The Hanley Economic Building Society has extended its self-build and residential mortgage offerings into Scotland.
The mutual has highlighted self-build as a key area of growth on both sides of the border.
In March it launched a self-build Direct to Intermediaries proposition to provide an additional option for intermediaries with self-build clients. This will also be made available to Scottish intermediaries alongside an online self-build hub.
This offers resources and information including:
- Self-build criteria
- Submitting an application
- Assessing an application
- Releasing funds
- Completion of the project
- Service standards
- self-build downloads
The aim of the move is to offer Scottish intermediaries’ access to Hanley’s approach to lending which includes no credit scoring and taking each case on its own merit.
David Lownds, head of marketing & business development at the Hanley Economic Building Society, said: “Scotland has a growing property market and extending our reach into Scotland will provide even more choice for a range of borrowers.
“The Society is one of a small number of lenders who support the self-build and renovating market, and we look forward to developing new relationships with mortgage intermediaries in Scotland over the coming months.”
