Rae has been heavily involved in developing business for bridging lenders Cheval and Tiuta over the past three years and held the post of national sales manager at GMAC RFC responsible for developing up to 40% of the lender’s business for sixteen years.
He said: “I am excited with the challenge here at the Dudley. They have a very clear plan for developing their mortgage business and see the intermediary sector as the crucial area they need to develop. The breadth of their offering will surprise a lot of people but their commitment to great service on the back of tried and tested human underwriting is part of the DNA of a mutual lender which has served its local market so well for so long.”
Jeremy Wood, chief executive of the Dudley, said: “Having Gordon join our team is a real plus for us. Gordon has a great track record in the intermediary market and his knowledge and connections will be of tremendous value. Dudley Building Society is committed to the broker community and along with our investment in new IT systems we shall be proactively developing products to meet the changing needs of the broker partnerships for which Gordon will be responsible.”