Paradigm adds Bluestone to lender panel

Bluestone offers products for the self-employed, contractors and those who have experienced credit problems.

Paradigm adds Bluestone to lender panel

Paradigm has added Bluestone Mortgages to its lender panel.

Bluestone offers products for the self-employed, contractors and those who have experienced credit problems.

John Coffield, head of Paradigm Mortgage Services, said: “Given the specialist needs of many borrowers, the UK lending landscape needs lenders who are willing to look at individuals on a case by case basis, to take real account of their unique circumstances, and to appreciate how these might not fit traditional, vanilla lending operators.

“In areas such as mortgages for the self-employed and contractors advisers and their clients have been underserved as have those with minimal arrears/defaults.

“It is therefore a real positive to have a relatively new lender like Bluestone working in these areas and committed to a service which truly focuses on affordability and has a product offering which is specialist through and through.”

Advisers have to complete an online registration form to start working with Bluestone.

Steve Seal, director of sales and distribution at Bluestone Mortgages, said: “We are delighted to announce our latest distribution partnership with Paradigm Mortgage Services.

“We believe Paradigm shares our views in supporting customers that are underserved by high-street lenders, particularly those who are self-employed, have variable incomes or have had credit problems.

“We’re looking forward to working closely together.”