Peer-to-peer lender Landbay has appointed Paul Clampin to the position of chief lending officer.
He joins from Paragon Group, where he was director of mortgage underwriting. He brings 29 years of experience working in the mortgage industry to Landbay, including 18 years at Mortgage Trust.
John Goodall, co-founder and CEO of Landbay, said: “Attracting people of Paul’s calibre is a testament to the strong foundations we have put in place for Landbay and means this business is ready to enter a new phase in its growth.
“Our lending volumes are set to increase substantially over the next 18 months, and I’m sure Paul will do a fantastic job of scaling up our lending capacity, while maintaining the high underwriting standards that form the bedrock of our model.
“The first half of 2015 has seen our senior team grow with a host of exciting names, and we know Paul’s contributions will take us to new heights.”
Clampin added: “There is a lot of excitement building in the buy-to-let lending industry around Landbay and I’m certainly looking forward to playing my part in helping the business to grow. The Landbay model is built on the very compelling combination of an innovative technology platform with experienced and high quality underwriting.
“I’m looking forward to building on what is already in place to help Landbay meet its exciting growth targets.”