Paradigm bolsters bridging finance lender panel

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Paradigm has added residential and commercial bridging loan provider TAB to its lender panel.

Member firms of the mortgage, protection and compliance services proposition can now access TAB’s range of first and second-charge residential and commercial bridging loans, development and refurbishment finance products.

TAB was founded in 2018 and offers advisers a suite of bridging and specialist finance solutions.

Richard Howes, director of mortgages at Paradigm, said: “We continue to look for lenders and providers that can offer Paradigm member firms a wide range of product solutions, including those specialist options such as bridging and commercial loans, plus development finance and refurbishment options.

“This is why we’re very pleased to be adding TAB to our panel. In a very short time, TAB has built up a very strong reputation for quality products and service, and it’s certainly the case that more advisers have clients for whom these products are now suitable.

“Our member firms will also benefit from TAB’s flexible approach to underwriting and valuations, and a commitment to work with all parties to get the right deal for the client. We’re looking forward to working with the TAB team and putting their proposition in front of our member firms.”

Jon Sturgess (pictured), sales development director at TAB, added: “Paradigm is one of the UK’s leading mortgage distributors and we are extremely proud to be a part of its lender panel. Our commitment to delivering outstanding property finance solutions is well aligned with Paradigm’s objectives, and we’re confident that our competitive and innovative offerings will greatly benefit Paradigm’s member firms.

“2023 was extremely exciting for TAB with the launch of our new commercial mortgage product, our new funding line from NatWest and new investment opportunities. Joining Paradigm’s lender panel is a great start to 2024 and we are on track to announce new mortgage products over the next few weeks. We are looking forward to working with Paradigm, its member firms and partners going forward.”

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