PARADIGM TO HOST MMR TWITTER DEBATE
10 April 2014
Following on from Paradigm Group’s recent successful Twitter debate on protection, Paradigm Mortgage Services, the mortgage services proposition, has today (10th April 2014) announced it is also to use social media as a means of widening the debate and exploring issues about the forthcoming implementation of the Mortgage Market Review (MMR).
Paradigm will be holding a live Twitter debate on Tuesday 15th April between 2 and 3:30pm. Paradigm is inviting advisers and providers to actively participate in the debate by tweeting questions or comments to @Paradigm_Mtgs using the #Paradigm hashtag.
Advisers will also be able to submit questions prior to the session by emailing Riona.Mulherin@paradigmgroup.eu and they will be answered during the session.
Paradigm Mortgage Services has taken the lead in informing directly authorised (DA) firms about MMR and its implications. It has issued a number of MMR-specific updates and bulletins over the past nine months as the FCA has released information on how brokers and lenders will transact business under the new MMR regulations.
The Twitter debate is the latest MMR initiative from Paradigm and will help brokers explore any last-minute questions and issues they may have. Lenders such as Precise Mortgages have agreed to take part in order to provide a lender viewpoint on the changes they have had to make to their systems and processes.
Paradigm’s MMR updates are available at its dedicated MMR website page: www.paradigmmortgages.com/MMReview/index.html
John Coffield, Head of Paradigm Mortgage Services, said:
“We recognised last year there was a gap in the knowledge and information bank for DA firms regarding MMR and resolved to be a conduit between the regulator, lenders and advisers. We have run a series of roadshows, with the FCA in attendance at some of them, published comprehensive guides and bulletins, templates, and through direct interaction with the regulator we have provided DAs with a one-stop home for all their MMR needs. This latest initiative is another way, using a popular medium, whereby we can help broker’s bridge any lingering MMR knowledge gaps they might have.”
For further information on Paradigm Mortgage Services, please visit: www.paradigmmortgages.com
ENDS
For further information please contact:
Bob Hunt, Chief Executive, Paradigm Mortgage Services, Mobile: 07767 462092
Rob Griffiths, White Dragon Communications Ltd, Mobile: 07983 641566; rob@whitedragoncomms.co.uk
Notes to editors
About Paradigm Mortgage Services
- Paradigm Mortgage Services offers IFAs and mortgage intermediaries the same opportunity. Members of the proposition benefit fully from market-leading procuration fees, have access to exclusive and semi-exclusive products, and share in the club’s ownership. Members will also have the added opportunity of building additional value wholly attributable to their own individual businesses. Paradigm Mortgage Services also offer a dedicated Mortgage Desk to members.
- Paradigm Mortgage Services is an associated business of Paradigm Partners LLP, the IFA support firm established by Paul Hogarth.
- Paradigm Partners is a limited liability partnership. It offers those firms who sign up the opportunity for them to share in the capital growth of the business via a discretionary trust.
Paradigm Partners LLP
Paradigm House
Brooke Court
Wilmslow
Cheshire
SK9 3ND
Tel: 0845 303 6333
Fax: 0845 303 8333
Paradigm Mortgage Services
Wellington House
Birmingham International Park
Solihull
West Midlands
B37 7HE
Tel: 0121-781 7337/7338
Fax: 0121-731 7339