Paradigm adds Bath BS to panels

Published on

Paradigm Mortgage Services has added Bath Building Society to its lender panel for directly authorised (DA) firms as well that of Paradigm Financial Advisers (PFA), the network service for appointed representatives (ARs).

Members of both Paradigm Mortgage Services and PFA will be able to access the range of mortgage products currently offered by Bath Building Society. These include purchase and remortgage products up to 80% LTV, a parental assisted scheme, buy-to-let deals and holiday home mortgages.

The Parental Assisted Mortgage Scheme is a specific product for first-time buyers that allows parents to assist their children by guaranteeing their mortgage, and allowing a charge over their own residence to support the loan required. This product is offered up to 95% LTV.

All Bath BS applications are judged on an individual basis and a decision is made on an individual’s circumstances rather than via automated underwriting practices.

John Coffield, head of Paradigm Mortgage Services, said: “Recently we have seen the mutual sector step up to the plate in terms of offering its products to a wider range of intermediaries and advisers. Bath Building Society certainly fit that mould and has a unique range of products that we believe will appeal to both our members and their clients.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Clydesdale Bank raises fixed mortgage rates across core and specialist ranges

Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday,...

Growth in online auctions reshaping UK property market

The UK property auction market is being rapidly transformed by digital platforms, with record...

Mount Street appoints new head of HR to lead global people strategy

Mount Street Group has appointed Fatima Badini as head of human resources, with a...

Industry titans weigh in behind charity concert

Two of the mortgage industry’s biggest names have thrown their weight behind Take Me...

Project 28 launches in a bid to slash time it takes to sell homes

A coalition of 23 of the UK’s leading property organisations has unveiled a sweeping...

Latest publication

Other news

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen...

Clydesdale Bank raises fixed mortgage rates across core and specialist ranges

Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday,...

Growth in online auctions reshaping UK property market

The UK property auction market is being rapidly transformed by digital platforms, with record...