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Gatehouse Bank joins Paradigm’s provider panel

Sam Monk | 14:01 Tuesday 4th June 2019

Gatehouse Bank has been added to Paradigm Mortgage Services’ provider panel.

Members of the mortgage distributor will be able to register with Gatehouse Bank — which offers home purchase plans, BTL and commercial property finance — and access products for their clients.

Gatehouse Bank also offers a sharia-compliant proposition which enables the customer to buy property jointly with the bank.

“[The sharia-compliant proposition] is undoubtedly an important niche sector of the market and — coupled with its BTL proposition, which covers areas like limited companies and products such as HMOs and multi-unit blocks — we feel it is an important addition for our members,” said John Coffield, head of Paradigm Mortgage Services (pictured above).

Roger Evans, director of home finance distribution at Gatehouse Bank, added: “Sharia-compliant finance is growing in the UK and we are seeing an increased demand from customers interested in our ethical approach, human underwriting and competitive products.

“Working closely with Paradigm will further allow us to offer a high-level service to brokers and their clients, whether that’s for BTL or our homeowner finance products.”

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