Beverley BS joins Paradigm lending panel

Paradigm Mortgage Services has revealed the addition of Beverley Building Society to its lender panel.

The building society lends to borrowers across England and Wales, and Paradigm member firms will now be able to access its range of mortgage products including self-build mortgage products, mortgages for the self-employed, later life mortgages and 95 per cent loan-to-value first-time buyer mortgages.

The lender does not credit score and instead uses a manual underwriting process to review each mortgage application individually.

Furthermore, the firm has launched a new broker online system which provides advisers with the functionality they need to submit cases efficiently and quickly. Paradigm advisory firms will also have direct access to the Society’s experienced mortgage underwriting team.

Commenting, Paradigm Mortgage Services head John Coffield said: “The ability to look at individual cases via manual underwriting often means building societies are pushing the envelope when it comes to mortgage product choice, and the range of options available, particularly for non-mainstream borrowers.

“Beverley Building Society is one such lender that continues to develop its offering in a variety of sectors and we are therefore very pleased to be able to add them to our lender panel and to provide access to Paradigm member firms.

"In areas such as self-build, first-time buyer, later life and mortgages for the self-employed, Beverley Building Society is able to offer real choice, and with its online system, it is also cutting down on the administrative burden for advisers.”

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