Tandem Bank has revealed that it’s developing a new mortgage product which will be suitable for first-time buyers. Ricky Knox, co-founder and CEO at Tandem, added: “It’s hard for most people to get on the property ladder and we want to help them embark on that journey with new tech and a customer-first approach to design.”
Ricky Knox, CEO at Tandem Bank, said: “We’re once again turning to our community to shape a new financial product, this time a crowd-designed mortgage. Many people feel like they’re priced out of the housing market or don’t have the credit record to get a favourable mortgage. We plan to address that."