Ipswich Building Society has been added to mortgage club, Dynamo for Intermediaries’ panel.
The move will see Ipswich products available to Dynamo’s intermediary members across the UK.
Originally founded as Buy to Let Club, Dynamo for Intermediaries remains particularly active in buy to let mortgages but its proposition has grown to encompass standard residential, bridging and commercial mortgages too.
The announcement follows the appointment of Charlotte Grimshaw as Ipswich Building Society’s new head of mortgage sales.
Grimshaw says: “It has been a tumultuous year for the property industry and for intermediaries and their clients. We are hugely excited to be working with an organisation of Dynamo’s calibre and believe our manual lending approach to be invaluable to Dynamo’s intermediaries in the current economic climate. We look forward to supporting them and their clients.”
Dynamo for Intermediaries founder and chief executive Ying Tan says: “Although we anticipate that the majority of business placed with Ipswich Building Society will be standard residential and buy to let, we are also attracted by the availability of later life lending, with no maximum age limit for these borrowers. This is an area that we believe will be of increasing interest to our members in the future.”
