Paradigm Mortgage Services has added United Trust Bank (UTB) to its lender panel. 

Paradigm members will now have access to the full UTB product range that covers both regulated and unregulated secured funding facilities for individuals and businesses.

UTB offers first- and second-charge products designed to cater for customers whose circumstances aren’t best served by the mainstream mortgage market, with options available for purchase, remortgage, first-time buyers, interest-only and unencumbered capital release.

The lender offers products to the self-employed, contractors, other borrowers with complex incomes and married sole applicants and considers property types such as former local authority homes, high rise, flats above commercial, flying freeholds and non-traditional construction. 

Paradigm Mortgage Services director of mortgages Richard Howes says: “Specialist mortgage finance is likely to be one of the key growth areas for advisers in the months and years ahead, and we are very pleased to be able to bring on panel one of the key lenders in this sector. By doing this, we can offer Paradigm members access to another range of mortgages all designed for those who might not meet mainstream affordability and/or criteria.

“UTB has also invested heavily in the technology it uses to interact with advisers in order to provide certainty and speed, and we are looking forward to working with the highly-experienced team [at the lender] to ensure our member firms and their clients are fully aware of its mortgage and service proposition.” 

Last week, Paradigm announced the addition of Castle Trust Bank to its panel.