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.
If you have any questions about this please call us on 03300 536061 or email procfees@paradigmmortgages.com.
Lender Proc Fees
Last updated: 16.11.20
Accord
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Standard/Offset | 0.45% | 0.425% | £200 | No Max |
| BTL | 0.50% | 0.45% | No Min | No Max |
| Retention Product Transfer | 0.30% | 0.275% | £50 | No Max |
| BTL Product Transfer | 0.30% | 0.28% | No Min | No Max |
| Porting | 0.30% | 0.275% | £50 | No Max |
| Further Advance (paid on additional amount only) | 0.30% | 0.275% | £50 | No Max |
Aldermore
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.45% | 0.40% | ||
| Retention (All products) | 0.35% | 0.30% | ||
| All BTL | 0.55% | 0.50% |
Barclays
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential and Offset products | 0.35% | 0.33% | No min | No max |
| Buy To Let | 0.40% | 0.35% | No min | No max |
| Retention | 0.20% | 0.18% | ||
| Further Advance | 0.30% | 0.28% |
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 |
Put Paradigm as your payment route on your next application.
Beverley Building Society
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.37% | 0.35% |
You need to stipulate the Proc Fee payment route on each individual application, ensure you mention Paradigm on this.
Bluestone Mortgages
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.60% | 0.50% |
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% |
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% |
Chorley BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| BTL | 0.50% | 0.45% | ||
| Residential | 0.40% | 0.35% |
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 | £15,000 |
| BTL | 0.43% | 0.40% | No min | £15,000 |
| Product Transfer | 0.30% | 0.28% | No Min | £15,000 |
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 |
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 |
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% | £189 | No Max |
| BTL | 0.52% | 0.50% | £234 | No Max |
| Retention | 0.22% | 0.20% | No Min | No Max |
| Further Advances | 0.27% | 0.25% | £5.40 | No Max |
| Offset Mortgage | 0.52% | 0.50% | £234 | No Max |
| Family Mortgage | 0.57% | 0.55% | £256.50 | No Max |
Fleet Mortgages
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.50% | 0.45% |
Foundation Home Loans
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products | 0.50% | 0.45% |
Register online and list Paradigm as your submission route
Furness BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Resi & BTL | 0.40% | 0.38% | ||
| Retention | 0.30% | 0.28% |
Gatehouse Bank
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Home Purchase Plan | 0.55% | 0.50% | ||
| Single Unit BTL - UK resident | 0.55% | 0.50% | ||
| Limited Company and Portfolio BTL, UK Expat & International cases | 0.70% | 0.65% | ||
| HMO and MUFB | 0.70% | 0.65% | ||
| Product Transfer | 0.30% | 0.25% |
Godiva
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| BTL | 0.43% | 0.40% | No min | £15,000 |
| BTL Product Transfer | 0.30% | 0.28% | No Min | £15,000 |
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 | 0.36% | 0.34% |
Complete their online form with the 'additional payment route' request.
Hampden & Co
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.50% | 0.45% | ||
| Hampden & Co will pay a proc fee to Paradigm for all qualifying mortgage introductions | ||||
Say you're a Paradigm member when referring next case.
Hanley BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.35% | 0.33% | ||
| BTL | 0.40% | 0.35% | ||
| Self-Build | 0.50% | 0.45% |
Login to your Hanley BS account, go to settings to add Paradigm Mortgage Services to your list of available mortgage clubs
Hinckley and Rugby
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.42% | 0.40% | £225 | No Max |
Hodge Lifetime
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| 50+ 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 |
HSBC
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% | 0.38% |
Interbay
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| BTL, commercial & semi-commercial | 1.05% | 0.85% | ||
| Bridging | 1.20% | 1.00% |
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 |
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 | |
| Minimum fee of £150 gross and £125 net. Additional Borrowing/Further Advance minimum fee of £150 gross and £140 net. | ||||
Email Ipswich BS requesting to add Paradigm.
Kensington
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products | 0.50% | 0.40% | No Min | No Max |
Kent Reliance
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% | 0.35% | No Min | No Max |
| Buy to Let | 0.50% | 0.45% | No Min | No Max |
| Retention products | 0.30% | 0.27% | No Min | No Max |
| Further Advance - Residential | 0.40% | 0.35% | £150 | No Max |
| Further Advance - BTL | 0.50% | 0.45% | £150 | No Max |
Email Kent Reliance requesting to add Paradigm.
Keystone
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products | 0.80% | 0.70% |
Re-submit their registration form and email to Keystone.
Landbay
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products | 0.55% | 0.45% |
Email Jasmin at Landbay requesting to add Paradigm.
Leeds BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% | 0.37% | No min | £5,000 |
| BTL and Holiday Lets | 0.50% | 0.45% | No min | £3,750 |
| Product Transfers - Residential | 0.20% | 0.18% | No Min | £2,500 |
| Product Transfers - BTL | 0.20% | 0.18% | No Min | £1,500 |
Email Leeds BS requesting to add Paradigm.
Leek United
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential & BTL | 0.35% | |||
| * A £25 Override will be paid to Paradigm – this will be included in the Profit Share Scheme. | ||||
| Product Transfers | 0.25% | 0.23% | ||
You don’t need to contact Leek United to make any changes, as you can stipulate your desired payment route on each application. If you would like to submit an application online, please visit Leek United’s Intermediaries Online portal.
LendInvest
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.7% | 0.6% |
Put Paradigm as your payment route on your next application.
Live More
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.55% | 0.50% |
Select Paradigm as your payment route in the dropdown box on the application.
