As a result, Paradigm members will now have access to the lender’s full suite of products, covering residential, buy to let, shared ownership and later life lending.
However, Mansfield’s two retirement interest-only (RIO) products will only be available to advisers holding either the CeReR or CertER qualifications.
Alongside its product range, the mutual will offer brokers a range of services including an intermediary sales support team to help with queries, the ability to get a decision in principle individually assessed by an underwriter and a secure online portal for applications.
John Coffield (pictured), head of Paradim Mortgage Services, argued that few lenders offer “as comprehensive a range” as Mansfield, which is why the firm wanted to offer its members access to the mutual.
“We hear a lot about lenders diversifying away from residential into various niches, but few have embraced a similar approach to the Mansfield,” he said. “Our respective focus on intermediaries means we are well aligned, and we are very pleased to be welcoming this valuable addition to our panel.”
