The Ipswich BS expands distribution

Published on

The Ipswich Building Society has been added to Brilliant Solutions Mortgage Club’s lending panel.

Club members will now be able to access the Ipswich’s range of mortgage products, which includes mortgages for expats, self build, shared ownership and its residential and buy-to-let range.

Earlier this month the Society announced that due to intermediary demand, its holiday let products had been expanded to include properties throughout England and Wales.

Utilising manual underwriting, the Society is able to consider applicants such as the self-employed, contractors and older borrowers, who may be denied access to the mortgage market by the computer-based assessments employed by high-street lenders.

Kate Ley, head of mortgage sales at the Ipswich Building Society, said: “We are delighted to offer our broad range of mortgage products to Brilliant Solutions’ members. With our ability to assess each case on its own merit, we really hope to be able to support their clients across a wide range of mortgage types.”

Matthew Arena (pictured), managing director of Brilliant Solutions Mortgage Club, added: “Opening access to these great products to all brokers in England and Wales is a fantastic signal of intent by the Ipswich Building Society and one that will bring huge benefits to our brokers and their clients alike.

“Ipswich Building Society is particularly well known for its handling of complex cases, which will no doubt be of interest to our members. However, that said, the Society is also well respected in terms of mainstream lending and we know that their personal, common-sense approach will appeal to members for more straightforward cases too.”

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

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...

The Mansfield reports record mortgage lending for second year running

Mansfield Building Society has reported record mortgage lending for the second successive year, after...

West Brom cuts rates and adds options to strengthen remortgage appeal

West Brom Building Society has reduced mortgage rates by up to 30bps while widening...

Latest publication

Other news

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...