Cherry receives record 16,000 visits in May as brokers discuss lockdown market challenges

Jessica Bird

June 18, 2020

House Prices industry reacts

Online broker forum cherryplc.co.uk received a record 16,000 visits from more than 3,500 unique visitors in May, the highest number since its launch in 2005. 

Visitors added nearly 200 new forum topics and almost 2,000 posts.

The most popular topics for discussion among brokers were linked to the lockdown, including how intermediaries could engage in face-to-face financial meetings under the new guidelines.

Brokers using the cherry forum also discussed how to place high loan-to-value (LTV) cases, lending for the self-employed and buy-to-let (BTL), as well as valuations, short-term income protection and Bounce Back Loans (BBL).

Cherry launched in 2005 to provide a forum for financial services workers, especially intermediaries, to communicate about industry issues and gain access to news, press releases, events and products.

To date, members have added more than 31,500 forum topics and upwards of 206,000 comments.

Donna Hopton, director at cherry, said: “At a time when we have all been experiencing isolation, brokers have been connecting in greater numbers than ever before on the cherry forum, which has provided a place where they can discuss how best to manage their business and place cases.

“The level of engagement that we have seen shows that brokers are motivated to share ideas and best practice to help their businesses and others’ to be best placed to get through this difficult period.”

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