Mortgage Vision events

Mortgage Vision events

The Mortgage Vision events kicked off last month at Villa Park in Birmingham. Our team arrived first thing to set up and the attendees began arriving at 8.30am to participate in some networking before the event started.

The day began with three platform speakers from Association of Intermediaries (AMI), Nationwide and our very own CEO, Mark Lofthouse. The main focus of each of the presentations – and in fact the day – was the recent changes made by the Mortgage Credit Directive (MCD) and what those changes will mean for intermediaries.

MCD is a hot topic at the moment – although it does not come into force until 21st March 2016 – as of September 21st of this year, the new rules can be implemented. They include changes to disclosure requirements, provisions on early repayment and foreign currency loans and regulation of consumer buy-to-let lending.

After the platform speakers, there was a Q&A session, enabling all attendees to get the most out of the talks. This was followed by refreshments and the chance for more networking, before the roundtable sessions began.

The roundtable sessions were taken by 9 industry experts – Aldermore, Bright Grey, Clydesdale Bank, ConveyancingBrain, Fluent Money, MortgageBrain, Nationwide, The Mortgage Works, Skipton Intermediaries and Santander. Each session was 15 minutes and the purpose was to give the table information about the products and services on offer.

The day ended with a complementary 2course lunch, which was delicious!

The Mortgage Vision 2015 team have been in Newcastle, Manchester and Newport and will be travelling to 4 more locations over the next few weeks, starting in Winchester tomorrow, then Arsenal, Twickenham and finishing in Leeds on Wednesday 25th November.