Proc Fees

Paradigm Mortgage Services has secured market-leading proc fees for you, as detailed below. In addition, you will also receive an equal share of the retained fee Paradigm earns per case, thus increasing your overall proc fee. This is paid out once a year as a lump sum as part of our annual rebate scheme. Put simply, using Paradigm as opposed to other club routes increases your income.

We have created this guide to put your mind at ease about using Paradigm. Your proc fees will either be paid directly to you by the Lenders or will be paid to Paradigm we will pay this to you within 24 hours of receiving the money and the statement. To find out which Lenders pay you directly and which ones pay Paradigm, and to see how frequently they pay, click here.

We have also created a handy guide to Retention Fees to show you who pays for retention business and how much, which Lenders have plans to plus any additional information we have.

If you have any questions about this please call us on 0121 781 7337 or email procfees@paradigmgroup.eu.

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Lender Proc Fees

Last updated: 14.01.19

Accord

Product	Gross	Net	Gross Min	Gross Max
Standard/Offset	0.45%	0.425%	£200	No max
BTL	0.50%	0.45%		No max
Ported - additional loan (top up amount only)	0.30%	0.275%	£50
Retention - residential	0.30%	0.275%	£50
BTL Product Transfer	0.30%	0.28%

Add Paradigm as Payment Route

Re-register online with Paradigm as your mortgage club.

Aldermore

Product	Gross	Net
Residential & BTL	0.45%	0.40%
Retention/Product Transfer	0.35%	0.30%
Specialist BTL	0.80%	0.75%

Add Paradigm as Payment Route

Go to ‘My Profile’ and select 'Change Submission Routes' to add Paradigm.

Barclays

Product	Gross	Net	Gross Min	Gross Max
Residential and Offset products	0.35%	0.33%	No min	No max
Retention	0.20%	0.18%
Buy To Let	0.40%	0.35%	No min	No max
Further Advance	0.30%	0.28%

Add Paradigm as Payment Route

Email Barclays with your FCA number and user IDs to add Paradigm.

Bath BS

Product	Gross	Net	Gross Min	Gross Max
All products	0.375%	0.35%	£150	No max

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Bluestone Mortgages

Product	Gross	Net	Gross Min	Gross Max
All products	0.60%	0.50%

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

BM Solutions

Product	Gross	Net	Gross Min	Gross Max
BTL, H2H and Self Build	0.44%	0.39%

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Cambridge BS

Product	Gross	Net	Gross Min	Gross Max
Residential & BTL	0.40%	0.37%	£150
Retention products	0.20%	0.19%

Add Paradigm as Payment Route

Go to ‘My Profile’ and select 'Change Submission Route' to add Paradigm.

Chorley BS

Product	Gross	Net	Gross Min	Gross Max
BTL	0.50%	0.45%
Residential	0.40%	0.35%

Add Paradigm as Payment Route

Call 01257 235001 or email Chorley BS requesting to add Paradigm.

Coventry

Product	Gross	Net	Gross Min	Gross Max
Standard	0.43%	0.40%	No min	No max
BTL	0.43%	0.40%	No min	No max
Product Transfer	0.30%	0.28%

Add Paradigm as Payment Route

Call 0800 121 7788 or email Coventry requesting to add Paradigm.

Darlington BS

Product	Gross	Net	Gross Min	Gross Max
All products	0.35%	0.33%	No min	£1,050

Add Paradigm as Payment Route

Call 01325 741004 or email Darlington requesting to add Paradigm.

Earl Shilton

Product	Gross	Net	Gross Min	Gross Max
All Products	0.40% + £25	0.40%	£250

Add Paradigm as Payment Route

Download and use the Paradigm submission form when submitting your next case.

