As a result, Barton Gold’s 80 directly authorised (DA) mortgage intermediaries will retain their regulatory independence whilst benefitting from access to Paradigm's range of services.
Bob Hunt, Paradigm's chief executive believes that the new relationship adds weight to Paradigm's offering.
He said: “We are aware that the collective business levels of all Barton Gold members, at a conservative estimate, exceeds £3 billion per year and it is our intention to deliver the best terms and quality of service available in the market to ensure the ongoing attractiveness of the Paradigm proposition.
"We are working hard with the Barton Gold team to ensure the business meets its full potential in the months and years ahead. This is a great start to 2008 and is proof positive of the giant strides Paradigm is making.”
Barton Gold's MD, Danny Antoniou, said: “Bigger is definitely better as far as Barton Gold is concerned and we are all looking forward to the fresh challenges this new relationship will bring.
"This development will provide added value for our current members and will help establish an excellent base for close working and negotiations with lenders in the future.
"Our brokers have been key in establishing Barton Gold’s reputation and standing in the market place and I now want to give something back to them.
"In joining forces with Paradigm not only will they share in the revenue generated but also, as Partner members, they will also be entitled to share in the proceeds of any sale or flotation.”
