Paradigm Mortgage Services are delighted to have been awarded Best Mortgage Club at the 2018 and 2019 Mortgage Strategy Awards. We have strived hard to build strong, lasting relationships with our members, lenders and providers as well as supporting the DA intermediary market.
Here are some of the top reasons we think we’ve been awarded Best Mortgage Club for two years in a row:
- Our unique Profit Share scheme allows you to earn more per case by receiving a 50% split of all retained fees received via Paradigm in addition to your initial procuration fee. To put this into perspective, firms who process 3 residential and 3 BTL cases per month could generate on average £2,214 of additional income per financial year!
- An ever-growing whole of market lending panel with over 60 lenders and packagers to cater for as many client needs and circumstances as possible. Paradigm has negotiated market-leading procuration fees with all of our lenders and packagers.
- The majority of procuration fees are now paid within 2 to 3 weeks of case completion by our lenders. Paradigm promises to process any payments received by a lender the same day via BACs.
- A highly-commended Mortgage Helpdesk to help you find lenders for those more complex cases. Our helpdesk staff work closely with our panel to make sure that our lender criteria is up-to-date and assisted with almost 9,000 member queries in 2019!
- Paradigm Protect, our comprehensive Protection & GI proposition, has a simple joining process where your agencies are only aligned to us if your net terms are better off. This means you can only ever increase your commission earnings. A protection helpdesk is also available to help find place those clients with complex or historic medical issues.
- Free & priority attendance at our CPD events which we hold across the country focussing on Mortgages, Protection, Specialist Lending, Later Life Lending and more! Each of these events also includes a session from Paradigm which either provides attendees with a regulatory update or focussed on upcoming market changes such as new technology that may benefit your business.
- Mortgage & Protection sourcing systems and lead-generation tools at discounted rates, the most notable of which is our free iPipeline Solution Builder licenses offer for Paradigm Protect members. Solution Builder allows indicative premiums on multi-benefit quotes to be produced in a simpler and more efficient process and in trials with a number of firms, has grew average premiums (and thereby commissions) circa 20% with very little additional effort for advisers.
- Paradigm’s Equity Release Club has a number of direct lenders but also access to our referral partners, Key Partnerships and Age Partnership. These allows firms who don’t have equity release permissions, or those with the permissions but not the confidence to carry out the business, to still earn a minimum of £700 commission per case.
- Market leading Conveyancing services with two leading conveyancing firms to bring you choice and flexibility for all yours and your clients’ conveyancing needs. Each of the conveyancing providers has been chosen because of their high level of expertise and service, ensuring that you and your clients receive a timely response and competitive costs.
- Paradigm Legal, with support from Redstone Wills, provides a straightforward and first class Will Writing Service but also brings potential additional, regular and lucrative income to your business at a competitive fixed price.
- Comprehensive compliance support services, tailored for mortgage and protection based businesses. We have a variety of packages and additional services to meet a firm’s compliance needs, including the recent release of our free basic compliance package, where the monthly costs are applied to your Annual Profit Share rather than requiring up-front payments.
- Regular market commentary and news to keep you up-to-date on product developments as well as raise awareness on upcoming regulatory changes, such as GDPR, to help you prepare for the future.
- Our friendly staff always provide the best possible service for our members and want to help with any query you may have. Our staff directory ensures that you can get to the person you need faster.
Paradigm will now look to continue living up to the expectation of being awarded the Best Mortgage Club in 2018 and 2019, as we look to add more lenders and providers to our panels, offer support on upcoming regulatory changes and, above all else, continue to operate our day-to-day services to the standard that our members love.