Swansea Building Society has linked with Mortgage Advice Bureau to offer its products and services through the organisation’s mortgage network.
Mortgage Advice Bureau offers expert mortgage advice throughout the UK from a network of over 1000 advisers. Swansea Building Society’s products and services are now available through the organisation and will include the Society’s latest products, which have been launched following a review of its product range earlier this year.
The new products are aimed at those who are self-employed, customers in a role requiring a professional qualification (up to 90 per cent loan-to-value), households whose income is in excess of £100k, retired home owners over 55 (term up to age 85) and those looking for a buy to let or holiday let mortgage.
Alun Williams, chief executive of Swansea Building Society, said:
“We are really pleased to be added to Mortgage Advice Bureau’s lending panel, particularly as we share the same value of offering a face-to-face service to customers. We are confident that Swansea Building Society will be a welcome addition to Mortgage Advice Bureau’s network and that our common-sense approach to mortgage lending will be a positive change in a market where too often the computer says no.”
Brian Murphy, head of lending at Mortgage Advice Bureau, added:
“All advisers of Mortgage Advice Bureau across England and Wales now have access to Swansea Building Society, whose focus on providing solutions for underserved sectors of the market, combined with their common sense approach to underwriting will provide even more opportunities for our advisers to meet the needs of our customers.”
Swansea Building Society was established in 1923 and is currently the 35th largest building society out of 44 in the UK. With no credit scoring and all cases manually underwritten, the Society offers a unique, personal and tailored approach to mortgage lending.