"There’s absolutely no doubt that his strategic guidance will prove invaluable as we look to break new ground with ModaMortgages and CMI."
- Chetwood Financial’s founder and CEO, Andy Mielczarek
Alan Cleary has come out of retirement to chair Chetwood Financial’s Mortgage Advisory Board.
Cleary served as head of sales at BM Solutions and then as director of Halifax Intermediaries, before taking on the managing director position at Exact Mortgage Experts. However, he is best known for his role at Charter Court Financial Services, which he co-founded in 2008, and for being a key figure in delivering Precise Mortgages’ proposition.
Charter Court Financial Services combined with OneSavings Bank in 2019. Following the merger, Cleary became the leader of the group's mortgage brands – Precise Mortgages, Kent Reliance for Intermediaries, and InterBay Commercial – until his retirement in 2021.
Founded in 2016, Wrexham-based Chetwood Financial is a digital bank. As well as its existing consumer savings products, Chetwood Financial is soon to launch ModaMortgages, a new specialist buy-to-let lender, and recently acquired buy-to-let mortgage provider CHL Mortgages for Intermediaries (CMI).
In his new role, Cleary will provide guidance on the commercial strategy for both ModaMortgages and CMI. He will advise the company on how to grow each part of the business, applying his experience of the mortgage market to ensure both propositions resonate with brokers.
Last week, Chetwood appointed Roger Morris as its group distribution director.
Cleary said: “I wasn’t intending to come out of retirement, but this looks like a special opportunity. I’m excited by the vision that the bank has for disrupting the market with ModaMortgages and CMI. 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’s founder and CEO, Andy Mielczarek, added: “Alan Cleary is one of the biggest names in the specialist lending sector. 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.”
