Paradigm members can access the Nottingham’s range of products which include: up to 95% loan-to-value (LTV) residential purchase and remortgage products (including first-time buyers); 90% LTV new build; 80% LTV interest-only (with a suitable repayment vehicle); self build; let to buy; professional landlords accepted (with unlimited portfolios); and a range of no Early Repayment Charge products on residential and buy to let.
Nottingham for Intermediaries pays a full procuration fee on ported cases. There is a £35 fee for switching a product after offer and free valuations are available on all residential and buy-to-let products.
John Coffield (pictured), 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.”
He added: “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.”
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 directly authorised marketplace.”
