"It has been something of a rollercoaster ride for the buy-to-let and private rental sectors in recent months, but the fundamentals remain sound, and landlord borrowers need quality advice more than ever"
Paradigm has added specialist buy-to-let lender, Quantum Mortgages, to its lender panel.
The intermediary-only lender focuses on the needs of experienced and professional landlords, and Paradigm members will now have access to Quantum’s range of buy-to-let products covering single units, multi-units and HMOs, specialist, expat and foreign national borrowers, limited company SPV and green options.
Quantum is also active in the holiday let and AirBnB sector, and offers loans between £25,001 and £1 million with terms between two and 40 years across its entire range. Day 1 remortgages are also available including refinancing of bridging and development finance.
Capital raising is available for any legal purpose, while Quantum also lends on leasehold properties as long as there is a minimum term remaining of 35 years at the end of the mortgage term.
Quantum lends across England, Wales and Northern Ireland.
Richard Howes, director of Mortgages at Paradigm, commented: “Providing Paradigm members with access to as many buy-to-let product options as possible, to cater for an increasingly diverse and complex client base, is a must and therefore we are very pleased to be adding Quantum to our lender panel today. It has been something of a rollercoaster ride for the buy-to-let and private rental sectors in recent months, but the fundamentals remain sound, and landlord borrowers need quality advice more than ever, plus access to as wide a range of product solutions as possible in today’s market. We’re looking forward to working with the excellent team at Quantum, to introduce their proposition to our member firms who are active in this part of the mortgage market.”
Spencer Gale, director of distribution and marketing at Quantum Mortgages, said: “We are delighted to join the panel of Paradigm Mortgage Services – a business which is recognised as one of the leading mortgage distributors in the UK. With a membership that now stands at over 1,700 firms, the addition of Quantum Mortgages will open up even more product solutions for their customers who don’t meet the needs of high-street and other specialist lenders.”
