Vernon BS added to Personal Touch panel

Published on

The Vernon Building Society has been appointed to Personal Touch’s mortgage panel.
 
The local society, based in Stockport, Greater Manchester, does not use credit scoring and instead takes an individual approach to underwriting, offering mortgages for a range of non-standard customers including:
  • Lending into retirement
  • Regulated buy-to-let
  • Interest-only
  • Minor adverse
  • Interest-only retirement mortgages
Vikki Jeffries, head of propositions at Personal Touch, said: “In today’s market where customer circumstances differ considerably and complex solutions are a necessity, the flexibility offered by the Vernon is invaluable.
“I’m delighted to be able to give our brokers access to its versatile approach to underwriting and have no doubt it will be a very much welcome addition to the panel for our intermediaries.”
 
Tom Gurrie, intermediary sales manager at the Vernon, added: “We’re delighted to be working with Personal Touch who will help us reach a wider audience of local intermediaries that can benefit from our more traditional approach to lending.
“We are keen to work with a growing number of professional contacts and Personal Touch members are ideal partners to work with and achieve that.”

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

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

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

Rely has reduced rates by up to 25 basis points across a range of...

Latest publication

Other news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...