The product is a two-year discount mortgage with an initial pay rate of 6.75%. Offered on an interest-only basis up to 75% LTV, the product offers full flexibility with no Early Repayment Charge (ERC) to pay at any time. Clients opting for the mortgage can opt for unlimited overpayments coupled with drawdown against overpayments at pay rate.
This final exclusive is available through Paradigm Mortgage Services until close of play on Friday 21st November. Intermediaries looking to access this deal should call 01453 768220 and request ‘Paradigm Exclusive’.
Paradigm offers a true partnership model providing advisers and intermediaries with greater value and additional income from their case placement, together with a share in the equity of the partnership.
John Coffield, Head of Paradigm Mortgage Services, commented: “We are delighted to be offering this final product exclusive from Stroud & Swindon Building Society to Paradigm members. The flexibility of this product should certainly appeal to mortgage intermediaries and their clients and those looking to access the deal should ensure they do so before the Friday 21st November deadline. This tie-up demonstrates the overall strength of the Paradigm proposition and that we continue to offer these exclusives in an ever-tightening market.”