Paradigm add LendInvest to panel
Paradigm Mortgage Services has added LendInvest to its lender panel.
Paradigm’s member firms will be able to register with LendInvest and access its range of buy-to-let products which has rates starting from 2.89%.
Paradigm advisers will also be able to make use of LendInvest’s broker portal which includes electronic signatures for applications, direct debit mandates and offers.
John Coffield, head of Paradigm Mortgage Services, said: “The buy-to-let market has not just stabilised over the last six months, but the latest UK Finance lending figures for the sector show an improvement in activity throughout 2019.
“Landlords have come to terms with the changes inflicted upon them and are increasingly looking to add to portfolios, especially as demand within the private rental sector remains strong.
“That’s why it’s important for Paradigm to offer access to as wide a range of products and lenders as possible within this sector, and we’re very pleased to be announcing the addition of LendInvest to our panel.
“LendInvest is at the cutting-edge of the market in terms of the technology it is using and its commitment to the speed of passage of mortgage business, plus it has a highly-competitive product range which spans a wide range of property types.
“Paradigm members I’m sure will want to explore its product range and wider proposition, and we’re looking forward to working together to develop our relationship in the months and years ahead.”
Ian Boden, sales director at LendInvest, added: “Partnering with a large, industry leading mortgage club such as Paradigm is another huge step forward in our plans for ramping up distribution of our buy-to-let product.
“Paradigms industry renowned expertise is a perfect compliment to the streamlined, technology driven service that our in-house team offer.”