Paradigm renew strategic relationship with Ison Harrison

Paradigm Mortgage Services, the mortgage services proposition, has today announced the renewal of its strategic relationship with Ison Harrison, the national law firm.

Related topics:  Mortgages
Millie Dyson
10th August 2011
Mortgages
As part of the renewed partnership, Paradigm members will continue to be able to access Ison Harrison’s full will-writing service and its fixed-price electronic divorce service.  

Also from today Paradigm members will be able to refer their clients to Ison Harrison to take advantage of its Family Trust service. 

Homeowners can transfer their house into a life interest trust which protects their property should various unforeseen circumstances put the property at risk in the future, for example, if the homeowner remarries or moves into a nursing home then the property will normally be protected. 

Once the house is in trust the owners can live there rent-free having already passed it on to their beneficiaries.

There are a number of significant benefits for members and their clients in using Ison Harrison’s will-writing service including: a highly competitive charging structure - £100 plus VAT for a single will and £150 plus VAT for a mirror will, with each introduction the intermediary/adviser makes earning  £40 per will; clients can also pay £25 plus VAT for the optional extra of registering their will on the National Will Register; free storage on all wills for life; and free amendments on wills for the first five years. 

Ison Harrison will also review the will of any client to ensure they remain valid and reflect the client’s current wishes.

Ison Harrison is offering an ipad 2 to the first Paradigm member firm completes five cases with them; the cases can be a mix of wills and /or trusts and require the firm to register and instruct.

Later this year Paradigm and Ison Harrison will be hosting a workshop in London which will provide members with a range of information and support in order to make the most of the opportunities that exist within the legal services sector.

Ison Harrison has been running for over 30 years and specialises in all areas of legal advice from remortgage to employment, family disputes to clinical negligence claims, drafting wills to purchasing property.

Bob Hunt, Chief Executive of Paradigm Mortgage Services, commented:

“Our initial relationship with Ison Harrison was established in April last year and we have had a strong response from members to the services they offer. 

"With this renewed strategic partnership we are able to offer firms a host of value-added services from Ison Harrison including the addition of the Family Trust service which we believe will find a ready market given the issues that many elderly homeowners have in protecting their stake in their homes.  

"We are in the process of organising a workshop with Ison Harrison for Paradigm members later in the year which will cover off the range of legal services that advisers can now offer their clients. 

"This is a growing income-generating area for firms and we believe this improved partnership offering with Ison Harrison provides our members with the best opportunities in the marketplace.”

Michael Davidson, Head of Business Development (UK) at Ison Harrison, said:

“We are delighted to be able to renew our partnership with Paradigm; this is positive news for advisers who will be able to continue to utilise our market-leading services which are exclusive to Paradigm. 

"Our trusts and will pricing structure with Paradigm ensures great value for clients, and significant referral income for advisers, whilst maintaining an outstanding service from quality lawyers.

“The introduction of Alternative Business Structures, which will allow non-lawyer organisations to provide legal services, is almost upon us and it is vital providers support advisers against the forthcoming retailers who will offer point of sale financial and legal services. 

"It is more important now than ever that comprehensive advice shines through from both advisers and top class lawyers ensuring customers are 100% confident and assured.”
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