Devraj Ray (pictured) joins as a senior associate.
More than a third of survey respondents said they would consider taking on a major self-build project to create a property for themselves or a family member to live in or to sell.
Ashley Ilsen, chief executive at Magnet Capital, said: “Since launching, we’ve established a name and a brand that is synonymous with quality in the development finance sector."
Tony Sutton, managing director of Specialist Financial Services, said: “We are thrilled to have been granted packager status with Roma Finance and look forward to a fruitful relationship working alongside them in the future."
As well as open market homes, the site will also offer affordable Rent to Buy homes in collaboration with national provider Rentplus.
According to Blend, the direct authorisation will help consolidate its position as a market leader for syndicated development finance loans in the UK, and support the rapid expansion of its borrower base.
Yann Murciano said: "By launching new revised term sheets that show terms with rolled-up interest and the retained interest equivalent terms we strive to bring greater transparency into this market."
Fleet Mortgages has made a series of criteria changes to its range of products, including its exposure limits for developments.
The loans will be used to fund residential development projects in North Devon and the Cotswolds.
Avamore Capital has provided a £705,000 loan facility for the development of a part-complete project purchased at auction.