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Paradigm adds Saffron for Intermediaries to lender panel

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  • 22/06/2021
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Paradigm adds Saffron for Intermediaries to lender panel
Paradigm Mortgage Services has added Saffron for Intermediaries to its lender panel, allowing its member firms to access the lender’s special situations, everyday and buy-to-let (BTL) mortgage ranges.

 

Saffron’s special situation range caters for borrowers such as self-employed with one years’ accounts or those wanting to build or renovate their home.

This includes self-employed, contractor, self-build and custom-build, retirement interest-only and retro-fit mortgages.

The lender’s everyday range covers first-time buyers, homemovers, remortgagors, joint borrower sole proprietor, lending into retirement downsizing as well as owner-occupier and residential fixed and variable rate.

Saffron’s BTL range offers products for individual landlords, limited company landlords and expat BTL.

The lender also provides development finance to small builders and property developers. It has an intermediary mortgage portal where advisers can select a product, request a decision in principle, submit an application and monitor their cases.

Paradigm Mortgage Services mortgages head, John Coffield, said: “Its ability to cover off both standard residential but also a significant number of relatively niche areas, plus the flexibility it has to be able to work with advisers and their clients to help provide the solutions they want, is going to be a major asset to our offering.

“We’re looking forward to working with the team at the Saffron to help develop their proposition with our member firms.”

Saffron’s head of mortgage sales Tony Hall (pictured) added: “We are delighted to be pairing Paradigm Mortgage Services strong position as a well-respected and member-focused organisation with our drive to help all borrowers and especially those with non-traditional circumstances through our special situations product range.

“We can now work together to ensure more intermediaries are provided with access to a wider and more suitable range of mortgage products for their customers.”

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