Family BS

Product	Gross	Net	Gross Min	Gross Max
Owner Occupier	0.42%	0.40%	£180	No Max
BTL	0.52%	0.50%	£234	No Max
Retention	0.22%	0.20%
Further Advances	0.27%	0.25%
Offset Mortgage	0.52%	0.50%	£234	No Max
Family Mortgage	0.57%	0.55%	£256.50	No Max

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Fleet Mortgages

Product	Gross	Net	Gross Min	Gross Max
All products	0.50%	0.45%

Add Paradigm as Payment Route

Go to ‘User Profile’ and select 'Change my submission route list' to add Paradigm.

Foundation Home Loans

Product	Gross	Net	Gross Min	Gross Max
All Products	0.50%	0.45%

Add Paradigm as Payment Route

Email Paradigm to get your super user updated.

Furness BS

Product	Gross	Net	Gross Min	Gross Max
All products	0.40%	0.38%

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Godiva

Product	Gross	Net	Gross Min	Gross Max
BTL	0.43%	0.40%	No min	No max
BTL Product Transfer	0.30%	0.28%

Add Paradigm as Payment Route

Call 0800 121 7788 or email Godiva requesting to add Paradigm.

Halifax

Product	Gross	Net	Gross Min	Gross Max
All products including Product Transfer & Further Advance	0.33%	0.315%

Add Paradigm as Payment Route

Complete their online form with the 'additional payment route' request.

Hampden & Co

Product	Gross	Net	Gross Min	Gross Max
	0.50%	0.45%		£5000
Hampden & Co will pay a proc fee to Paradigm for all qualifying mortgage introductions

Add Paradigm as Payment Route

Say you're a Paradigm member when referring next case.

Hanley BS

Product	Gross	Net
Residential	0.35%	0.33%
BTL	0.40%	0.35%
Self-Build	0.50%	0.45%

Add Paradigm as Payment Route

Got to your user settings and add Paradigm to list of mortgage clubs.

Hinckley and Rugby

Product	Gross	Net	Gross Min	Gross Max
All products	0.37%	0.35%	£300

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Hodge Lifetime

Product	Gross	Net	Gross Min	Gross Max
55+ Residential Mortgage	0.55%	0.50%	£225	No max
55+ Product Transfer	0.25%	0.25%	No min	No max
Retirement Interest Only Mortgage	0.55%	0.50%	£225	No max
RIO Product Transfer	0.25%	0.25%	No min	No max

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Interbay

Product	Gross	Net	Gross Min	Gross Max
BTL, commercial & semi-commercial	1.05%	0.85%
Bridging	1.20%	1.00%

Add Paradigm as Payment Route

Select Paradigm in the ‘Source of Business’ section on next application.

Investec

Product	Gross	Net	Gross Min	Gross Max
Million Plus Range	0.50%	0.45%	No min	£14,500
Professional Mortgage Residential	£750	£700
Professional Mortgage Buy to Let	£1000	£900

Add Paradigm as Payment Route

Re-register online listing Paradigm as a payment route option.

Ipswich BS

Product	Gross	Net	Gross Min	Gross Max
All products	0.40%	0.37%	£150

Add Paradigm as Payment Route

Email Ipswich BS requesting to add Paradigm.

Kensington

Product	Gross	Net	Gross Min	Gross Max
All Products	0.50%	0.40%

Add Paradigm as Payment Route

Go to 'Admin' tab and select 'Your Profile'. Select 'change preferred mortgage club' and choose Paradigm.

Kent Reliance

Product	Gross	Net
Residential	0.40%	0.35%
Buy to Let	0.50%	0.45%
Retention products	0.30%	0.27%

Add Paradigm as Payment Route

Email Kent Reliance requesting to add Paradigm.

Keystone

Product	Gross	Net	Gross Min	Gross Max
Classic Range	0.80%	0.70%
Solutions Range	1.05%	1.00%

Add Paradigm as Payment Route

Re-submit their registration form and email to Keystone.

Landbay

Product	Gross	Net	Gross Min	Gross Max
All Products	0.55%	0.45%

Add Paradigm as Payment Route

Email Jasmin at Landbay requesting to add Paradigm.

