Paradigm signs equity release partner

Paradigm members will be able to refer their clients to the equity release advisory firm for specialist advice on both lifetime mortgages and home reversion plans.

National firm, The Right Equity Release, offers whole of market advice for equity release referral business, face to face appointments and specially negotiated deals which will be made available to Paradigm members’ clients.

Paradigm members who refer to The Right Equity Release Ltd will also benefit from:

• £750 flat procuration fee per completed case

• Regular case updates

• Guaranteed no-cross-selling on other product sectors

• Robust compliance processes

Bob Hunt, chief executive of Paradigm Mortgage Services, said: “Many Paradigm members may have clients who are contemplating or might be suited to equity release products however they do not have the necessary qualifications or the specialist experience to be able to deliver this advice.

“In this situation, our members can now refer their clients to The Right Equity Release who will be able to take the client through the entire process ensuring they have the right advice and the right product.”

Rob Brennan, director of The Right Equity Release, added: “Equity release is a growing part of the financial planning matrix for the over-55s and those approaching retirement who wish to start planning early.

“Our aim is to give customers clear, concise and easy to understand information and advice on their equity release options. This will enable them to make an informed decision, which is right for their particular set of circumstances.

“We look forward to working with Paradigm and its membership and would urge any adviser looking to place equity release clients to contact us to see how we can help.”