The great and the good of the industry descended upon London’s ExCel last week for the annual Mortgage Business Expo. Around 70 exhibitors offered their wares to mortgage brokers, intermediaries, financial advisers, solicitors and others who attended the largest trade mortgage event in the calendar.
The two day extravaganza was well received in its new venue (previously Olympia) and despite the slightly longer journey, attendees enjoyed the fantastic facilities available at the gigantic centre.
Big players such as Nationwide, Virgin Money and Halifax had their latest products and rates on offer which were well received especially as most have recently been reduced. However, noticeable absentees included Barclays, Natwest and Santander, leaving a rather large gap from the high street contingent.
This left room for the smaller, lesser known lenders to promote their offerings. They may not be processing the volume of cases like the high street lenders, but they have a huge appetite to lend and offer niche products to cater for a variety of customer profiles.
Thriving areas also included short term funders/lenders specialising in Bridging Finance and a number of Commercial lenders were also in attendance as funding becomes somewhat more available to businesses.
Our trade association AMI (Association of Mortgage Intermediaries) held numerous seminars covering various issues including Mortgage Market updates and it’s estimated that over 1,750 people attended the two days. Well done to the organisers!
AToM were the only Specialist Mortgage Packager/Distributor onsite who offered all areas of the mortgage finance sector. If you follow us on twitter, you will see our stand (@atommortgages).
For those who don’t know AToM, we have a shop front in the Carfax, Horsham. But we also process cases for lenders via exclusive products and to a database of over 8,000 mortgage brokers, intermediaries and IFAs. In short, we are a one stop shop catering for all types of people whether it be a straight forward and clean credit history application, right through to complex deals needing a manual assessment on a product exclusive only available via AToM. As the name suggests, All Types of Mortgages! So why not give us a try!