Paradigm Mortgage Services has announced the addition of Vernon Building Society to its lender panel, launching to members with a new semi-exclusive buy-to-let (BTL) product.
From today, Paradigm member firms will gain access to the entire Vernon product range and will be able to offer landlord clients access to its holiday BTL product priced at 2.84% with a fee of £299.
The Vernon offers a range of mortgage products to borrowers on a case-by-case basis through its intermediary sales team, and offers mortgages to first-time buyers, home movers, those looking to remortgage, retired borrowers, BTL landlords as well as self-build clients.
It also offers later life lending with no age limitation, student mortgages for those buying while at university, joint borrower sole proprietor, mortgages for those with complex incomes, first-time landlords and interest-only options.
“We are always very pleased to be able to bring lenders on board who offer a variety of product options across a growing number of sectors, especially in certain niche areas,” commented Paradigm director of mortgages, Richard Howes.
“Vernon Building Society certainly fits the bill here and Paradigm members are some of the very first firms to be able to access its new holiday BTL product with this semi-exclusive arrangement.
“With a personalised approach to writing mortgages and a real focus on the intermediary sector, we believe member firms will find much to interest them and their clients, with the addition of the Vernon to our lender panel. We’re looking forward to working with the team at the Society and believe we can achieve a great deal with this new relationship.”
Head of mortgage and savings distribution at Vernon Building Society, Brendan Crowshaw, added: “This partnership represents the latest step in Vernon’s ambitious growth strategy. We’re a small but innovative lender, with a common-sense, flexible approach to underwriting and a commitment to working with brokers.
“It’s clear Paradigm shares our focus on providing brokers with great service and, we look forward to helping its members find lending solutions for their clients.”
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