Chetwood Bank has employed industry stalwart Richard Lawton to move up its new bridging proposition.
Richard Lawton, Chetwood
Lawton (pictured) has labored within the lending marketplace for 30 years, with 17 of these spent within the bridging sector, together with roles at Precise Mortgages and OSB Group.
He joins Chetwood Bank from Morpheus Lending the place he was director of operations.
Under the title of director of bridging, Lawton might be answerable for launching and overseeing the financial institution’s bridging proposition, which might be accessible within the coming months.
The proposition will characteristic a versatile lending coverage, with a give attention to offering surety of funding to the financial institution’s introducers and their shoppers. The financial institution might be initially launching into the non-regulated residential sector.
Lawton says: “This is a very thrilling alternative which I simply couldn’t flip down, having efficiently launched bridging propositions with different lenders.
“Our purpose is easy: to offer a five-star service to brokers and their shoppers, making the journey as seamless and as fast as doable for everybody concerned.”
Chetwood Bank chief govt Paul Noble says: “We’re delighted to welcome somebody of Richard’s calibre to the crew. He has a confirmed observe file of launching profitable bridging propositions to market, so we’re thrilled to have him on board to additional help the financial institution’s progress aspirations.”