Paradigm has added Gen H to its lender panel.

Paradigm member firms can now access Gen H’s range of residential mortgage products, specifically designed to support those borrowers who are potentially struggling to meet current high-street lender affordability criteria.

The lender offers mortgages to first-time buyers, home movers and those looking to remortgage and has a number of distinct criteria, including:

• Income booster – up to six incomes can be included in one application, for example, a parents’ income can be put on the mortgage.
• Ejector seat – mortgage terms are not limited by a booster’s maximum age.
• Deposit booster – up to 100% of the deposit can be contributed as a gift, interest-free or equity loan.

Gen H currently offers a range of products up to 95% LTV with two, three and five-year terms. It recently launched its own conveyancing service, Gen H Legal, to provide an end-to-end buying experience for borrowers.

Richard Howes, director of mortgages at Paradigm, said: “We’re all acutely aware that affordability remains one of the biggest obstacles for many would-be and existing borrowers, given the shift in the rate environment over the last six months. This is why it is so important we have innovative and forward-thinking lenders such as Gen H offering a range of unique features and criteria to help borrowers get over these potential barriers.

“We’re therefore very pleased to be adding Gen H to our lender panel today, and we believe Paradigm member firms will find much to interest them and their clients, plus an intermediary-friendly and focused lender that is there to support them.”

Peter Dockar (pictured), commercial director at Gen H, added: “We’re delighted to be launching with Paradigm to bring Gen H products to even more aspiring buyers across England and Wales.

“At a time when affordability is fraught for so many, we’re always looking for driven partners as we work to help everyone become a homeowner. Paradigm will be an integral part of that process.”