Glenhawk appoints new Head of Credit

Short-term lender Glenhawk has announced it has appointed John Butt as Head of Credit.

Butt joins the newly-created role from Foundation Homeloans and has more than 20 years’ experience in specialist lending. Butt will work closely with the underwriting and sales team to improve the application and lending process, as well as assisting with complex enquiries, approving high value loans and agreeing policy exceptions. He will be based in London and report to Chief Operating Officer Damani Johnson.

In previous roles at Foundation Homeloans and prior to that, Vida Homeloans, Butt was responsible for risk analysis and credit policy across buy-to-let, residential, commercial and mixed-use assets.

Glenhawk Chief Executive Guy Harrington said “John’s proven track record establishing credit policies and successfully advising on portfolio transactions and complex credit situations will be essential as we look to put in place the systems and processes to successfully launch new products later this year.”

“Delivering on our growth ambitions will require us to qualify an even higher volume of applications, whilst maintaining the highest standards of client service, and John’s appointment is key to ensuring we have the necessary infrastructure to achieve this.”