Leeds BS

Product	Gross	Net	Gross Min	Gross Max
Residential	0.40%	0.37%	No min	£2,250
BTL and Holiday Lets	0.50%	0.45%	No min	£2,250
Product Transfers	0.20%	0.18%

Add Paradigm as Payment Route

Email Leeds BS requesting to add Paradigm.

Marsden BS

Product	Gross	Net
Older Borrowers/Retired	0.40% + £25	0.40%
BTL	0.50% + £25	0.50%
Residential	0.40% + £25	0.40%
Expat Residential	0.40% + £25	0.40%

Expat BTL	0.50% + £25	0.50%

Add Paradigm as Payment Route

Put Paradigm as your payment route on your next application.

Masthaven

Product	Gross	Net	Gross Min	Gross Max
First Charge	0.55%	0.50%
Second Charge	1.25%	1.10%

Add Paradigm as Payment Route

Go to 'My Profile' and select 'Add or remove submissions routes' to add Paradigm. Select Paradigm on your next application.

MBS Lending

Product	Gross	Net	Gross Min	Gross Max
Near Prime Enhance, Near Prime & Credit Assist (including shared ownership and right to buy products)	0.55% + £25	0.55%	£150	£1000
Credit Recovery	0.65% + £25	0.65%	£150	£1000
Retention	0.25% + £25	0.25%	£150	£1000

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Melton Building Society

Product	Gross	Net	Gross Min	Gross Max
Retention	0.25% + £25	0.25%	£150	£1000
All Products (excl. retention)	0.35% + £25	0.35%	£150	£1000

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Metrobank

Product	Gross	Net	Gross Max
Residential	0.40%	0.38%	£20,000
BTL	0.43%	0.41%	£20,000
Product Transfer	0.30%	0.285

Add Paradigm as Payment Route

Email Metrobank requesting to add Paradigm.

Nationwide

Product	Gross	Net	Gross Min	Gross Max
Residential Products	0.35%	0.33%
Retention 'Switcher' products	0.20%	0.19%

Add Paradigm as Payment Route

Go to 'Manage My Details' and add Paradigm to list of mortgage clubs.

NatWest Intermediary Solutions

Product	Gross	Net	Gross Min	Gross Max
BTL	0.45%	0.40%	£250	£10,000
Residential/Remortgage	0.35%	0.32%	£250	£10,000
Product Transfer	0.20%	0.18%		£10,000

Add Paradigm as Payment Route

New Street

Product	Gross	Net	Gross Min	Gross Max
Residential	0.40%	0.35%
BTL	0.50%	0.45%

Add Paradigm as Payment Route

Go to 'User Profile' and select 'Amend my submission route list' to add Paradigm. Select Paradigm on your next application.

Newcastle Intermediaries

Product	Gross	Net	Gross Min	Gross Max
Residential	0.40%	0.37%
BTL	0.50%	0.45%

Add Paradigm as Payment Route

Nottingham Building Society

Product	Gross	Net	Gross Min	Gross Max
Residential	0.40%	0.38%	£200 (gross)	£2000 (gross)
BTL	0.40%	0.38%	£200 (gross)	£2000 (gross)

Add Paradigm as Payment Route

Re-register online listing Paradigm as a payment route option.

Pepper Homeloans

Product	Gross	Net	Gross Min	Gross Max
All Products	0.50%	0.40%

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Platform

Product	Gross	Net	Gross Min	Gross Max
BTL	0.48%	0.43%	No min	£1,680
Mainstream	0.40%	0.37%	No min	£4,000
Retention/Product Transfer	0.30%	0.28%

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Precise Mortgages

Product	Gross	Net
Residential & Buy to Let	0.60%	0.50%
Bridging & Short Term Lending	1.75%	1.30%
Fee Free Bridging	1.00%	0.90%
2nd Charge Loans	1.50%	1.25%

Add Paradigm as Payment Route

Go to 'User Profile' and select 'Change my submission route list' to add Paradigm.

