View more on these topics

Paradigm adds Banco Halifax Hispania to panel

Paradigm Mortgage Services, the mortgage partnership proposition, has added Banco Halifax Hispania to its lender panel.

Paradigm members will now be able to access Banco Halifax’s range of mortgage products available for those clients looking to finance a property in Spain.

The range of mortgage products Banco Halifax offers are designed with British expatriates in mind and include: variable and fixed rate mortgages; interest-only up to 15 years; mortgage terms up to 40 years; lending up to a maximum of 70% LTV; and an agreement-in-principle service.

Banco Halifax provides all forms and information in English with a team of Spanish Mortgage Consultants available to assist with all paperwork. It also provides an approved panel of qualified solicitors and surveyors in both the Costa del Sol and Costa Blanca regions. Paradigm Mortgage Services members using Banco Halifax’s range of products and services will not only benefit from attractive rates but also competitive commission terms.

Bob Hunt, chief executive of Paradigm Mortgage Services, says: “We are delighted to announce the addition of Banco Halifax Hispania to the Paradigm Mortgage Services lender panel. Its inclusion on the panel now opens up the Spanish mortgage market to our members and offers access to one of the most-respected lenders operating in the territory. Paradigm members will now be able to access Banco Halifax’s range of mortgage products for clients looking to finance property purchases in Spain and be confident they are working with experts in the market.”

Ian Andrews, national business development manager at Banco Halifax Hispania, says: “There is growing demand for access to Spanish mortgages amongst the broker community and our products are designed specifically to fulfil the needs of British expatriates buying in Spain. Everything we do at Banco Halifax Hispania is designed to make it easier for brokers to do business with us and we look forward to working with Paradigm in the near future.”

Recommended

Hurrah for legal judgement against FOS

Sense prevails, but how long will it last and how widespread will the ramifications be? I refer to the little reported but sagacious decision of a County Court judge in Trowbridge who ruled against the Financial Ombudsman Service.

Packagers must be kept in the loop

Over the past few months it has become apparent that lenders are splitting into two camps. On one hand you have firms that are still lending in vast quantities. On the other you have lenders limiting the amounts on offer. Most providers sit somewhere between these extremes.

AToM guarantees 48 hour proc fee payment

All Types of Mortgages has guaranteed proc fee payment within 48 hours of confirming a completed deal. The firm says it prides itself on paying brokers in a timely manner especially in the wake of a number of packagers having to delay payment due to market turbulence.AToM makes twice-weekly BACS payments in order to provide […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

Newsletter

News and expert analysis straight to your inbox

Sign up