Mortgage, protection and compliance services proposition, Paradigm, has announced the addition of Tandem Bank to its lender panel.

Tandem’s mortgage division was launched in November 2022 as a standalone, intermediary-focused business, concentrating on specialist first charge mortgages.

From today, members of Paradigm will be able to access the digital bank’s range of flexible mortgages including specialist mortgages with discounted rates for borrowers who have a property with an Energy Performance Certificate (EPC) rating of A, B, or C.

Paradigm members will also have access to Tandem's bespoke residential remortgages up to a maximum loan-to-value (LTV) of 90%, product transfers, and specialist products for those borrowers not eligible for high street lenders.

Director of mortgages at Paradigm, Richard Howes, commented: “It is always exciting to be able to bring a new lender on board to the Paradigm panel, and to offer our member firms access to a new range of products, designed specifically for the intermediary mortgage market.

“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 and presenting its offering to our member firms.”

Key regional manager at Tandem, David Venn, added: “Tandem can complete a remortgage faster than any of our competitors, thanks to our innovative use of free lender-only legals - an in-house service to borrowers so they can obtain their funds faster and with the minimum of fuss.

“Allied to the use of AVMs which can be used up to 75% LTV or alternatively a free valuation up to £750,000, Tandem brings a new methodology to the remortgage market, which will help increase adviser business and delight clients. We are excited to be working with one of the leading mortgage distributors in the UK and bringing our exciting new remortgage service to their members.”

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