Paradigm adds Lloyds TSB to panel
Network members of PFA will now be able to access the Lloyds TSB Scotland Spearhead’s mortgage range which includes homebuyer, remortgage and additional borrowing products for both repayment and interest-only options.
In its mainstream product range, Lloyds TSB Scotland Spearhead offers homebuyer products up to a maximum of 90% loan to value, remortgage products up to a maximum of 85% LTV and both homebuyer and remortgage product options up to a maximum of 75% LTV.
All products will only be available through intermediaries and Lloyds TSB Scotland Spearhead also has a number of exclusive mortgage products available via its website to PFA member firms.
John Coffield, head of Paradigm mortgage services, said: “The inclusion of Lloyds TSB Scotland Spearhead on to the PFA lender panel will provide our network firms with access to a substantial product range and a lender which is focused on the intermediary market.”
Iain Malloch, head of mortgages at Lloyds TSB Spearhead, said: “We are delighted to have this opportunity to work with PFA network firms. We pride ourselves on our personal service, which when combined with a competitive product range delivers an unbeatable package for the IFA and mortgage intermediary and ultimately their clients. We look forward to developing a close mutually beneficial relationship with all the PFA firms.”