Tandem Bank has launched its residential purchase proposition. 

The lender says it brought the launch forward “due to extensive broker demand”.

It has worked with intermediary partners to ensure that customers’ remortgages complete without unnecessary delays. 

Tandem’s mortgage division managing director Steve Beard says: “We’ve listened to our intermediary partners and, following positive feedback, we are pleased to be able to launch our residential mortgage purchase product range earlier than expected.”

Beard adds: “With the purchase products, we’ve kept the same easy-to-use process. Intermediaries can submit a client’s decision in principle request through our portal and decision engine and receive a copy of the applicant’s/lender’s credit file once the ESIS has been produced. This gives the adviser all the necessary information to make a correct recommendation to their client.”

In December, Tandem Bank announced the launch of a range of first charge products for remortgages and unencumbered property.