One 77 Mortgages has created a specialist finance division headed up by Craig Taylor.
Taylor (pictured) was previously Clifton Private Finance senior finance broker.
The One77 specialist team aims to grow the firm’s market share in bridging, commercial and development finance, as well as bolstering its second charge and commercial business.
The move means One77 will handle these sectors directly rather than having to outsource to other firms.
One77 also wants to create more specialist departments within the business.
The broker has also recruited a digital marketing manager to increase the presence of the website to the public.
The firm also wants to hire around 13 advisers in 2018, taking total staff levels to nearly 50 by the end of the year.
Taylor says: “The short-term finance market is booming, with large lenders posting record business numbers for 2017.
“As such it is the perfect time for myself and One 77 to bring fee-free, expert advice to our clients.
“I look forward to working with both my introducers, lenders and clients over the coming months.”
One77 managing director Alastair McKee says: “Craig brings a wealth of knowledge and experience in this sector dealing with commercial, development and bridging finance along with other specialist areas.
“Craig will be tasked with growing the brand in this area and building a specialist broker team. Watch this space!”