ModaMortgages, which officially launched last week, has been added to Paradigm’s lender panel with immediate effect.
Paradigm member firms will now have access to ModaMortgages’ range of BTL products, available to landlords with small or large portfolios, limited companies, individuals and those buying properties for the first time.
These can also lend on both houses in HMOs and MUFBs.
ModaMortgages products are available with lifetime tracker rates with a choice of fee options, on up to 75% LTV.
There is no minimum income requirement for loans under £1m, with the exception of first-time buyers, and top slicing provides more affordability options for landlords.
“Joining the Paradigm Mortgage Services’ panel allows us to offer our extensive range of specialist mortgage solutions to a wider network of intermediaries,” said Darrell Walker, director of sales and distributions at ModaMortgages (pictured above).
“Together we’re committed to delivering innovative, flexible, customer-centric options, and we look forward to working closely with Paradigm members to support their clients' increasingly diverse borrowing needs.”
Richard Howes, director of mortgages at Paradigm, added: “We’re very pleased to be bringing a relatively new lender, ModaMortgages, onto our panel providing our member firms with access to a new range of specialist buy-to-let products available to a wide range of landlord borrower types.”
