Paradigm signs Tipton to lender panel

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Paradigm Mortgage Services has added the Tipton & Coseley Building Society to its lender panel.

The firm will lend at up to five times loan-to-income, subject to a minimum income and an affordability assessment.

Tipton does not use credit scores and each case is examined by an underwriter.

Paradigm Mortgage Services head John Coffield says: “The Tipton operate in a number of significant niche product sectors, and with a proposition that focuses on the personal touch, with no credit scoring and individual underwriting, we believe our advisers will find much to interest them.

“We are looking forward to working with the team at Tipton in order to develop this new relationship and to ensure it works for all stakeholders.”

Tipton & Coseley Building Society head of mortgage sales (intermediary & direct) Richard Groom says: “As we continue to widen our intermediary reach, we are delighted to be joining Paradigm’s lender panel.

“We believe our common sense, pragmatic approach to underwriting will offer members a number of new angles for their clients. We look forward to working with them and developing a close relationship with Paradigm’s members.”