Salt poised to spice up residential mortgage offerings in N Ireland

Salt, the specialist lending arm of Derbyshire Building Society, is set to launch its suite of residential mortgage products in Northern Ireland.

The lender will initially distribute its products through four packager partners – Solent Mortgage Services, Greenbank Mortgage Services, BDS Mortgage Desk and Praxis – all of which have been running packaging operations in Northern Ireland for several years.

Salt will be offering its products direct to brokers and through mortgage clubs and networks including PMS, Pink and Personal Touch.

Brian Carney, managing director of Salt, says: “The specialist lending market in Northern Ireland is not as well served as the rest of the UK and Salt will be a welcome addition for brokers specialising in the subprime and self-certification market.”