UK specialist lender Step One Finance Limited (“Step One”) is pleased to announce that Steve Khan has joined the firm in the role of Head of Commercial Development. Steve has over 30 years’ experience in the financial services industry covering various disciplines with market innovators like John Charcol, specialist originators like Platform Homeloans, UCB and Private Label, as well as fixed income capital markets experience with GMAC RFC, Lehman Brothers and Morgan Stanley. Prior to joining Step One Finance, Steve also worked for 6 years with Paratus AMC and most recently with Target Group. Steve’s mortgage experience covers a broad spectrum of mortgage broking, origination, banking, trading and third party servicing.

Michael Childress, Co-Founder and CEO of Step One, commented: “It is fantastic to have someone of Steve’s calibre join the Step One team. Steve has broad experience which has touched most segments of the UK mortgage market over the last 30 years and is ideally positioned to contribute to Step One’s expansion and growth plans.”

Steve Khan, newly appointed Head of Commercial Development for Step One, added: “I am extremely pleased to join some previous work colleagues and the rest of the Step One team at such a strategic point in their journey. I believe this is a unique and critical time in the UK lending market in which Step One is well positioned to participate and innovate. It is a fortuitous moment to join the team and I look forward to the many opportunities ahead.”

In addition to Steve’s appointment, Step One has also hired a number of new members of staff in the Company’s underwriting and operational teams, including:

Nathan Lewis joined Step One in June 2016 as a trainee underwriter in the Company’s underwriting department.

Amber Saghir joined Step One in July 2016 as a risk analyst with a focus on regulatory compliance in the Company’s risk and operations team. Amber held previous roles with Lloyds Bank and Lifetime Legal.

Bethany Hudson joined Step One in August 2016 as an accounting apprentice and will be supporting the Company’s finance team.

The team expansion follows on the back of the successful completion of a significant funding round in mid-May and is part of Step One’s growth strategy. Step One is expecting to make additional hires over the coming months.

Michael Childress, Co-Founder and CEO of Step One, commented: “We are very excited to be able to welcome such a talented group of individuals to the Step One team.”

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Please note that Step One Finance does not charge up-front fees for any loan enquiries or applications. You should be wary of any parties purporting to arrange a Step One Finance loan who are seeking to charge up-front fees. Please contact us if you have any doubts regarding a Step One Finance loan application. Customers can also obtain additional information on the FCA’s website on the dangers of Loan Fee Fraud by clicking here.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT IF YOU ARE EXTENDING THE TERM OF THE DEBT YOU MAY BE INCREASING THE TOTAL AMOUNT YOU NEED TO REPAY.

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