Paradigm Mortgage Services has added Reliance Bank to its lender panel. 

The mortgage club says its members will have access to the lender’s full product range, which includes shared ownership and key worker home loans.

The bank, founded in 1890 by The Salvation Army, lends across England and Wales and offers a full range of mortgages for first-time buyers and homemovers. 

It donates up to 75 per cent of its profits to The Salvation Army International to support its evangelical and charitable work. 

Paradigm Mortgage Services director of mortgages Richard Howes says: “Over the course of the past few months Paradigm Mortgage Services has announced a number of new lender relationships with innovative operators in the market and we are very pleased to continue this with the appointment of Reliance Bank to our lender panel. 

“We know our adviser members respond to creativity and flexibility and we believe Reliance Bank fulfil this particularly in the key worker and shared ownership space. 

“We’re looking forward to working with the Reliance Bank team and would urge our member firms to have a look at its proposition in general and criteria.”

Reliance Bank head of mortgages Gareth Byrne adds: “I am delighted to partner up with Paradigm Mortgage Services; we see this as another important step in the bank’s journey to help mortgage advisers find our products and services, and be able to provide a solution to their clients’ needs and requirements. 

“More and more people are looking to borrow money in a socially responsible way. That’s exactly what your clients can expect with Reliance Bank.”

Last month, Paradigm Mortgage Services added Castle Trust Bank to its lender panel, which gave its members access to the specialist lender’s range of holiday property and residential buy-to-let products.