RAW Capital Partners has become the latest firm to be added to Paradigm’s lender panel.
The specialist buy-to-let (BTL) lender offers mortgages to foreign nationals and non-UK residents who require finance on residential UK property.
From today, Paradigm members will be able to access RAW’s range of mortgage solutions for both BTL and specialist lending, including unregulated lending to individuals, trusts and companies; interest-only lending of terms from five to 10 years; mortgages of up to 65% LTV and loans from between £50,000 to £4m.
RAW has provided mortgages to borrowers in more than 60 jurisdictions worldwide, covering first-time buyers to first-time landlords. It delivers a decision in principle within 24 hours on full application, no minimum income or maximum age consideration, and customers do not need a UK bank account.
Director of mortgages at Paradigm, Richard Howes, said: "We are always looking for those lenders who can fulfil a significant niche in the mortgage market, and RAW’s proposition in particular to both foreign nationals and non-UK residents will offer our member firms a wider product offering for these types of clients.
"RAW has already proved adept at catering for the needs of these borrowers, with their flexible approach, access to decision makers and team of specialists we believe will be of benefit to our members’ overall propositions. We are looking forward to working with RAW team and helping it establish itself further in the mortgage distribution space."
Chief executive officer at RAW Capital Partners, Tim Parkes, added: "We are thrilled to launch our partnership with Paradigm in our tenth year of lending. RAW will be a great asset to Paradigm members as they look to place some of their specialist BTL business.
"Our products and proposition have evolved considerably in the last year alone and we look forward to showcasing our fast and flexible capabilities. It is a privilege to join the Paradigm family and we are excited for what lies ahead."
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