Paradigm in new large loan partnership

The service - designed for high net worth (HNW) clients with no arrears or adverse credit - will see Paradigm members receive an enhanced referral fee.

Bob Hunt, chief executive at Paradigm, said the deal would help members of the network who had difficulty accessing mortgage finance for HNW clients.

He added: "This referral service has been designed to ensure clients have the best chance of finding suitable finance and allow the introducing broker to remain confident that they are in the best hands for this type of arrangement.

"Paradigm has worked with the team at Largemortgageloans.com to ensure our members gain the best terms for any referral made and those looking for further information on the service should visit our website to see how they can benefit from this new arrangement."

Paul Welch, managing director at Largemortgageloans.com, said the brokers without access to many of the large loan lenders in the market would benefit.

He said: "With the high-street lenders making sweeping cuts to their product ranges and criteria, even treating bonuses differently, brokers may be finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue."