"To say the mutual sector now offers something of a one-stop shop for a huge variety of borrower mortgage needs would be an understatement. "
- Richard Howes, director of mortgages at Paradigm
Paradigm Mortgage Services has added Loughborough Building Society to its lender panel.
The partnership grants Paradigm member firms access to Loughborough’s range of mortgage products which include home purchase, remortgaging, large loans, buy-to-let, borrowing into retirement, first-time buyers, family assist schemes, shared ownership, buy for university, holiday lets, and more.
Loughborough recently introduced a new suite of intermediary-focused affordability calculators. These include a residential calculator that covers specialist products, such as high-income multiples and lending into retirement, alongside its core residential offerings. Its buy-to-let calculator includes solutions for let-to-buy, family buy-to-let, and holiday lets, in addition to its standard buy-to-let options.
Paradigm members can now register with Loughborough to access its full product range, benefit from its online mortgage portal, and explore a library of supporting documents.
Richard Howes, director of mortgages at Paradigm, commented: “To say the mutual sector now offers something of a one-stop shop for a huge variety of borrower mortgage needs would be an understatement. The Loughborough’s range is a prime example of this, covering off a vast array of products and criteria from options for first-time buyers to those taking mortgage debt into retirement. It’s therefore very pleasing to be adding the Society to our lender panel and to be providing Paradigm advisers and member firms with access to this excellent proposition. We’re looking forward to introducing these options to our membership and working with the Loughborough team to secure the right product solutions for borrowers."
Ashley Pearson, head of intermediaries at Loughborough Building Society, said: "Joining the Paradigm Mortgage Services’ panel allows us to offer our extensive range of specialist mortgage solutions to a wider network of intermediaries. Together, we are committed to delivering innovative, flexible, customer-centric options, and we look forward to working closely with Paradigm members to support their clients' increasingly diverse borrowing needs.”
