Chetwood Bank has joined the Bridging & Development Lenders Association (BDLA) as an associate member.
Chetwood Bank offers buy-to-let mortgages through its Moda Mortgages and CHL Mortgages brands, with loans available for portfolio investors, individual or limited company operations, and even first-time investors.
The BDLA is the UK’s only trade body dedicated to bridging and development finance, with nearly 100 lender and associate members.
Its lender members collectively support a loan book of nearly £13bn and are committed to raising standards, promoting best practice, and supporting sustainable growth across the bridging and development finance sector
Vic Jannels, CEO of the BDLA, said: “We are very pleased to welcome Chetwood Bank as the latest associate member of the BDLA.
“On the surface, it may seem a little odd to welcome a lender as an associate member, but as a buy-to-let specialist, Chetwood Bank offers loans that provide a vital exit strategy to the customers of our lender members.
“In joining our association, Chetwood Bank has recognised the crucial role a term loan exit strategy for bridging finance and the importance of establishing closer communication between our sector and the wider mortgage industry.”
Roger Morris, group distribution director at Chetwood Bank, said: “We’re delighted to be joining the BDLA as an associate member.
“The bridging and development sector is one we deeply respect, and as a specialist term lender, we recognise the critical role we play in providing viable exit strategies that support successful bridging outcomes.
“With our CHL and ModaMortgages brands, we offer a comprehensive range of buy-to-let solutions tailored for portfolio and first-time investors alike.
“This collaboration with the BDLA reflects our commitment to strengthening connections across the specialist finance ecosystem and supporting brokers with joined-up, customer-focused lending solutions.”
