Brokers who register with ModaMortgages will be in with a chance to win a £500 Apple gift card, while brokers registering with CHL Mortgages for Intermediaries will be entered to win a £500 holiday voucher.
A monthly prize draw will be made for both brands, and brokers can enter by visiting www.modamortgages.co.uk/intermediaries or www.intermediaries.chli.co.uk and registering.
Brokers registering with either brand will receive one entry to the prize draw, while those registering with both brands will receive a further bonus entry to the draws, giving them a total of two entries to each draw.
The prize draw is open to all UK brokers aged 18 years or over. Brokers already registered with either brand will be automatically entered into the prize draw.
ModaMortgages deals with simpler BTL mortgages and focuses on straightforward lending, while CHL Mortgages for Intermediaries caters to complex BTL cases.
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Darrell Walker, group sales director at Chetwood Bank, said: “We’re really excited to announce the launch of our monthly prize draw.
“As well as getting the chance to win a prize worth £500, brokers registering with us can keep up to date with all the latest news from ModaMortgages and CHL Mortgages for Intermediaries, including updates about new launches, criteria enhancements and product transfer announcements.
“And as a special thank you to brokers who register with both brands, we’ll give them a further entry to both draws, doubling their entries with each brand.”