Together has promoted Alex Bodie (pictured above) to director of its corporate and community housing team.

Alex will lead the division that proves commercial mortgages of up to £10m and bridging finance of up to £15m.

The former corporate banker joined the specialist lender five years ago as a corporate relationship director in the North West.

Over the past two-and-a-half years, he has led the company’s community housing and healthcare team, providing loans to for-profit housing associations, investors, developers, and HNW individuals building affordable housing across mainland UK.

In his new role, Alex will report to CEO of sales and distribution Marc Goldberg, and will oversee a team of nine direct reports, with teams covering Scotland, Yorkshire, the North West, the Midlands, London, and the South.

“I’m incredibly proud of what our community housing and healthcare team has achieved in terms of providing homes for vulnerable people across the country, and this knowledge and experience will be invaluable in my new role overseeing the corporate sector also,” said Alex.

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“The expanded remit provides the opportunity to build on the strong fundamentals already in place in promoting our corporate proposition.

“However, the team will also seek opportunities where Together can continue to support the key sectors of community housing and healthcare to improve and empower even more communities.”

Marc added: “This is a fantastic opportunity to integrate community housing and healthcare into our corporate sales team and build on the incredible work Alex has been doing for the past few years in the sector.

“The new role will encourage a joined-up approach, with direct links from the new team to valuation, credit, and risk teams, allowing us to make quick decisions and provide the fast and flexible finance that we’re known for.

“As a specialist lender, we’ve spent the past 50 years identifying opportunities in niche markets and we are seeing a huge demand for corporate finance as well as from clients looking to develop or acquire much-needed social housing to ease the severe lack of housebuilding across the UK.”

Since 2022, the lender’s finance has supported the development of almost 1,000 affordable homes for over 5,000 tenants such as key workers, formerly homeless people, elderly care home residents, disadvantaged children, and adults with additional needs.