Paradigm Mortgage Services has added specialist lender Together to its mortgage lender panel.
From today Paradigm member firms will be able to access Together’s range of first-charge residential mortgages.
Paradigm advisers will have access to Together’s online portal, My Broker Venue, where they can submit cases and receive a full, instant, decision-in-principle.
John Coffield, head of Paradigm Mortgage Services, said: “The burgeoning specialist market is a core area for many Paradigm firms, especially given the growing demand from those borrowers who might not ‘conform’ to the affordability measures and criteria that can often be an obstacle with mainstream lenders.
“Together is a long-standing lender in this space and has a focus on the individual borrower, with a range of residential mortgage products which cater for this demographic.
“We believe this ‘non-standard’ part of the market will develop much further in 2018 and beyond, and therefore it’s important that our member firms have access to lenders such as Together who understand the needs of these clients.”
Together’s products for residential mortgages include: mortgages available from £3,000 to £1m – depending on the borrower’s credit profile, capital repayment and interest-only options. There are also no valuation or lender solicitor charges and a 5-year fixed rates with no early repayment charges.
Richard Tugwell, group intermediary relationship director at Together, said: “We’re delighted to extend our offering to Paradigm’s members so that we can introduce our common-sense approach to thousands more brokers.
“It’s essential that distributors like Paradigm have a broad range of lenders to suit different customer needs.
“Our strength is assisting in those unusual or complex cases that the mainstream finance providers may not be able to help with, and we’re looking forward to working with their member firms as a result of this new partnership.”