Network's offering will now include expanded range of mortgage products
PRIMIS Mortgage Network has added Swansea Building Society to its lender panel, allowing PRIMIS advisers access to its range of residential, buy to let, and holiday let mortgage products.
PRIMIS Mortgage Network is a mortgage and protection network offering a panel of mortgage lenders, as well as protection and general insurance providers.
Swansea Building Society is the latest to join its lender panel, which provides its brokers access to a wide range of mortgage lenders, from big high street names to smaller specialists able to help customers with specific needs.
The network’s offering will now include the society’s recently expanded range of unique and highly competitive mortgage products. This will include its new green mortgage, aimed at incentivising energy-efficient homes. The green mortgage is available only on properties which have an EPC rating of A or B, rewarding the purchasing of such homes with an especially low interest rate.
Swansea has also recently increased loan-to-value amounts for buy to let and holiday let mortgages, launched new products for limited company buy-to-let and holiday let mortgages, and is now allowing portfolio landlord applications for the first time in its 99-year history.
“We believe our unique range of mortgage products will extend the scope of propositions available to its advisers, who will then be able to find the right product tailored to their customers’ needs,” Alun Williams, chief executive at Swansea Building Society, said.
“At Swansea Building Society, we believe passionately in creating mortgage products that fit with homebuyers’ specific needs. We treat all applications on an individual basis with the aim of helping more people receive the appropriate finance – relevant to their individual circumstances – to fund their dream home.”
Vikki Jefferies, proposition director at PRIMIS Mortgage Network, added that Swansea joining their lending panel is the next step in ensuring brokers have access to the broadest range of products available.
“We’ve seen a rise in the number of advisers asking for guidance around buy-to-let and holiday let mortgages, so their inclusion on the panel is very timely and one which we know will provide added value,” Jefferies said.