Mansfield Building Society
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.37% | 0.35% | ||
| Buy to Let | 0.42% | 0.40% | ||
| Retirement Interest Only | 0.50% | 0.48% |
Contact The Mansfield’s Intermediary Sales Support team on 01623 676360 or email brokers@mansfieldbs.co.uk
Marsden BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% + £25 | 0.40% | ||
| BTL | 0.40% + £25 | 0.40% | ||
| Older Borrowers/Retired | 0.40% + £25 | 0.40% | ||
| Expat Residential | 0.40% + £25 | 0.40% | ||
| Expat BTL | 0.40% + £25 | 0.40% |
Masthaven
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| First Charge | 0.55% | 0.50% | ||
| Second Charge | 1.10% | 1.00% |
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 |
Melton Building Society
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products (excl. retention) | 0.35% + £25 | 0.35% | £150 | £1000 |
| Retention | 0.25% + £25 | 0.25% | £150 | £1000 |
Metrobank
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% | 0.38% | £20,000 | |
| BTL | 0.43% | 0.41% | £20,000 | |
| Product Transfer | 0.30% | 0.285 |
Email Metrobank requesting to add Paradigm.
MT Finance
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 1.75% | 1.25% |
Choose Paradigm as the payment route from the drop down list when submitting a new case.
Nationwide
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential Products | 0.35% | 0.33% | No Min | No Max |
| Retention 'Switcher' products | 0.20% | 0.19% | No Min | No Max |
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% | No Min | £10,000 |
Newbury Building Society
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.37% | 0.35% |
Call 01635918000 or email brokerenquiries@newbury.co.uk requesting to add Paradigm as a payment route.
Newcastle Intermediaries
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.40% | 0.37% | ||
| BTL | 0.50% | 0.45% | ||
| Product Transfer | 0.20% | 0.18% |
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) |
| Limited Company BTL | 0.55% | 0.50% | £200 (gross) | £2000 (gross) |
Paragon
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.55% | 0.50% | £300 | |
| Minimum gross fee is £300, with a minimum net fee £270 | ||||
| Further Advances | 0.55% | 0.50% | £300 | |
| Product Transfers | 0.30% | 0.28% | £300 | |
| Second Charge | 1.50% | 1.25% | £300 | |
| Bridging | 0.75% | 0.70% | £300 | |
If you are already registered with Paragon and wish to switch your payment route to Paradigm, please email mortgagesalessupport@paragonbank.co.uk, copying in Moray Hulme (moray.hulme@paragonbank.co.uk) when requesting the change.
Pepper Homeloans
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All Products | 0.50% | 0.40% |
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% |
Precise Mortgages
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential & Buy to Let | 0.60% | 0.50% | ||
| Refurbishment Buy to Let | 1.20%* | 1.00%* | ||
| *0.60% Gross/0.50% Net is to be paid on completion of the bridge. 0.60% Gross/0.50% Net is to be paid on completion of the BTL element. | ||||
| Bridging & Short Term Lending | 1.75% | 1.30% | ||
| Fee Free Bridging | 1.00% | 0.90% | ||
| 2nd Charge Loans | 1.50% | 1.25% | ||
| Product Transfer | 0.30% | 0.28% | ||
Principality
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Standard | 0.40% | 0.38% | No min | £2,500 |
| BTL | 0.40% | 0.38% | No min | £2,500 |
| Retention | 0.20% | 0.18% | No min | £2,500 |
Please complete this form and email to Principality.
Progressive
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products (over £30k) | 0.38% | 0.36% | £175 | £2,000 |
| Retention | 0.20% | 0.18% | £200 | No max |
Santander
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Standard Residential | 0.34% | 0.32% | £250 | |
| BTL | 0.45% | 0.40% | £250 | |
| Retention Products | 0.20% | 0.18% |
Call 0141 275 7900 or email Santander requesting to add Paradigm.
Scottish Widows Bank
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products including Additional Borrowing, Product Transfer & Porting | 0.36% | 0.34% | No Min | No Max |
Complete their panel registration form and email to Scottish Widows.
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% |
Swansea Building Society
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential & BTL | 0.37% | 0.35% |
For each new case, you will need to complete a Mortgage Application Form (Broker), on which you should detail Paradigm as your chosen payment route. Alongside this, you must also submit the Paradigm Submission Sheet.
The Mortgage Lender
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.80%* | 0.50% | *Includes a marketing allowance. The gross for members is 0.58% | |
| BTL | 0.60% | 0.50% |
The Mortgage Works
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Buy to Let | 0.44% | 0.39% | No Min | No Max |
| Retention | 0.20% | 0.19% | No Min | No Max |
| Large Portfolio | 0.54% | 0.49% | No Min | No Max |
| Limited Company BTL | 0.54% | 0.49% | No Min | No Max |
Tipton BS
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.42% | 0.40% | ||
| BTL | 0.45% | 0.40% |
Together
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Resi & BTL | 0.60% | 0.50% | ||
| Bridging | 1.00% | 0.90% |
TSB
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.35% | 0.33% | ||
| BTL | 0.44% | 0.39% | ||
| Product Transfers | 0.28% | 0.27% |
Vida Homeloans
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential | 0.45% | 0.40% | ||
| Buy To Let | 0.50% | 0.45% |
Virgin Money
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| Residential, BTL & Shared Ownership | 0.50% | 0.45% | No min | No max |
| Product Transfer | 0.38% | 0.35% | No min | No max |
| Ported | 0.50% | 0.45% | No Min | No Max |
Zephyr Homeloans
| Product | Gross | Net | Gross Min | Gross Max |
|---|---|---|---|---|
| All products | 0.50% | 0.45% |
If you are already registered with Zephyr, and would like to change your payment route to Paradigm, you can do so on your Zephyr user profile - find instructions on how to do so here
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.