Swansea Building Society has become the latest lender to be added to Paradigm Mortgage Service’s lender panel.
Paradigm members will be able to access Swansea Building Society’s mortgage service, which specialises in several areas including mortgages for professionals and public service employees, for the self-employed, for lending both into and in retirement, self-build mortgages, and also those for small holdings with acreage and occupancy restrictions.
The lender will also consider semi-commercial properties, along with multiple properties on the same title deed.
Head of Paradigm Mortgage Services, John Coffield, commented: “There’s no doubting that many of our regional and local building societies continue to offer a fantastic range of mortgage products to clients, and have an acute understanding of their area, which can make all the difference to advisers when attempting to place their case.
“Adding lenders like the Swansea Building Society is incredibly important as it gives our members access to the widest range of providers in their area, while ensuring they work with those who fully understand local wants and need(s).
“Predominantly operating in South Wales, this new addition to our panel should provide members active in this area with another lender string to their bow, and we’re looking forward to working closely together to help grow mortgage business in that area.”
Alongside its residential offering, Swansea Building Society lends in the BTL, holiday let, bridging loans, and property renovation sectors. It will also lend to customers seeking to purchase a second home, and those wishing to purchase at auction.
Swansea Building Society lends predominantly in Wales, although depending on the merits of the case, it will look at individual cases outside the area.
Business development manager at Swansea Building Society, Martin Lewis, said: “We are delighted to be the latest addition to Paradigm Mortgage Services’ lender panel and I am confident that the Swansea Building Society will be a welcome addition with our common-sense approach to lending, with an individual making the decision not a computer.”
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