Its members gain access to the bank's mortgage products
Mortgage distributor Paradigm has added Tandem Bank to its lender panel, providing its members access to the digital bank’s mortgage products.
These products include specialist mortgages with discounted rates for borrowers who have a property with an energy performance certificate (EPC) rating of ‘A’, ‘B’, or ‘C’, bespoke residential remortgages up to a maximum LTV of 90%, product transfers, and specialist products for borrowers not eligible for high-street lenders.
Tandem’s mortgage division was launched in November 2022 as a stand-alone, intermediary-focused business, concentrating on specialist first-charge mortgages. Its first product range focuses on remortgages, with a focus on speeding up the application to completion process.
Founded in 2014, the bank has a strong proactive background in tackling green issues, launching green product features and a dedicated hub to greener living.
“It is always exciting to be able to bring a new lender on board the Paradigm panel, and to offer our member firms access to a new range of products, designed specifically for the intermediary mortgage market,” Richard Howes (pictured), director of mortgages at Paradigm Mortgage Services, said.
“Tandem might be new, but they have a wealth of experience within the mortgage division, and have clearly looked at the market from the adviser’s point of view, shaping the product and service proposition to make it work specifically for the intermediary sector. We’re looking forward to working with the team at Tandem Bank and presenting its offering to our member firms.”
David Venn, key regional manager at Tandem Bank, said they, too, were “excited to be working with one of the leading mortgage distributors in the UK” and bringing their new remortgage products to Paradigm’s members.
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter.
