The Beverley joins TMA Mortgage Club panel

Published on

Beverley Building Society has joined the lender panel of TMA Mortgage Club.

The partnership brings the Beverley’s customer-focused approach to TMA’s network, with an emphasis on lending that adapts to complex, real-life circumstances. The society’s range includes 100% mortgages using parental property as security, interest-only options with no minimum income threshold, and affordability assessments based solely on interest-only terms.

It also offers 95% loan-to-value mortgages via credit search, as well as products tailored to self-employed borrowers, foster carers, contractors, multigenerational households and buyers of age-restricted retirement properties. Applications are judged on individual merit rather than rigid criteria.

Stu Bryce, head of new business at the Beverley, said: “We’re thrilled to work alongside TMA and its affiliated brokers to deliver real decisions, for real people, in real-life situations.”

Rob McCoy, senior product and business manager at TMA, added: “I am delighted to have the Beverley join our panel of lenders. Today’s mortgage market needs lenders that can be flexible and innovative with their criteria and pragmatic in their approach to underwriting.

“The market for borrowers who need this kind of support continues to grow and to have the Beverley on our panel means we can offer our member firms even more options.”

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

FCA explores rent payments as mortgage evidence

Rental payment histories could play a greater role in mortgage affordability assessments as the...

Landlords’ average rental income rises to £88,454

The average UK landlord portfolio generates £88,454 a year in gross rental income, according...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment...

Virgin Money ups residential mortgage rates

Virgin Money will increase selected purchase and remortgage rates by as much as 0.30%...

Financial pressure drives injured workers back to work early

Almost four in five Britons would return to work before receiving medical clearance after...

Latest publication

Other news

FCA explores rent payments as mortgage evidence

Rental payment histories could play a greater role in mortgage affordability assessments as the...

Landlords’ average rental income rises to £88,454

The average UK landlord portfolio generates £88,454 a year in gross rental income, according...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment...