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Paradigm appoint The Right Equity Release Ltd as preferred referral partner

09 December 2010

Paradigm Mortgage Services, the mortgage partnership proposition, has today (9th December 2010) revealed The Right Equity Release Limited as its preferred referral partner for equity release business. From today, Paradigm members will be able to refer their clients to the equity release advisory firm for specialist advice on both lifetime mortgages and home reversion plans. This proposition allows Paradigm members who are not specialists in this sector to introduce their clients to highly experienced and professionally qualified advisers who can deliver the highest standards of service. The Right Equity Release has a national team of specialist equity release advisers who are dedicated to the equity release sector. It offers a whole of market approach for equity release referral business, face to face appointments and specially negotiated deals which will be made available to Paradigm members’ clients. Paradigm members who refer to The Right Equity Release Ltd will also benefit from: £750 flat procuration fee per completed case. Regular case updates. Guaranteed no-cross-selling on other product sectors. Robust compliance processes. Bob Hunt, Chief Executive of Paradigm Mortgage Services, commented: “At Paradigm we are always seeking to work with the top professionals in all sectors and the equity release market is no different. This is why we have formed this alliance with The Right Equity Release Ltd and have made the firm our preferred referral partner for this type of business. Many Paradigm members may have clients who are contemplating, or might be suited, to equity release products however they do not have the necessary qualifications or the specialist experience to be able to deliver this advice. In this situation, our members can now refer their clients to The Right Equity Release who will be able to take the client through the entire process ensuring they have the right advice and the right product. Members benefit from strong introducer fee levels and they can be safe in the knowledge that their client is in the hands of true professionals, plus they are kept in the loop with regular updates and guaranteed no-cross-selling. We firmly believe that Paradigm is now offering a range of equity release solutions to our members and that this referral partnership offers real expertise and top value for advisers and their clients.” Rob Brennan, Director of The Right Equity Release, said: “Equity release is a growing part of the financial planning matrix for the over-55s and those approaching retirement who wish to start planning early. Our aim is to give customers clear, concise and easy to understand information and advice on their equity release options. This will enable them to make an informed decision, which is right for their particular set of circumstances. Through this referral partnership with Paradigm we will be providing its member firms with a range of benefits and we will ensure their clients have the right advice and they are also accessing what could be a potentially lucrative new income stream. We look forward to working with Paradigm and its membership and would urge any adviser looking to place equity release clients to contact us to see how we can help.” For more information on Paradigm Mortgage Services, including how to join and access The Right Equity Release, please visit: www.paradigmmortgages.com For more information on The Right Equity Release, please visit: www.therightequityrelease.co.uk

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