The range covers self-build, the self-employed, later life loans including retirement interest-only (RIO) options and 95 per cent loan to value (LTV) first-time buyer (FTB) mortgages.
Beverley Building Society soft-launched a new broker online system, which enables advisers to submit cases more quickly and efficiently, in December 2018 following 18 months of development.
Graham Carter, head of lending at Beverley Building Society, said: “Advisers don’t have to fill in reams of paper with us because we have slick application online where they fill in the relevant questions. We’re trying to move away from paper applications which is what mortgage intermediaries want.”
As well as this, Paradigm’s advisory firms will have direct access to the society’s mortgage underwriting team.
Increased broker base
John Coffield, head of Paradigm Mortgage Services (pictured), said: “Beverley Building Society is a lender that continues to develop its offering in a variety of sectors and we are therefore very pleased to be able to add them to our lender panel and to provide access to Paradigm member firms.
“In areas such as self-build, first-time buyer, later life and mortgages for the self-employed, Beverley Building Society is able to offer real choice, and with its online system, it is also cutting down on the administrative burden for advisers.”
Carter added: “We are delighted to be added to the Paradigm Lender Panel. As a niche lender in a very competitive market we want to reach out to more mortgage intermediaries and through Paradigm we are able to do this.
“We’re on other mortgage clubs and we’ve seen our intermediary base grow. We had a reasonable database in England and Wales but it’s quadrupled since December, it’s put us on the map.”
