Lewis joined the lender in 2018 where he has been instrumental in overseeing product development, accelerating expansion and steering the business through the pandemic and post mini-Budget fall out.

Prior to that he was director of bridging at Precise Mortgages, where he worked for more than six years.

MT Finance director and founder Joshua Elash says: “We are very happy to announce Gareth’s promotion and look forward to working with him in this new role. In the nearly five years Gareth has been at MT Finance, he has proved himself to be a calm, capable and highly motivated leader.

“He has been instrumental in getting MT Finance to where it is today and I am confident that he will be just as successful as managing director.”

New MT Finance managing director Gareth Lewis adds: “I am honoured to have been promoted to managing director. I am extremely proud of everything we have achieved in the past five years and am grateful to be able to work with such a dedicated team.

“We really have achieved a significant amount – particularly when you consider the economic challenges – but there is always more to do and I am thankful to founders Joshua Elash and Tomer Aboody for putting their trust in me. I can’t wait to see what happens next.”