UK digital bank Chetwood Financial acquires CHL Mortgages to expand mortgage loan book and reach in the intermediary market.
Chetwood Financial, a UK digital bank, acquires CHL Mortgages for Intermediaries to boost its mortgage loan book and broaden reach in the mortgage intermediary market. Both CHL Mortgages and Chetwood's upcoming BTL business, ModaMortgages, will operate independently. The acquisition offers access to CHL Mortgages' experienced lending team and enables CMI to continue developing its product range and broad criteria offering.
May 20, 2024
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