You are here: cherry > Press releases for June 2011 > Paradigm Urges Brokers To Consider Short-Term Market

07 June 2011

Paradigm Mortgage Services, the mortgage partnership proposition, has today (7th June 2011) urged mortgage brokers to actively consider the range of opportunities and product availability in the short-term lending market. In a marketplace where there is a shortage of mainstream funding, Paradigm believes many clients could benefit from the increasing array of product choice and growing levels of competition in the short-term market. Past months have seen a number of new opportunities opening up for advisers in the bridging, commercial, short-term and property development sectors which could offer access to funding for those who may not be able to secure finance through more traditional routes. Paradigm is urging its members, and all other advisers, to educate themselves about the sector and it has also suggested members actively consider the relationships Paradigm already has with a number of these propositions. Paradigm offers its members access to a number of short-term lenders and has recently signed a strategic alliance with short-term asset finance provider, borro, which provides non-status loans secured against assets such as jewellery, luxury watches and gold. Bob Hunt, Chief Executive of Paradigm Mortgage Services, commented: ?We now operate in a marketplace where the mainstream lenders are not always able to accommodate the finance wants and needs of many potential clients. Liquidity is still not what we would wish however there are growing opportunities to secure finance through different routes and this has been made possible by the growing number of lenders operating in the short-term finance sector. Advisers are increasingly telling us that they are seeking such routes to finance for their clients and therefore Paradigm is now working to ensure our members have access to the most appropriate and potentially lucrative offerings available. We would urge any broker considering their client?s options in the short-term finance sector to ensure they, firstly, do their homework given there are a growing range of opportunities, and to, secondly, contact Paradigm so we can help point them in the right direction towards those providers we already have existing relationships with. Opportunities are available however this is a market which requires know-how and expertise in order to secure the most appropriate deal for a client.? For more information on Paradigm Mortgage Services, including how to join, please visit: www.paradigmmortgages.com ENDS For further information please contact: Bob Hunt, Chief Executive of Paradigm Mortgage Services, Mobile: 07767 462092 Rob Griffiths, White Dragon Communications Ltd, Tel: 01483 549282, Mobile: 07983 641566; rob@whitedragoncomms.co.uk Notes to editors About Paradigm Mortgage Services ? Paradigm Mortgage Services offers IFAs and mortgage intermediaries the same opportunity. Members of the proposition benefit fully from market-leading procuration fees, have access to exclusive and semi-exclusive products, and share in the club?s ownership. Members will also have the added opportunity of building additional value wholly attributable to their own individual businesses. Paradigm Mortgage Services also offer a dedicated Mortgage Desk to members. ? Paradigm Mortgage Services is an associated business of Paradigm Partners LLP, the IFA support firm established by Paul Hogarth. ? Paradigm Partners is a limited liability partnership. It offers those firms who sign up the opportunity for them to share in the capital growth of the business via a discretionary trust. Paradigm Partners LLP Paradigm House Brooke Court Wilmslow Cheshire SK9 3ND Tel: 0845 303 6333 Fax: 0845 303 8333 Paradigm Mortgage Services Wellington House Birmingham International Park Solihull West Midlands B37 7HE Tel: 0121-781 7337/7338 Fax: 0121-731 7339

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