The partnership gives Primis members access to the banks’ range of specialist mortgages, including rate reductions for customers with properties with a home energy efficiency (EPC) rating of A, B or C. The bank offers specialist and bespoke mortgage products, to help underserved customers who do not meet the high street approach of a minimum credit score or automated processes.
The bank’s flexible lending criteria offers residential mortgages for loans of up to £750,000, and can provide solutions for complex customers with bespoke underwriting to meet their individual needs.
Launched in 2014, Tandem was one of the UK’s original digital challenger banks, providing mortgage and savings products. The Bank’s stated mission is to become the UK’s greener digital bank and to help customers make more sustainable financial decisions.
Tandem ‘adds real value to PRIMIS panel’
Vikki Jefferies, proposition director at PRIMIS, said: “We’re pleased to welcome Tandem Bank to our panel, in a move which ensures our brokers continue to have access to the broadest range of products available, in order to best serve their clients’ needs. With a growing demand for green mortgages, Tandem’s range of flexible solutions and EPC discounted mortgages will add real value to our panel.”
Roger Morris, (pictured) newly-appointed director of mortgage division sales and distribution at Tandem Bank, said: “We are delighted to have been accepted and included on the PRIMIS lender panel. I have known and worked with PRIMIS over many years and understand better than many what an opportunity it is for a lender to gain a place on their panel. We will work hard with PRIMIS brokers to establish our place at the top table of specialist lenders and especially through our unique reimagining of the remortgage process.”
In 2018, Tandem bought Harrods Bank, followed in 2020 by the green home improvement loan specialists Allium Lending Group.
At the back end of 2022, the bank geared up its mortgage distribution side with several heavyweight appointments, including hiring former OSB Group executive Roger Morris as director of sales and distribution for the mortgage division, who reports directly to Steve Beard its MD.
In October, the bank hired ex-Pepper regional development manager Mark Shelper as regional BDM for the West, EX-Lloyds and TML BDM David Venn to oversee the East of England and ex-GMAC_RFC and TML BDM Gordon Rae to cover the specialist arena.