The Right Mortgage & Protection Network has added relationship bank Handelsbanken to its lender panel, widening the range of specialist mortgage options available to its appointed representative firms.
From today, member firms and advisers will be able to access the bank’s mortgage proposition, which includes offset mortgages, tracker products with no early repayment charges and residential development loans.
The lender will also consider borrowers with multiple income streams, including retained profits, rental income, directors’ loans and pensions, reflecting its relationship-led approach to underwriting.
Handelsbanken’s adviser and mortgage services include manual underwriting with direct access to decision makers, lending on non-standard property types with no maximum acreage or property size, and support for complex borrower structures such as sole borrower joint proprietor and joint borrower sole proprietor.
The bank can also accommodate multi-part mortgage solutions, variable offsets and self-build borrowing.
Victoria Clark (pictured), head of lending at The Right Mortgage & Protection Network, said: “Having Handelsbanken on our panel strengthens the range of mortgage products available to our AR firms.
“Theirs is a mortgage strategy rooted in flexibility and delivered with a unique, bespoke service. We are looking forward to working with the Handelsbanken team to outline its proposition to our growing number of members.”
Steve Macdonald, national head of intermediary business at Handelsbanken, said: “We are excited to be partnering with TRM; we believe that our broad, flexible offering will be very well-tailored to their growing membership.
“As a fully decentralised relationship bank we are committed to really taking the time to understand each individual customer and their needs. All banking decisions are made by someone they know, who is an expert in both their finances and the local economy and context.
“This means not only that we can offer the right product to the right person, every time, but also leads to long-term relationships between trusted partners.”
