Gatehouse Living Group is a vertically-integrated residential real estate investment and management platform, comprising Gatehouse Investment Management and Ascend Properties.

Structure

Gatehouse Living Group holds a unique market position and unrivalled track record, with Gatehouse Investment Management having created four institutional single-family rental platforms and Ascend Properties managing over 10,000 rental homes nationwide.

Group clients include Carlyle Group, Kuwait Investment Authority, PRS REIT, and TPG.

The group has partnerships with the following housebuilders:

Our board

Charles Haresnape

Chairman

Charles joined Gatehouse Bank as Chief Executive Officer in May 2017. Prior to joining the Bank, he was Group Managing Director at Aldermore Bank from January 2011, where he was responsible for residential and commercial mortgages, plus property development. Before joining Aldermore, Charles was with Connells, one of the UK’s largest estate agency groups, where he was Group Mortgage Services Director. Prior to Connells, he was responsible for intermediary mortgage lending at both NatWest and RBS, plus the branch mortgage sales force within NatWest. He has worked for a number of other household names in the UK banking and building society sectors, including Nationwide and HBOS where he was a senior executive, responsible for mortgage sales and portfolio acquisitions. Charles has been Deputy Chairman of the Council of Mortgage Lenders (CML) and Chairman of the Intermediary Mortgage Lenders Association (IMLA).

Paul Stockwell

Group Managing Director

Paul is the Group Managing Director of Gatehouse Living Group. He has been instrumental in creating and growing the business within the UK single-family housing and living sector. Paul oversees the Group and has over 25 years of debt and equity real estate experience in investment, capital markets, development, and asset management. Paul has played a significant role in the growth of the Gatehouse single-family track record, including the strategic vertical integration of Gatehouse Investment Management and Ascend Property Management. Exiting the first UK single-family housing portfolio of scale to Goldman Sachs in 2021 following a 5-year hold, raising capital, and launching single-family strategic joint ventures with institutional investors, including the Carlyle Group, TPG and the Kuwait Investment Authority.

Paul holds a BSc (Hons) in Estate Management, is a member of the Royal Institution of Chartered Surveyors (MRICS) and is a Board member of the UK Single-Family Association (UKSFA).

Danesh Mahadeva

Non-executive Director

Danesh was appointed Chief Financial Officer of Gatehouse Bank in July 2017. He began his career at the Bank as Vice President, Head of Finance in September 2013 and was responsible for managing the finance function.

Danesh has been an active member of key governing committees of the Bank and has worked closely with the Board in developing strategy and financial planning. Prior to joining the Bank, Danesh’s previous roles included working for Barclays Bank Plc across financial and product control. He also worked with Ernst & Young, specialising in the capital markets division.

Danesh graduated with a BSc degree in Management Sciences from the London School of Economics and Political Science, and is a member of the Institute of Chartered Accountants for England & Wales (ICAEW).

Fahed Faisal Boodai

Non-executive Director

Fahed Boodai is the co-founder and Chairman of Gatehouse Financial Group, Chairman of Gatehouse Bank plc and the founder and Chairman of Gatehouse Capital. He is also the Vice Chairman and CEO of Securities House, one of the largest shareholders of Gatehouse Financial Group. With more than 25 years’ investment banking experience specifically within the global real-estate market, he has presided over diverse real estate acquisitions and exits totalling more than US$3 billion. He holds an MBA with a concentration in Finance from Loyola Marymount University in Los Angeles, California and a Bachelor of Science degree in International Business from the University of San Diego. He also occupies a number of external board and director positions. Mr Boodai’s family maintains overall control of the Boodai Corporation, a Kuwait-based holding company with diverse interests including construction, engineering and global real estate.

Gerald Gregory

Non-executive Director

Gerald Gregory is a retired Managing Director of a diverse portfolio of businesses and he has significant strategic and operational experience in large (equivalent FTSE top 100) mutual retail financial services companies. He has extensive experience in strategy development and implementation, risk management, treasury and structured finance operations, marketing and sales. He retired from his executive career in March 2008 and since then has worked in a variety of Non-Executive Director roles mainly, but not exclusively, in financial services. He is very familiar with the UK liquidity and capital regimes and has been approved by the UK Regulator under Senior Managers and Certification.