Network members of PFA will now be able to access the Lloyds TSB Scotland Spearhead's mortgage range which includes homebuyer, remortgage and additional borrowing products for both repayment and interest-only options.
In its mainstream product range, Lloyds TSB Scotland Spearhead offers homebuyer products up to a maximum of 90% loan to value, remortgage products up to a maximum of 85% LTV and both homebuyer and remortgage product options up to a maximum of 75% LTV.
All products will only be available through intermediaries and Lloyds TSB Scotland Spearhead also has a number of exclusive mortgage products available via its website to PFA member firms.
John Coffield, head of Paradigm mortgage services, said: “The inclusion of Lloyds TSB Scotland Spearhead on to the PFA lender panel will provide our network firms with access to a substantial product range and a lender which is focused on the intermediary market.”
Iain Malloch, head of mortgages at Lloyds TSB Spearhead, said: “We are delighted to have this opportunity to work with PFA network firms. We pride ourselves on our personal service, which when combined with a competitive product range delivers an unbeatable package for the IFA and mortgage intermediary and ultimately their clients. We look forward to developing a close mutually beneficial relationship with all the PFA firms.”