HLPartnership has added Afin Bank to its lender panel, giving advisers across the network access to another option for borrowers with more complex income profiles or wider eligibility needs.
The network said the addition would give its advisers access to residential lending of up to 95% loan-to-value and buy-to-let products of up to 75% loan-to-value.
Afin Bank supports a range of borrower types including first-time buyers, self-employed applicants, professionals, high-net-worth clients and foreign nationals living and working in the UK on a valid visa.
The lender’s criteria also include cases involving one year’s accounts for self-employed applicants, contractor income, income projections in certain scenarios and bespoke affordability assessments for high-net-worth clients.
For buy-to-let, Afin Bank also caters for first-time landlords and consumer buy-to-let cases, broadening the options available to advisers handling applications that may not fit more mainstream lending models.
Matt Brown, propositions director at HLPartnership, said: “Advisers are working with an increasingly broad mix of client circumstances, so access to lenders with greater flexibility is important.
“Afin Bank adds another option for members placing cases involving self-employed income, contractor status or more complex wealth positions. Broadening our lender panel in this way helps advisers meet client needs more effectively and supports good consumer outcomes.”
John Smith, senior business development manager at Afin Bank, added: “We’re delighted to be partnering with HLP as we continue to expand Afin Bank’s distribution across key networks. This collaboration reflects a strong alignment in our shared commitment to supporting brokers with flexible, solutions-driven lending.
“HLP advisers will benefit from our pragmatic and tailored approach for clients who do not fit the tick-box approach taken by many lenders, such as foreign nationals seeking a 95% LTV mortgage as first-time buyers, self-employed applicants, people with multiple income streams and ‘income-light’ high-net-worth cases.
“With our competitive propositions, which currently include free legal fees on remortgages for successful applications submitted before the end of May, we’re confident this partnership will help HLP advisers deliver greater value to their clients.”
