Genesis Approved, Genesis Home Loans’ intermediary mortgage club, has added two new members to its direct submissions panel.
Members can now organise self-build mortgages through BuildStore, whose mortgage product, BuildLoan, is the only self-build mortgage available to intermediaries that releases funds in advance of each build stage.
The second new member is Lambeth Building Society, which is offering a fixed rate mortgage at 3.98% until 1 February 2005.
Genesis Home Loans has launched five new products inspired by the ‘Great Lakes’ of the world: Superior, Huron, Ontario, Erie and Michigan.
Covering one prime discount mortgage, two buy-to-let mortgages and two self-certification mortgages, the new products are funded by Bristol & West and The Mortgage Business.
Genesis said these are the first of many from Genesis Home Loans’ membership of the new Mortgage Packagers Co-Operative.
Barry Robson, managing director of Genesis Home Loans, said: ‘These products represent the start of a new partnership with the Mortgage Packagers Co-Operative which will provide us with a stream of competitive mortgage schemes.’