New partnership will expand reach for lender
Afin Bank, which specialises in underserved borrowers and launched last year, has added L&C Mortgages to its broker panel.
Afin offers residential and buy-to-let mortgages to customers whose circumstances may mean they struggle to obtain finance from mainstream lenders. This includes the self-employed and contract workers, people with complex incomes, high-net-worth customers and foreign nationals with a UK work visa.
The company assesses each borrower’s financial situation and individually underwrites every mortgage.
Beating the tick box approach
Anum Mahmood, national key account manager at Afin Bank, said: “We’re delighted to be working with L&C Mortgages, supporting its advisers and reaching even more borrowers struggling to get a mortgage because they don’t fit the tick box approach of many lenders.
“L&C will have full access to all our mortgages, from our core Prime range through to our propositions designed for the needs of people like qualified professionals and ‘asset rich’ income light’ high-net-worth borrowers.
David Hollingworth, associate director, communications at L&C Mortgages, said: “Our advisers are dealing with thousands of enquiries each month, so it’s crucial that we have as wide a spread of lending solutions as possible for our customers.”
