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.