Paradigm adds Nottingham to panel

Ryan Bembridge

March 27, 2017

Paradigm Mortgage Services has added Nottingham for Intermediaries to its lender panel.

Nottingham’s range of products include 95% loan-to-value residential purchases and remortgages, 90% LTV new-build, 80% LTV interest-only, self-build, let-to-buy, professional landlords accepted and a range of no ERC products on residential and buy-to-let.

The society pays a full procuration fee on ported cases while all its products are portable.

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John Coffield, head of Paradigm Mortgage Services, said: “Bringing Nottingham for Intermediaries on to the Paradigm lender panel is a real coup for the business given its focus on providing brokers with a quality service and access to products which might not normally be available from other borrowers.

“It has a number of dedicated intermediary support services which our member firms will find of real value including BDMs and a mortgage desk.

“The Nottingham’s product range is extensive, flexible and focused on key niche sectors including first-time buyers, new-build, self-build and let-to-buy.”

He added: “Of particular interest to our members will be its 95% LTV products which are available for first-time buyers, house purchasers and remortgagers, with a maximum loan of £275,000, free basic valuation and free legals for remortgages.

“It is heartening to deal with a lender that has intermediary business at the heart of its operation and is willing to look beyond credit scores at the needs of individual borrowers – we are looking forward to working with the team at the Nottingham and believe our members will find much to interest them and their clients. Full details are available on our website.”

Nottingham lends in England and Wales.

Nikki Warren-Dean, head of intermediaries at Nottingham Building Society, said: “We are delighted to be joining the Paradigm lender panel; it is the natural next step for The Nottingham and our growth ambitions.

“It is key for us to work alongside Paradigm and extend our reach in the DA marketplace.

“This is part of our continued commitment to the broker community; we want to engage with as many brokers as possible by giving them access to our range of products for their clients.”

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