Paradigm’s recent collaboration with Loughborough Building Society introduces a wide array of mortgage products to its members.
- The partnership grants access to options such as home purchases, large loans, and buy-to-let offers.
- Loughborough provides new intermediary-focused calculators for various mortgage products.
- Paradigm’s network expands with Loughborough, offering innovative solutions to diverse borrowing needs.
- Key figures from Paradigm and Loughborough express enthusiasm for the new partnership.
In a move to enhance its lending capabilities, Paradigm has announced the inclusion of Loughborough Building Society in its lender panel. This addition is particularly significant as it provides Paradigm member firms with access to a broad spectrum of mortgage products. These range from conventional home purchases and remortgaging options to more specialised offerings such as large loans, buy-to-let, and borrowing into retirement.
Loughborough Building Society has introduced a set of intermediary-focused affordability calculators, designed to assist with a variety of specialist products. These include high-income multiples and lending strategies aimed at retirement, alongside more traditional residential products. The buy-to-let calculator has been updated to include let-to-buy, family buy-to-let, and holiday lets.
Paradigm members are now in a position to register with Loughborough, enabling them to access the complete range of products and a wealth of supporting documents through an online mortgage portal. Richard Howes, director of mortgages at Paradigm, praised the addition, stating that the mutual sector now offers an extensive array of borrower-focused solutions.
Ashley Pearson, head of intermediaries at Loughborough Building Society, highlighted the potential of this partnership to offer their specialist mortgage solutions to a broader network. Both organisations are committed to providing innovative and flexible options, catering to the varied and evolving needs of their clients.
This partnership marks a strategic advancement for both Paradigm and Loughborough, expanding access to key mortgage products for a diverse clientele.
