The bank said the proposition will feature a flexible lending policy supported by commercially minded underwriting, with a focus on providing surety of funding to the Chetwood’s introducers and their clients.

Initially, the bank will be launching into the unregulated residential sector.

The recently appointed Richard will be responsible for launching and overseeing this new offering which will be available in the coming months.

Richard commented: “This is a really exciting opportunity which I just couldn’t turn down, having successfully launched bridging propositions with other lenders.

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“Our goal is simple: to provide a five-star service to brokers and their clients, making the journey as seamless and as quick as possible for everyone involved.

“That means not only streamlining the broker and client experience, but also ensuring our internal bridging team has the tools and processes to deliver efficiently and consistently.

“I can’t wait to get started and help take our proposition to the next level."

Paul Noble, CEO at Chetwood Bank, said: “We’re delighted to welcome someone of Richard’s calibre to the team.

“He has a proven track record of launching successful bridging propositions to market, so we’re thrilled to have him on board to further support the bank’s growth aspirations.

“We’re committed to diversifying our offering by providing new product offerings and solutions.”