lending Group, has appointed Richard Whitehouse as Managing Director of its UK business.  

The specialist property development and bridging provider’s recently published interim results show £86m of new loan facilities written in the first half of this year, a growth of 60%.  

Richard, who holds an MBA from Birmingham University Business School, joined Sancus in 2016.    Prior to joining Sancus, Richard has held senior management roles in both Bank and non-bank lenders as well as experience of working in the Republic of Ireland and Germany.  Richard has been a board director of Sancus Lending (UK) Ltd since December 2016 and has also been a Non-Executive Director for one of the Group’s investment companies. 

Speaking about his appointment Richard said “I am absolutely thrilled to be asked to lead the UK business.  We have grown our UK team significantly over the last year, with new faces in our Origination, Loan Delivery and Loan Management teams. Those people are supported by the appointment of several in-house property development specialists with direct industry experience.  All of which means we are well set to continue the growth trajectory of the business”  

Rory Mepham, (CEO, Sancus Lending Group) adds “Richard has been key in our recent growth in the UK and his new position coincides with significant increased activity in the business. Our aim is to provide the property sector, not just with finance but also with knowledge, support and certainty, characteristics we think will be increasingly important at this stage of the economic cycle.”  

Richard continues, “I look forward to continuing to grow the UK business which will include further recruitment of experienced property lenders to continue to support our introducers and clients.” 

 

All news
Risk Warning: Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Funding through Sancus is entirely at your own risk and the decision whether or not to is solely yours. The return on any funding opportunity is dependent on a number of factors and cannot be guaranteed. We cannot give assurances as to the creditworthiness of any borrowers, the collectability of any repayment, the quality and accuracy of any information obtained in respect of any funding opportunity or the enforceability of any security. In the event of a default, the timescales and outcome of any recovery is inherently uncertain. By using the platform, you knowingly accept the foregoing risks and you further accept that the role of Sancus is limited to providing an online marketplace for users and that information obtained from Sancus does not constitute legal, financial, tax or other advice or recommendation in relation to a funding opportunity, and you will conduct your own research and form your own opinion as to whether or not to participate in a funding opportunity. There is no recourse to the Financial Services Compensation Scheme, or other such government run compensation schemes. The UK platform is operated by Sancus Lending (UK) Limited, a UK incorporated company which is authorised and regulated by the Financial Conduct Authority, firm reference number 593992.