Chidgey has spent more than 20 years managing the development of Nationwide’s intermediary distribution at a senior level.
He will now move to the new-build sector working with builders and specialist brokers.
NIgel Stockton, financial services director at Countrywide, welcomes the move of a dedicated new-build team similar to the one in place at Halifax.
He says: “Nationwide should not be discounted on new-build now that its policy for valuations of new-build has moved. It has always had good products and volumes are now they are really coming through.”
See this week’s Mortgage Strategy cover feature reviewing the current state of the new-build sector.