With the housing market experiencing significant activity levels, it is a particularly busy time for mortgage advisers. That’s good news, but at the same time can make it difficult to keep up with industry news, trends and best practices, especially as the market continues to change in light of the pandemic. For those working towards meeting their requirement for Continuing Professional Development (CPD) hours, they have to address pressure to engage with many accredited activities as the end of the year draws closer.
As mortgage technology experts, Mortgage Brain creates solutions to provide advisers with an end-to-end mortgage process that is seamless, quick and efficient. But, it also takes pride in delivering insights, content, and training to support advisers with mortgage intelligence.
Take Mortgage Vision, its annual industry event, designed specifically for mortgage advisers to provide an opportunity to enhance professional development, network with peers, and share knowledge from a variety of industry experts. In 2020, it celebrated its 11th year and transitioned from its usual roadshow format to an immersive virtual event to ensure it could still deliver all the benefits that advisers have come to know and love, which we’ve summarised below!
Bolstering CPD hours with events
This year’s virtual Mortgage Vision event was accredited by the CII meaning attendees could earn up to 3.5 CPD hours from the comfort of their home or office by listening to experts cover topics such as the evolution of the regulatory landscape and the importance of an adviser’s role in the new normal; understanding the shape of a post-pandemic economy and intermediated mortgage market; and how recent FCA changes affect mortgage sourcing processes.
That goes a long way to meet your requirement for the year and you get to benefit from all the knowledge and insight along the way.
Do you ever wonder what your competitors are up to? Mortgage Vision is the perfect opportunity to meet your peers, exchange ideas, and discuss future opportunities in an environment where the statistics point to an increase in productivity. 99% agree that improved communication and collaboration of online meetings can improve productivity and 76% of individuals use video collaboration to work remotely, of which 75% experienced increased productivity.
Share best practice without borders
Our industry is tightly regulated, and businesses can find it hard to keep up with the latest changes in legislation. Industry events are an ideal opportunity to keep abreast of any new legislative introductions or amendments and will help you avoid costly errors. You may even discover better and more efficient ways for your business to operate with thoughts from insightful speakers.
Whilst physical events have their advantages, the online event environment removes any geographical boundaries that may have restricted the events you attend or the number of attendees you could meet. If you’re an adviser in Newcastle you can join an online event and very easily find yourself networking with advisers in the south-west of England without having to leave your home or office. And our Mortgage Vision poll this year showed that companies intend to adopt more technology to help them do that
- 61% are using more technology since lockdown
- 78% will incorporate more technology into their business to interact with customers
Spot the trends, identify opportunities
What is the next opportunity that could take your business to the next level? Are you missing out on a potential revenue stream? 37% of the attendees at this year’s on-demand event said they believe an increased need for help for self-employed buyers will have the biggest impact on their business, and 37% thought the change to the Stamp Duty thresholds would impact their business most. Armed with this sort of knowledge, an adviser can plan for the coming months and try and increase their client base, something that was a priority for 42% of advisers2.
Got a business problem that you just cannot fathom out? No doubt many people in the room have been in the same position. More than likely with this year’s online event attracting more than 800 attendees. If you can’t find the answer in a networking session with your peers, live Q&A sessions let you quiz experts who can identify issues may have overcome similar obstacles themselves and can help pinpoint resolutions.
Some virtual events allow you to revisit the content. Our Virtual Mortgage Vision event proved to be very popular for this with 79% accessing the content on-demand. In light of this, we’ve made the environment available, even if you didn’t attend the original event.
If you’re looking for ways to meet your CPD requirement for the year it’s not too late to earn up to 3.5 hours of CPD hours by accessing Virtual Mortgage Vision, which remains on-demand until February 2021. Gain access by simply registering here.
If you have any enquiries relating to Mortgage Brain’s CPD accredited activities, please contact firstname.lastname@example.org
 Virtual Mortgage Vision 2020 Poll