The mortgage distributor’s member firms will now be able to register with MT Finance in order to access the latter’s range of first and second charge bridging loan products designed for property investor and developer borrowers.
MT Finance’s roster of bridging products include heavy refurb, residential and second charge in addition to commercial and semi-commercial.
Paradigm member firms will also be able to access the specialist lender’s range of available intermediary services, including the opportunity to request a visit from a BDM.
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“In the world of property development and investment, advisers will be acutely aware that many clients require quick, short-term finance in order to purchase, buy at auction or refurbish,” said John Coffield, head of Paradigm Mortgage Services.
“Therefore, it’s vitally important we work with quality bridging loan lenders and it’s the reason why we’ve added MT Finance to our lending panel.”
Gareth Lewis, commercial director at MT Finance (pictured above), added: “With our commitment to supporting brokers through good products and education, it was logical to look at extending our distribution through such a well-respected brand which shares our same core values, and we have no doubt this partnership will be valuable for all involved.”