The master broker will help handle second charge enquiries, packaging and lender liaison, aiming to increase choice for second charge mortgages, commercial and bridging loans.
Paradigm now has more than 1,050 directly authorised partner firms, with over 3,400 advisers covering all aspects of financial advice. For second charge mortgages, members can deal directly with Clever Lending to access niche lending products and expertise in packaging cases.
Sam Kirtikar, managing director at Clever Lending, said: “Second charge mortgages are now recognised as a strong lending solution. With our expertise and knowledge of the second charge market and niche lending, we are confident this will be a very successful partnership.”
John Coffield (pictured), head of Paradigm Mortgage Services, added that the partnership will give members more choice for clients who require specialist assistance.
“We are confident that their proposition will be suited to a wide range of clients as they have access to the most up to date products and lowest rates on the market making them extremely competitive. This addition further demonstrates our commitment to ensuring a comprehensive range of lending solutions for our members, and is just one of many additions to our lending panel this year.”