The partnership will give advisers in the Primis network access to Bluestone’s full residential and buy-to-let suite of products.
This includes Bluestone’s fee-free remortgage offering geared towards borrowers consolidating debts, which was launched earlier this year.
Hodge’s mortgage products now available to Primis’s brokers include its retirement interest only (RIO) range, equity release and portfolio buy-to-let products.
The network will also have access to the new Hodge fixed-for-life RIO mortgage, which allows customers to fix their mortgage rate for the lifetime of the mortgage.
Steve Seal, managing director of Bluestone Mortgages, said: “Partnering with Primis will extend our distribution and ensure that its advisers are equipped with competitive solutions to serve a growing number of customers who don’t fit the vanilla mould of high street banks.”
Emma Graham, sales director at Hodge, added that the lender looked forward to working with Primis’s network to help clients “find the right products for their needs”.
Vikki Jefferies, proposition director at Primis, said: “Bluestone’s wealth of knowledge and experience in the specialist lending market will provide our members with greater access to lending solutions tailored for customers with niche requirements, and we look forward to helping more of our advisers bolster their offerings in this area.”
On Hodge, she added: “The lifetime mortgage market is constantly evolving to meet the demands of modern-day retirees, making it paramount that intermediaries are ready and able to serve this growing pool of borrowers.”
