From today Paradigm members are able to refer those clients looking for large loan finance to the specialists at Largemortgageloans.com where they will be able to access competitive interest rates, low arrangement fees and high LTVs via its panel of private banks.
Largemortgageloans.com specialise in placing mortgages from £500k to £50 million, secured on a range of assets including private jets, yachts, cars, shares and bonds. It offers mortgage solutions for clients including foreign nationals, British expats, UK residents earning in foreign currencies and ‘non-domiciled’ UK residents.
The brokerage will only deal with high net-worth clients under full status circumstances; no arrears or adverse credit is accepted and mortgages are available up to a maximum of 80% LTV.
For completed mortgages, Paradigm members will receive an enhanced referral fee via this new arrangement.
Bob Hunt, chief executive of Paradigm Mortgage Services, commented: “We are delighted to announce this new referral service with Largemortgageloans.com at a time when many Paradigm members may be having difficulty accessing mortgage finance for high net-worth clients through traditional lending routes. This referral service has been designed to ensure clients have the best chance of finding suitable finance and allow the introducing broker to remain confident that they are in the best hands for this type of arrangement.
