Paradigm mortgages (Review)
In this brief guide, we are going to discuss Paradigm mortgages.
Who are Paradigm mortgages?
Paradigm mortgages are one of the biggest mortgage clubs in the UK with over 3,000 advisors and over 1,100 directly authorised firm.
Paradigm Mortgage Services was launched in September 2007.
Paradigm mortgage provides a whole of market panel to its mortgage brokers along with a range of mortgage-related services from its partners and in house mortgage-related support which it provides to its mortgage brokers.
Paradigm mortgages have separated itself from other mortgage clubs and mortgage distributors in the market by offering a more bespoke service to its mortgage brokers.
This has been reflected in the awards that paradigm mortgages have won, they include:
Best Mortgage Club at the Mortgage Strategy Awards 2018
Bob Hunt as Business Leader – Mortgage Club at the British Mortgage Awards 2018
Best Mortgage Club at the MoneyAge Mortgage Awards 2018
Should you join Paradigm mortgages?
Below are some of the advantages of joining paradigm mortgages.
They don’t charge any membership fees
Paradigm mortgages provide a Unique rebate scheme giving you equal share in retained fee income
Paradigm mortgages have a whole of market lending panel with market-leading procuration fees
The paradigm mortgage help desk is well thought of
They have access to exclusive and semi-exclusive products
They offer protection products from Paradigm Protect, their comprehensive Protection & GI proposition
They regularly host events which you can attend for free & with priority attendance at their events
They provide mortgage & Protection sourcing systems and lead-generation tools at discounted rates
Access to Paradigm Equity Release Club and/or Referral Partner
They also provide market leading Conveyancing services
Paradigm Legal – will writing and legal services
Comprehensive compliance support services
Regular market commentary and news
Joining paradigm mortgages?
The process to join paradigm mortgages is quite simple.You fill in a quick for on their website.
Your application will be reviewed and if you are approved you will then be able to join paradigm mortgages.
There are no monthly fees or ongoing costs to join.
You will earn the same procuration fees which the mortgage lenders have always paid out.
You will also receive half of the retained fee that Paradigm earns per case.This means you will now earn more than you were earning before. This fee is paid out one a year as part of Paradigm mortgages rebate scheme.
How to contact paradigm mortgages?
The contact us page of Paradigm mortgages has more detailed information on their contact details.
If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.
You can also contact the debt charity “Step Change” if you are in debt and need help.