Paradigm Mortgage Services has added Gable Mortgages to its lender panel.

The addition of Gable Mortgages provides its member firms with access to the lender’s range of zero-deposit, residential mortgage products.

Gable Mortgages is a new-to-market lender focused on providing mortgage options without the need for a traditional deposit.

The lender’s products are products available in England and Wales to both first-time buyers looking to get onto the property ladder, and next-time buyers who may not have sufficient equity in their existing property to fund their next move.

The lender currently offers two five-year fixed-rate, 100% LTV residential purchase products, covering both existing properties and new-build homes.

Paradigm Mortgages Services managing director Richard Howes says: “Deposit requirements continue to be one of the biggest challenges facing prospective purchasers, and while this is often viewed primarily as a first-time buyer issue, there are also existing homeowners who would like to move but simply do not have the level of equity required to fund their next purchase.”

“Gable has entered the market with a proposition specifically designed to address these issues, and its 100% LTV options give our member firms another route to consider for clients who have demonstrated they can afford their mortgage payments but do not have access to the deposit that would normally be required.”

Gable Mortgages mortgage operations director Lisa Crane adds: “We’re delighted to partner with Paradigm Mortgage Club as we bring Gable’s new 100% mortgage to its extensive community of directly authorised advisers. Paradigm’s strong lender relationships, whole-of-market reach and commitment to practical, technology-enabled support make it an ideal partner for this launch.”