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Chetwood Financial acquires CHL Mortgages to expand into mortgage intermediary market
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May 24, 2024
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May 24, 2024

Chetwood Financial acquires CHL Mortgages to expand into mortgage intermediary market

M&A

  • Chetwood Financial, a UK-based digital bank that offers the fixed-rate savings account, SmartSave, has acquired CHL Mortgages, a provider specializing in buy-to-let mortgages.

  • The company intends to utilize the specialized lending team of CHL Mortgages to support Chetwood’s buy-to-let platform, ModaMortgages, which is akin to the one currently offered by CHL Mortgages. 

  • These two lending institutions will continue to operate independently, each preserving its own brands, products, and teams. They will complement each other and benefit from the mutual exchange of skills, experience, and expertise as part of Chetwood Financial.

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