Chetwood Bank has appointed Natalie McNamara to its distribution team as mortgage distribution manager. She will play a role in the development and management of account plans and strengthening relationships with mortgage clubs, networks and packagers. McNamara brings a wealth of experience to the role, having worked as head of network distribution at Loans Warehouse and mortgage club manager at Finova.

Chorley Building Society has launched two new large loan mortgage products, following feedback from brokers. The products feature the ability to overpay 20% of the capital balance per annum, without invoking an early repayment charge. One of the mortgage products is a later life mortgage, which is available to applicants aged 75 and over on application and/or at the end of the mortgage term. On the two-year discount product, rates start at 4.59%, while the later life two-year discount is available from 4.99%, with both products starting from 50% LTV.

Jackie Burchill has been appointed as the new head of lending at Birmingham Bank. She brings over 30 years of experience in the specialist mortgage market, having held senior roles at GE Money Home Lending for 21 years, followed by eight years at Bluestone Mortgages. In her new role, Burchill will lead the firm’s lending customer services, underwriting and completions teams, and will focus on building scalable processes that support the bank’s lending proposition.

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