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Tandem Bank launches affordability calculator

Tandem enhances First Charge Mortgages in line with broker feedback and new calculator will support better and faster lending decisions across residential mortgages

Tandem, the UK's leading greener digital bank, has continued its commitment to evolve and refine its residential mortgage offering and has today announced the launch of it affordability calculator to support intermediaries.

Brokers can now quickly check the maximum loan available in a few, quick simple steps, leading to better and faster lending processes and decisions. The launch comes off the back of direct feedback following Tandem’s engagement with intermediaries.

Roger Morris, Sales and Distribution Director at Tandem, expressed the importance of the bank's collaborative relationship with mortgage advisors, stating: “We’re delighted to launch our the affordability calculator, which will be again help our brokers with better and faster decisions. Created following their feedback, the initial results are overwhelmingly positive – I’m delighted we can listen to them  and act quickly to ensure Tandem remains a leader in the market and our proposition continues to develop.”

While a digital bank, Tandem has been keen to evolve its proposition and engage directly with brokers, who remain core to the bank, through its Key Relationship Managers.  The bank sees this human element as primary in underpinning its technology and experience.

Benefiting customers’ pockets and the planet, Tandem offers greener ways to save, borrow, spend and share. From low emission motor loans, to lending for greener home improvements, to EPC discount mortgages and green savings, its products make it easier for more people to choose a greener lifestyle – helping save money, whilst reducing carbon footprints.

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