Changing & Growing: The Intermediary Market
In the week after the British Mortgage Awards, the Intermediary market is healthier than ever. The activity across Residential & Commercial lending is up and there’s a great demand for Business Development Managers, Qualified Mortgage Advisers and IFAs because of all that ongoing movement and growth.
It’s an exciting time to be working in this field. Talking to the Mortgage Finance Gazette earlier this year, Nigel Stockton at Countrywide predicted that in 2015 “the split of a circa £220 billion market could be £140 billion to the broker and £80 billion to the [banks / building society] branches, showing around 5 per cent growth in market share for brokers, with growth in the branch share pretty much flat.” The FCA’s Mortgage Credit Directive (coming into effect in March 2016) could potentially seriously alter the landscape of the mortgage market in the UK, allowing mortgage advisers to source their own second charge lenders and totally overhauling the legislative requirements across multiple different types of mortgage.
I’ve been brought on board to specialise in recruitment to the Intermediary space. Kind Consultancy works alongside Kind Financial, Kind Commercial and Kind Wealth, which means I’ll always be right on the forefront of changes to the Intermediary world. I will be well-positioned to take these changes into account when considering how my client’s recruitment needs fit into their long term business plans as well as the specific career goals of my candidates.
I’m looking forward to keeping you up to date with the activity I see and the growth in recruitment within this sector. E-mail me on info@kindconsultancy.com or call the office on 0121 643 2100 to discuss any of your intermediary recruitment needs.