Chetwood Financial encourages industry expert out of retirement

He will chair the bank's mortgage advisory board

Chetwood Financial encourages industry expert out of retirement

Alan Cleary (pictured), a renowned expert with over 30 years of experience in the mortgage industry, has come out of retirement to chair Chetwood Financial’s mortgage advisory board.

Cleary, a prominent figure in the intermediary mortgage market, served as head of sales at BM Solutions and as director of Halifax Intermediaries before becoming managing director at Exact Mortgage Experts. He is best known for co-founding Charter Court Financial Services in 2008 and for his role in delivering Precise Mortgages’ proposition.

Following the merger of Charter Court Financial Services and OneSavings Bank in 2019, Cleary led the group’s mortgage brands – Precise Mortgages, Kent Reliance for Intermediaries, and InterBay Commercial – until his retirement in 2021.

In his new role, Cleary will guide the commercial strategy for both ModaMortgages – a new specialist buy-to-let lender set to be launched by Chetwood Financial – and CHL Mortgages for Intermediaries (CMI) – a BTL mortgage provider recently acquired by the Wrexham-based digital bank.

“Alan Cleary is one of the biggest names in the specialist lending sector,” commented Andy Mielczarek, founder and chief executive of Chetwood Financial. “His experience in leading and scaling mortgage lenders is second to none, and we’re delighted to have him chairing our mortgage advisory board.

“There’s absolutely no doubt that his strategic guidance will prove invaluable as we look to break new ground with ModaMortgages and CMI.”

Commenting on his appointment, Cleary said he did not intend to come out of retirement, but the Chetwood offer looked “like a special opportunity.”

“I’m excited by the vision that the bank has for disrupting the market with ModaMortgages and CMI,” he said. “Running multiple lenders under one roof is a challenge I’m very familiar with, and I can’t wait to get involved and offer my experience as we look to scale both propositions in the intermediary mortgage market.”

Chetwood Financial also recently announced the appointment of another industry veteran, Roger Morris, as its group distribution director.

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