ModaMortgages announces new head of sales and two new BDMs

By Bridging Loan Directory 28th November 2023

ModaMortgages has announced Scott Phillips as its new head of sales. The specialist buy-to-let (BTL) lender has also hired Becki Fraser-Tucker as a senior business development manager (BDM), while Bec Murray joins as a BDM.

Launching in the coming months, ModaMortgages is a new intermediary-only BTL mortgage provider from Chetwood Financial, a Wrexham-based digital bank.

Darrell Walker was recently unveiled as ModaMortgages’ head of mortgage sales and distribution. Alongside Ian Lonergan, who was previously CEO and founder of Charter Court Financial Services, the parent of Precise Mortgages, and is now group chair of Chetwood, Walker has been developing the ModaMortgages proposition over the past year.

As head of sales, Phillips will oversee the lender’s field-based team of BDMs. He has 25 years’ experience in financial services, including roles as a national account manager at Vida Homeloans, Hampshire Trust Bank (HTB), and OneSavings Bank (OSB).

Fraser-Tucker has similarly worked across a range of national account manager and BDM positions, including roles with OSB, Bank of Ireland, and HTB.

Meanwhile, Murray previously spent over 16 years with HSBC, firstly as a mortgage and protection adviser before progressing to area mortgage manager responsible for advisers and advice.

The two will manage broker relationships across the UK and assist Phillips in growing the BDM team.

Walker said:

“We’re over the moon to welcome Scott, Becki, and Bec to the ModaMortgages team.

They have immense experience in the mortgage market and working with brokers, so they will undoubtedly help us on our mission to make BTL mortgages smarter, faster, and simpler.

We will do this by being honest and transparent with brokers, and the sales and BDM team are integral to this.”

Phillips said:

“I am thrilled to join ModaMortgages. There is a clear sense that we are at the start of something very exciting, and our no-nonsense approach to BTL lending is exactly what the broker market is crying out for. Having Becki and Bec join the team at the same time is also a real coup.

Building strong relationships between brokers and BDMs will be fundamental to ModaMortgages’ delivery of an exceptional service, and Becki and Bec are perfectly placed to do just that.”

Fraser-Tucker commented:

“The BTL market has gone through another notable shift over the past couple of years due to rising interest rates, as well as new regulation and reform.

What brokers and landlords need right now is a reliable, uncomplicated lender to help them confidently navigate change.

From the minute I heard about ModaMortgages’ proposition, I was keen to be involved, and I’m looking forward to throwing myself into this journey and helping establish our name in the broker market.”

Murray added:

“The calibre of the people involved in developing the proposition and bringing it to market speaks volumes about the quality of ModaMortgages.

I’m very pleased to be a part of the team and look forward to connecting with brokers in the months to come.”