Hampshire Trust Bank (HTB) has invested in its development finance proposition by almost doubling the team size.

Alex Upton (pictured) has been appointed managing director of the development finance division.

Other new additions include lending directors, eight new relationship managers and two business development managers (BDMs).

Upton said: “Here at HTB, we have always provided an exceptional proposition and service to developers. This won’t change.

“However, we recognise increased demand from brokers for a development finance partner who can support them throughout the process from initial enquiry to completion and beyond.

“This is why we have aligned the business to actively recognise the value that intermediaries bring to the market.

“I’m looking forward to being able to offer full and seamless support to our borrowers and our broker partners from initial land purchase, through development and into either development exit or term investment.

“I’m proud to be leading such an energised, enthused and highly capable team of experts. The market is buoyant and I’ve got a spring in my step for 2022.”