"Building societies are pushing the envelope when it comes to mortgage product choice, and the range of options available, particularly for non-mainstream borrowers."
Beverley Building Society lends throughout England and Wales and recently launched a new broker online system.
It offers a range of products including self-employed mortgages, later life mortgages including retirement interest-only, self-build, and a 95% LTV first-time buyer range with Family Assist products.
John Coffield, head of Paradigm Mortgage Services, commented: “The ability to look at individual cases via manual underwriting often means building societies are pushing the envelope when it comes to mortgage product choice, and the range of options available, particularly for non-mainstream borrowers. Beverley Building Society is one such lender that continues to develop its offering in a variety of sectors and we are therefore very pleased to be able to add them to our lender panel and to provide access to Paradigm member firms.
"In areas such as self-build, first-time buyer, later life and mortgages for the self-employed, Beverley Building Society is able to offer real choice, and with its online system, it is also cutting down on the administrative burden for advisers. We are looking forward to working with the team at Beverley Building Society and ensuring advisers are fully aware of its proposition and the borrowers it can support.”
Graham Carter, head of lending at Beverley Building Society, added: “We are delighted to be added to the Paradigm Lender Panel. As a niche lender in a very competitive market we want to reach out to more mortgage intermediaries and through Paradigm we are able to do this. Our rates are highly competitive but it’s our service and flexible underwriting that we pride ourselves upon. John has already highlighted our strengths and we are hopeful that we can increase our intermediary base and assist more clients whenever we can.”
