Principality latest Building Society to be added to Paradigm lender panel

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

From today Paradigm member firms will be able to access the Principality’s range of mortgage products which covers residential, buy-to-let and holiday let.

Residential mortgages are available on a two-, three-, and five-year basis with loans up to 90% available in England, and 95% available in Wales. It also offers Help to Buy mortgages in both England and Wales up to 75% LTV.

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.

Intermediaries are catered for with a dedicated intermediary support desk, direct access to underwriters who will always be on hand when you need them and full field based coverage across England & Wales.

For more details on Principality Building Society and its product range, please visit the Paradigm website at: https://www.paradigmmortgages.com/DA/Lenders/

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.”

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.’