Principality join Paradigm lender panel

Principality Building Society has announced that it has become the latest lender to join the Paradigm Mortgage Services lender panel.

Related topics:  Business
Warren Lewis
18th April 2019
Principality 555

The move will mean that Paradigm member firms will now be able to access Principality’s range of mortgage products which covers residential, buy-to-let and holiday let.

The Society is also active in the new-build market, lending up to 90% LTV on new-build residential properties and 75% on buy-to-let new-build flats or houses in England and Wales. The Principality’s fixed and discounted rate buy-to-let products for purchases and remortgages, are offered up to 75% LTV, plus it is one of the few lenders to consider holiday let applications across England and Wales.

Emma Graham, Principality Building Society’s National Account Manager, said: “I’m delighted to be able to offer our service-led proposition to a wider audience of brokers through Paradigm’s award-winning mortgage club. As a member-led organisation our underwriters don’t follow a standardised approach and will treat every single customer as an individual, applying common sense when assessing applications. We look forward to adding value to Paradigm’s adviser members by helping them place both straightforward and complex cases."

John Coffield, Head of Paradigm Mortgage Services, commented: “The Principality Building Society is focused on the needs of intermediaries and therefore we’re very pleased to be able to add it to our panel and to offer its range of products to our member firms. This is another lender which looks at a diverse range of product options and is active in a number of niche areas which will suit our membership, such as its Holiday Let proposition which is available across England & Wales. We are looking forward to working with the Principality and ensuring our members access its products and intermediary-led services.”

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