Principality

Product	Gross	Net	Gross Min	Gross Max
Standard	0.35%	0.35%	No min	£2,500
BTL	0.40%	0.40%	No min	£2,500
Retention	0.20%	0.20%

Add Paradigm as Payment Route

Please complete this form and email to Principality.

Progressive

Product	Gross	Net	Gross Min	Gross Max
Retention	0.20%	0.18%	£200	No max
Renegotiation products (over £30k)	£150	£150
All products (over £30k)	0.38%	0.36%	£175	£1,500

Santander

Product	Gross	Net	Gross Min
Standard Residential	0.34%	0.32%	£250
BTL	0.50%	0.45%	£250
Retention Products	0.20%	0.18%

Add Paradigm as Payment Route

Call 0141 275 7900 or email Santander requesting to add Paradigm.

Scottish Widows Bank

Product	Gross	Net
Mortgage	0.37% + £50	0.37%
Further Adv (all loans must be over £10k)	£100	£90
Product Transfer	0.37% + £50	0.37%

Add Paradigm as Payment Route

Complete their panel registration form and email to Scottish Widows.

Secure Trust Bank

Product	Gross	Net	Gross Min	Gross Max
All Products	0.50%	0.40%

Add Paradigm as Payment Route

Skipton Building Society

Product	Gross	Net	Gross Min	Gross Max
Residential	0.40%	0.37%	£100	£4,000 (£3,700 Net)
BTL	0.50%	0.45%	£100	£3,750 (£3,375 Net)
Residential Retention	0.30%	0.28%
BTL Retention	0.35%	0.32%
Shared Ownership	0.45%	0.41%

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

The Mortgage Lender

Product	Gross	Net	Gross Min
Residential	0.80%*	0.50%	*Includes a marketing allowance. The gross for members is 0.58%
BTL	0.60%	0.50%

Add Paradigm as Payment Route

Add Paradigm as a payment route within your user settings.

The Mortgage Works

Product	Gross	Net
Buy to Let (all products)	0.44%	0.39%
Large Portfolio	0.54%	0.49%
Retention	0.20%	0.19%

Add Paradigm as Payment Route

Got to your 'Manage My Details' and add Paradigm to list of mortgage clubs.

Tipton BS

Product	Gross	Net	Gross Min	Gross Max
Residential	0.42%	0.40%
BTL	0.45%	0.40%

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Together

Product	Gross	Net	Gross Min	Gross Max
All Products	0.60%	0.50%

Add Paradigm as Payment Route

Re-register on their online application system, My Broker Venue (takes 24 hours).

TSB

Product	Gross	Net
Residential	0.35%	0.33%
BTL	0.44%	0.39%
Product Transfers	0.28%	0.27%

Add Paradigm as Payment Route

Put Paradigm as your mortgage club on your next application.

Vida Homeloans

Product	Gross	Net	Gross Min	Gross Max
Residential	0.45%	0.40%
Buy To Let	0.50%	0.45%

Add Paradigm as Payment Route

Re-register online with Paradigm as your mortgage club.

Virgin Money

Product	Gross	Net	Gross Min	Gross Max
Ported	0.50%	0.45%
Residential, BTL & Shared Ownership	0.50%	0.45%	No min	No max
Product Transfer	0.38%	0.35%	No min	No max

Add Paradigm as Payment Route

Visit their website and 'Update your details' to add Paradigm.

Procuration fees (proc fees) may be subject to lender restrictions such as minimum loans and maximim payments and are subject to change without notice. Proc fees are not normally available on further advances. We, Paradigm Mortgage Services do not accept responsibility for the communication of information on lender products or proc fees, nor can we guarantee being able to secure a loan offer according to product details and interest rates disclosed at the time of the application. It is your responsibility to ensure the correct gross procuration fee is displayed in the KFIs issued to clients.

The procuration fees listed are for reference only and our subject to change at short notice. Prior to submission of any mortgage application, Paradigm members should confirm what remuneration will be paid by contacting the lender directly. Paradigm will not reimburse members for any differences between figures listed and the amount received by the member from the lender.