Chetwood Bank has employed trade stalwart Richard Lawton to head up its new bridging proposition.
Lawton (pictured) has labored within the lending market 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 will probably be answerable for launching and overseeing the financial institution’s bridging proposition, which will probably be accessible within the coming months.
The proposition will function a versatile lending coverage, with a deal with offering surety of funding to the financial institution’s introducers and their purchasers. The financial institution will probably be initially launching into the non-regulated residential sector.
Lawton says: “This is a extremely thrilling alternative which I simply couldn’t flip down, having efficiently launched bridging propositions with different lenders.
“Our aim is easy: to present a five-star service to brokers and their purchasers, 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 group. He has a confirmed monitor file of launching profitable bridging propositions to market, so we’re thrilled to have him on board to additional assist the financial institution’s development aspirations.”
