Buckinghamshire BS joins forces with Vantage

By Bridging Loan Directory 4th February 2015

Vantage Finance has added Buckinghamshire Building Society to the lender panel for its newly launched specialist mortgage packaging division. To mark the development, Vantage is offering intermediaries and clients access to an exclusive three-year, fixed-rate mortgage from Buckinghamshire Building Society.

The division, launched last December, has been created to offer intermediaries specialist mortgages in both the residential and buy-to-let (BTL) markets. As well as distributing products for complex residential mortgage cases, it expands Vantage’s current specialist BTL offering.

By expanding its panel, Vantage is creating a strong cross-section of the specialist sector that represents the market. Buckinghamshire BS combines mainstream pricing with a personal service, and its commitment to understanding clients’ varying circumstances while still focusing on the prime end of the market makes it a natural fit for the packager.

To celebrate the start of the partnership, Vantage can now provide its brokers and clients with exclusive access to Buckinghamshire Building Society’s new three-year, fixed-rate mortgage. Available to both the employed and self-employed, it offers a fixed rate of 2.09 percent until April 2018. Offered on a repayment basis, the product is for owner-occupiers looking to purchase or remortgage. With a minimum loan amount of £100,000 and a maximum LTV of 70 percent, the minimum property value is £150,000.

Julie Hanif, Business Development Manager at Buckinghamshire Building Society, commented:

“Buckinghamshire Building Society is delighted to join forces with Vantage Finance, an established, highly regarded company in the commercial sector which is now building its residential lending portfolio in the Home Counties and further afield.

“We’re keen to support Vantage on this project as we are a long-established residential lender and wanted to help launch a competitive, fixed-rate product to support borrowers. As a mutual building society owned by its members, we assess mortgages with individual underwriting rather than relying solely on credit scoring, which creates a service with a personal perspective”.

Lucy Hodge, Director of Vantage, said:

“By continuing to expand our lender panel, we’re ensuring that Vantage remains ideally placed to offer our brokers and clients the best products available for their specialist, often complex, needs. We’re particularly excited to welcome Buckinghamshire BS to the panel as they continue to develop and expand their product offering this year. We share a commitment to delivering a high-quality service and already have a strong relationship, helped by the fact they are located just minutes from our own Gerrards Cross-based office”.