For every case placed via Paradigm that we receive a retained fee for, we will pay half back to you so you will earn more per case. In rare circumstances where we pay out the full gross fee as a net fee or where the full minimum fee is paid out (e.g. Natwest you get the full £250), then you wouldn’t receive anything because we don’t get a retained fee.
This does not just apply to mortgages, you can also earn a retained fee via Equity Release cases, conveyancing, debt advice, wills and general insurance when placed via Paradigm and a retained fee is earned. With, for example, the debt advice and wills, they are referral services for your clients where you can pass the business on and you would get a fee.