MCI Club adds Harpenden to its growing lender panel

The MCI Mortgage Club has appointed Harpenden Building Society to its growing lender panel.

In response to growing demand within the specialist sector, the Mortgage Club continues to partner with innovative providers to maximise the number of solutions available, and accommodate a wide range of customer circumstances.

Harpenden provides individually-underwritten mortgages tailored to customers’ needs. There’s no tick-box credit scoring, just an individually-assessed, common-sense approach, using good judgement and sound lending practice.

Harpenden offers a range of residential and specialist mortgages, covering: holiday lets, including Airbnb, self-build (including development to sell or let), residential bridging, guarantor mortgages, products with no early repayment charges (ERCs), and interest-only.

Its policy of lending to people in different types of employment has kept pace in an ever-changing environment. Harpenden lends to people who are employed, self-employed, retired and contractors. It considers many income sources when determining mortgage affordability, including not just salary but also bonus and commission, self-employed income, pension and investment or trust income.

Melanie Spencer, Head of the MCI Club, said “As customer circumstances become more complex, MCI Mortgage Club welcomes those lenders that can offer mortgages to accommodate this ever-changing market. Harpenden Building Society’s flexible underwriting approach will be welcomed by our members and makes them a valuable addition to our panel.

Craig Middleton, Mortgage Sales & Distribution Manager at Harpenden Building Society, “We are constantly looking at new ways to increase our access to a wide range of brokers. Partnering and working with MCI Club shows our ambitions to grow our distribution channels. We are delighted to join the MCI pane and we look forward to working closely with the team. It is a natural extension of our proposition as we look to support more advisers wanting access to a common-sense, flexible and bespoke approach to lending.”