The chief executive of the Association of Mortgage Intermediaries (AMI) is the keynote speaker at a series of specialist finance forums being held in May and June 2018. There will also be four specialist lenders at the forum who will talk about lending for the self-employed, commercial funding, second charge and bridging lending. These forums are designed to help brokers understand how they can help clients whose borrowing needs are complex. Specialist lenders can often provide loans for borrowers who cannot obtain finance from larger financial organisations or high street banks. Not all brokers are familiar with the specialist lenders. One of the organisers of the events, Paul Day, said:
“The specialist lending forums will help brokers create new opportunities and not only protect their businesses but help them to grow by highlighting the new types of case they could handle and solutions offered by specialist lending products.”
The forums will also look at the role of technology which can either help brokers find lending deals or present a threat to the industry. Bridging lending, once a specialist financial niche, is becoming more mainstream. There is an increasingly wide number of uses for bridging loans including very complex deals. Brokers need to update their knowledge so that they can match a borrower’s needs to the right lender to fulfil their individual borrowing requirements. Events such as these specialist financial forums increase broker knowledge so that they can meet the needs of a wide range of clients.
