Quantum Mortgages added to Paradigm panel

Paradigm has announced the addition of specialist buy-to-let (BTL) lender, Quantum Mortgages, to its lender panel.

The move will mean that Paradigm members gain access to Quantum’s range of BTL products which cover single units, multi-units and HMOs, specialist, expat and foreign national borrowers, limited company SPV, as well as green options.

Quantum is also active in the holiday let and AirBnB sector, and offers loans between £25,001 and £1m with terms between two and 40 years across its entire range. Day one remortgages are also available including refinancing of bridging and development finance.

Capital raising is available for any legal purpose, while Quantum also lends on leasehold properties as long as there is a minimum term remaining of 35 years at the end of the mortgage term.

Director of mortgages at Paradigm, Richard Howes, commented: “Providing Paradigm members with access to as many BTL product options as possible, to cater for an increasingly diverse and complex client base, is a must and therefore we are very pleased to be adding Quantum to our lender panel today.

“It has been something of a rollercoaster ride for the BTL and private rental sectors in recent months, but the fundamentals remain sound, and landlord borrowers need quality advice more than ever, plus access to as wide a range of product solutions as possible in today’s market.

“We’re looking forward to working with the excellent team at Quantum, to introduce their proposition to our member firms who are active in this part of the mortgage market.”

Director of distribution and marketing at Quantum Mortgages, Spencer Gale, added: “We are delighted to join the panel of Paradigm Mortgage Services – a business which is recognised as one of the leading mortgage distributors in the UK.

“With a membership that now stands at over 1,700 firms, the addition of Quantum Mortgages will open up even more product solutions for their customers who don’t meet the needs of high-street and other specialist lenders.”

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