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Expo: AMI looking to entice lenders in
30 January, 2008
The Association of Mortgage Intermediaries (AMI) has revealed plans to bring new lenders into the UK market.
Chris Cummings, director-general of AMI revealed that the Association was putting together a conference structure to help facilitate new lenders into the UK mortgage market.
"Lenders in the UK are not being as flexible as they could be at present and we want to help bring in new lenders from outside the UK into the market," he announced.
"We have already received Treasury support for the conference and a number of Ministers will be speaking.”
Speaking at the Northern Ireland Mortgage Business Expo, Cummings also explained the way in which AMI would be helping its members meet TCF deadlines.
“AMI will issue all our members with a ‘pen portrait.' This will include details of exactly what intermediary firms need to be collecting and will be split by firm size, offering details for small, regional, national, network and appointed representative firms," he added.
The Association is sitting down with the FSA next week to devise exactly what this pack will contain.