CCR Magazine

You are here  :Home arrow News arrow Paradigm add Bluestone Mortgages to lender panel
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Paradigm add Bluestone Mortgages to lender panel PDF Print E-mail
Thursday, 21 September 2017
Paradigm Mortgage Services, the mortgage services proposition, has today announced that Bluestone Mortgages, the specialist lender, has been added to its lender panel.

From today, Paradigm member firms will be able to access Bluestone’s range of mortgages which are designed to help customers who are able to demonstrate affordability, but are struggling to get past automated application processes.

Bluestone offers mortgages to all types of borrowers and has products for the self-employed - with only one year trading history, day one contractors, and those who have experienced credit problems in the past.

Borrowers’ CCJs/defaults of under £250 are ignored, even if they are within the last three months, while Bluestone also offers a specific IVA/bankruptcy range. The lender will also lend to up to four applicants per property and uses all their income in its affordability calculation. Bluestone does not credit score and offers advisers direct access to its underwriters in order to discuss potential and existing cases.

In order to begin working with Bluestone, advisers will only need to complete a simple online registration form, and the lender commits to setting up the agency within 48 hours.

John Coffield, Head of Paradigm Mortgage Services, commented: “Given the specialist needs of many borrowers, the UK lending landscape needs lenders who are willing to look at individuals on a case by case basis, to take real account of their unique circumstances, and to appreciate how these might not fit traditional, vanilla lending operators. In areas such as mortgages for the self-employed and contractors advisers and their clients have been underserved as have those with minimal arrears/defaults. It is therefore a real positive to have a relatively new lender like Bluestone working in these areas and committed to a service which truly focuses on affordability and has a product offering which is specialist through and through. We are sure that Paradigm members will want to embrace working with Bluestone, particularly as we continue to see a rise in mortgage demand from such clients. This is all about ensuring we have product fits for all types of borrowers and we are certainly looking forward to working with the team at Bluestone to help develop its proposition in these areas and beyond.”

Steve Seal, Director of Sales & Distribution at Bluestone Mortgages, said: “We are delighted to announce our latest distribution partnership with Paradigm Mortgage Services. We believe Paradigm shares our views in supporting customers that are underserved by high-street lenders, particularly those who are self-employed, have variable incomes or have had credit problems. We’re looking forward to working closely together.”

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197