Landmark hires from Wainhomes

Bolton-based Landmark Investments Group has swooped on Wainhomes to hire its new group finance director, Andrew Savage. He has spent the last 11 years as finance director at the Birchwood-headquartered housebuilder, prior to which he worked for Taylor Wimpey.

Landmark has built a reputation in ground rent investment, placing £185m of ground rent deals in solicitors’ hands in the year to September 2016. Savage takes up a newly created role intended to strengthen financial and management controls across the company’s various arms.

The role will also cover Landmark Development Solutions, a new offering being rolled out to residential developers.  LDS will contractually underwrite entire housing schemes pre-construction and take a profit share from sales. At the end of construction and marketing, LDS will acquire any unsold units.

Mark Hawthorn, managing director of he group, said: “Andrew’s expertise will be invaluable as we take LDS forward, not just regionally but nationally. We believe we have a very strong offer to housebuilders, providing a whole new route to financing developments.”

Your Comments

Read our comments policy

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 12,000 property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 12,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy

Name*
Would you also like to receive our free PlaceTech Weekly newsletter, covering innovation in property?*