Paradigm member firms now have access to LendInvest’s new range of residential mortgage products.
This includes access to LendInvest’s new products aimed at borrowers with more complex credit histories, such as those with multiple income sources, people recovering from financial issues and those on zero hours contracts.
Among the products are a key worker mortgage, a ‘credit-friendly’ mortgage and a qualified professional mortgage. Borrowers can get up to 90% loan-to-value with rates starting at 5.39%.
Paradigm director of mortgages Richard Howes said: “In recent months we’ve seen movement from a number of specialist lenders into the residential mortgage space, and this from LendInvest is another very welcome decision for both advisers and their residential clients who have more involved or complex needs.
“This is a product range which looks at the needs of a number of growing borrower demographics and it’s particularly positive to see mortgages for key workers and professionals, who can benefit from a more individual approach when it comes to their finances.”
LendInvest commercial director Sophie Mitchell-Charman adds: “It’s a hugely exciting time at LendInvest right now with the launch of our new residential mortgages product. We are equally as excited to be launching this product via Paradigm, one of our longest standing mortgage distributor partners.”