Mortgage Intelligence adds Stafford BS to lender panel

The Stafford Building Society has joined Mortgage Intelligence's lender panel.

The Stafford's range supports borrowers whose circumstances fall outside traditional automated lending models, such as complex income profiles, self-employed or contract work, borrowers transitioning towards retirement, and non-standard property types.

Through the partnership, Mortgage Intelligence members can now place these cases with The Stafford through its manual underwriting approach.

Emma Parker, national account manager for intermediaries at The Stafford Building Society, said: “We’re really pleased to be partnering with Mortgage Intelligence and working more closely with their broker network. Advisers are increasingly looking for lenders who will engage with real-life complexity, and our team is focused on supporting brokers through thoughtful underwriting and practical, case-by-case decision-making."

Graham Wood, head of products and partnerships at Mortgage Intelligence, commented: "We’re delighted to welcome The Stafford Building Society to our panel. They offer a genuinely personal approach through manual underwriting and flexible mortgage solutions. Their high-quality service gives our members confidence that cases will be assessed fairly and with a practical, transparent approach."

From 1st March, The Stafford Building Society is reducing its standard variable rate (SVR) by 0.25 percentage points. 

The residential SVR will fall to 5.10%, below he current average of 7.15%, according to Moneyfacts data.