Paradigm Mortgage Services has added specialist mortgage and finance broker, Commercial Trust, to its panel.
The new relationship will give Paradigm member firms and their advisers access to Commercial Trust’s specialist property finance proposition, covering buy-to-let mortgages, commercial mortgages, bridging loans and development finance.
Commercial Trust works with high-street lenders, challenger banks and specialist operators. By referring cases to it, advisers can secure solutions for clients for both straightforward and complex cases which may fall outside mainstream lending criteria.
As a full-service broker, Commercial Trust takes responsibility for the entire process, removing the workload for advisers, while ensuring their relationships with clients remain strong.
Commercial Trust’s buy-to-let proposition includes standard and specialist cases for first-time and experienced landlords, lending in personal and limited company names, HMO and multi-unit block finance, holiday lets, portfolio landlords, plus second charge mortgages. They can also help with adverse credit cases, top-slicing and a range of options for more complex company structures.
Commercial Trust can also take referrals from Paradigm firms where commercial and mixed-use mortgages, bridging and auction finance, development finance, finance for uninhabitable properties and land purchases is required.
Richard Howes, managing director of mortgages at Paradigm Mortgage Services, said: “The specialist finance market continues to grow in both breadth and complexity, and advisers are increasingly likely to encounter clients and cases which require expertise beyond the mainstream mortgage market.
“Adding Commercial Trust to our panel gives Paradigm firms another strong option when they have a case requiring specialist support, whether that is in buy-to-let, commercial, bridging or development finance.
“What is particularly useful is the breadth of the proposition and the ability to support advisers across a wide range of property finance requirements, including more complex cases and ownership structures.
“Advisers do not necessarily need to have all that specialist knowledge themselves, but they do need to know where they can turn when a client requires it, and this relationship gives our firms another experienced specialist partner they can call upon.”
Jorden Abbs, chief executive at Commercial Trust, said: “At a time when property finance is becoming ever more specialist, I am delighted Commercial Trust is joining Paradigm and making our expertise available to its members. Our sole focus is property-backed finance, covering everything from buy-to-let and commercial mortgages to bridging and development finance.
“Brokers are often judged on their ability to solve difficult cases, and our experienced team is committed to providing the expertise, responsiveness and personal service needed to help Paradigm members confidently refer complex cases, knowing their clients are in safe hands.”
