Paradigm Mortgage Services has added Saffron Building Society to its lender panel.
Paradigm member firms will be able to access Saffron’s range of mortgage products which includes fixed, discount, tracker and variable residential mortgage options. It also offers buy-to-let mortgages plus first-time buyer and shared ownership offerings.
Saffron assesses each case on an individual basis while intermediaries have access to its mortgage underwriters. Each underwriter takes ownership of the case, allowing agreement in principles to be given for cases outside its normal lending criteria.
The building society also has a no cross-sell agreement.
Associate members using Paradigm to place Saffron business gain a 50% share of all central revenues they generate per annum, while full Partner members participate in this income distribution plus they also build up shares in Paradigm Mortgage Services LLP and participate in the growth of the company as a whole.