View more on these topics

Paradigm offers a new bridging sourcing system

Paradigm Mortgage Services is offering its members access to a bridging sourcing system.

The sourcing system that will be available is a joint collaboration between bridging specialist Capital Advances and Solent Mortgage Services which contains product placement, AIP, application and processing capabilities.

The system also has a data feed into AIPs and lender applications.

Paradigm Mortgage Services chief executive Bob Hunt says that prior to it implimenting the systemit was difficult for brokers to make sense of confusing interest calculations from some bridging lenders

He says: “One thing that has prevented some intermediaries from diversifying into bridging loans before now is uncertainty surrounding regulatory and compliance issues, and with such a range of proposition features available this sourcing system will help ease the compliance burden, providing a full audit trail from the start of the process.’




NatWest Intermediary Solutions boosts BDM team by 20%

NatWest Intermediary Solutions has recruited five new phone-based business development managers as well as a new sales manager to lead the team, boosting its team of BDMs by 20 per cent.

Graeme Yorston 60 seconds

60 seconds with Graeme Yorston, chief executive at Principality Building Society

You’ve just been appointed chief executive of Principality – where were you before that? Prior to being appointed chief executive, I was chief operating officer at Principality. What are the big challenges the mutual sector is facing at the moment? How do we get our message across to customers, and potential customers, about the significant […]


Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]


News and expert analysis straight to your inbox

Sign up