IPS is to gain a share in the incremental revenue it generates for Paradigm which will be paid out once a year. As Partners they will also build and share equity in Paradigm’s limited liability partnership, held in a discretionary trust.
John Coffield, head of Paradigm Mortgage Services, commented: “IPS' management team is committed to client service and has ambitious plans for the future. By signing up to Paradigm’s proposition, they will be able to enhance its offering and build increased revenue for the business.