ModaMortgages and CHL Mortgages for Intermediaries combine sales teams

Chetwood Bank has announced it is combining its ModaMortgages and CHL Mortgages for Intermediaries’ sales teams as part of its 'multi-brand strategy'.

The new structure will see two national sales managers, one of whom will provide key account relationship support, leading a team of five field-based business development managers (BDM), who will all look after specific postcode areas. The national sales managers and field-based BDMs will be supported by two telephone BDMs, also with specific postcode areas, with a further four telephone BDMs on-hand to take brokers’ calls if their BDM is otherwise engaged.

The combination will give the BDMs the ability to help brokers to place cases from across ModaMortgages’ and CHL Mortgages for Intermediaries’ product ranges, allowing them to provide more comprehensive support and find the most suitable solution for intermediaries and their clients.

The new structure will also allow brokers to communicate with the team in a way that suits them best.

Darrell Walker (pictured), Chetwood Bank’s group sales director, said: “The combination of our two sales forces into one dual-branded team is the next exciting step in Chetwood Bank’s journey to becoming one of the UK’s leading digital challenger banks. 

“It means our BDMs now have access to the combined criteria from two very strong brands that serve various segments of the buy-to-let market, with ModaMortgages focusing on simple, straightforward everyday lending and CHL Mortgages for Intermediaries catering for cases with finer details that require a more versatile approach.

“As experts in what both brands can offer, the new structure will allow them to provide even more comprehensive support and find the most suitable solution, whether that’s a product from ModaMortgages or CHL Mortgages for Intermediaries.

“By deploying our team in the best possible way, we’re further demonstrating our commitment to brokers and their clients by helping them to get the best out of both brands.”