Archive: Sep 2018

Many intermediaries aren’t aware of the positive impact that working with a master broker can have and how it may benefit their business. Our Product Development Manager, Nathan Reilly, explains what exactly is a master broker?

Mortgage advisers are experts in what they do, but in an increasingly complex and time consuming market, it can be difficult to provide a high level of expertise across all areas of finance. When a client visits a broker with a funding requirement which is outside the normal environment is when working with a master broker can be beneficial.

They can often have experience in helping customers with more complex borrowing requirements, maybe someone is looking to explore what commercial property has to offer or considering a big refurbishment project, these are just a couple of areas that the everyday adviser may not regularly come across.

Working with a master broker and their range of expertise enables brokers to retain their clients and extend their relationship with them, whilst ensuring the client receives appropriate advice and the solution that best meets their needs.

Faster processing times

Depending on whether the Master Broker is taking responsibility for the advice or packaging the case, there are a number of different ways that they can support the application process. From completing the fact find to collating documentation, all of these services can often give advisers the additional time to concentrate on their day to day business.

New relationships with lenders

Another area where Master Brokers can add real value to advisers is lender access. Some lenders may make the conscious decision to only deal via Master Brokers or potentially restrict product access to certain partners. Exploring a Master Broker route to see whether a more appropriate solution for the client’s needs is always a good exercise.

This is purely just a flavour of how a Master Broker could positively impact your business, and there are simply too many examples to cover in a short blog post!

Here at MI we aim to provide the highest level of service to our members. For details on how to become a member of our fantastic mortgage network or club, call 0345 130 7446.

From webinars to our annual conference, here at MI we have a wide range of Business Development Events on offer for members of our network and club. It’s one of the areas that has seen huge growth within the company and an area that constantly receives fantastic feedback. Our head of Sales and Marketing, Sharon Mawby, gives you a run through of exactly what it is we do.

Conference

Get ready for our biggest conference yet! With plans underway 2019’s conference promises more exhibitors, live panel discussions, seminar streams and keynote speakers. Last year we were at the amazing Ascot for such an outstanding event. But this March we want to go bigger and better, so keep your eyes peeled for the latest clues, updates and info on our twitter and Linked In.

MI Live

Mortgage Intelligence hits the road twice a year with a series of informative half-day workshops. Each venue has a number of round table discussions with lenders and providers as well as guest speakers from industry experts. We received fantastic feedback from those who attended MI Live in June with comments like:

“Flawless as usual”, “Interesting, informative and intelligent”, “Adds value to my company”, “Perfect event as always”, “Excellent presentations in a relaxed, informal atmosphere”.

Our next set of MI Live roadshows are at the beginning of October where we will be heading to Wakefield, Watford and Bristol and you can get involved on twitter with #MILive18 and register on Broker Zone.

MI Online

If you want to experience our events but have a busy schedule then we cater for you too. MI Online is a series of interactive webinars and virtual events with some of our leading lenders, providers and selected business partners which offer you year round training and development without even having to leave your office.

In 2019 we aim to keep on growing our list of events and make our current ones even better – so stay tuned!

For more information on our Business Development Events or details on how to become a member of our fantastic mortgage network or club, call 0345 130 7446.