Clever Lending has launched three specialist finance forums including Robert Sinclair, chief executive of the Association of Mortgage Intermediaries (AMI), as a keynote speaker.
The master broker has organised these specialist events as they have seen a growing demand from brokers seeking help with complex cases. It says some are just ‘borderline’ prime cases where clients have a minor anomaly on their credit profile or are purchasing an unusual property type. There are large growth areas with self-employed applicants, clients with multiple income sources and those with an irregular source of income.
As well as Sinclair, there will be four specialist lenders holding sessions covering key topics in specialist lending and how it is becoming increasingly popular for providing solutions to a variety of complex case scenarios. The lenders will each cover a different aspect of the specialist sector for the self-employed, commercial funding, bridging finance and second charges.
The impact of technology on the mortgage market place presents both threats and opportunities, what the future could look like for mortgage advice and its importance for brokers will be covered by Mark Dryden of 360Dotnet.
Clever Lending says with many brokers still focusing on prime or straightforward business, this could be a threat to their businesses and longer term growth. However, the forums aim to help brokers to take their initial steps in to specialist lending or broaden the scope of the business they are capable of writing with the support of specialists in this arena.
The three events are free for brokers to attend. They will start at 0930 and a free lunch will be provided.
Locations are as follows:
- Wednesday 2 May at Kempton Park
- Tuesday 15 May at the Belfry, West Midlands
- Tuesday 12 June at Haydock Park Race Course
Paul Day, sales development director at Clever Lending, 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. Technology plays a huge and growing part in our industry and presents threats and opportunities being aware of both is imperative, we will give an insight in to this too.
“Specialist lending is evolving into the mainstream for the modern mortgage adviser. Whether they’re looking to enter this lucrative sector or are already taking advantage and looking to develop further, these events are a must.”
Sinclair (pictured) added: “Specialist lending plays a very important role in our industry and one that all brokers should consider for complex borrowing requirements, even when it falls outside their normal client profile. If brokers are unfamiliar with this sector there is specialist help available and this is why events such as these by Clever Lending are so important in expanding knowledge further or exploring new solutions.”