Supporting brokers with growth ambitions
At Amicus Property Finance we always seek innovative ways to work collaboratively with all those involved in the short-term lending (STL) sector; some of our most popular and successful recent initiatives include regular surveys or our innovative Stakeholder Workshops.
Building on the success of our 2015 event, our second Amicus Stakeholder Workshop took place at the Le Meridian Hotel Piccadilly in May where the focus was very much on the development sector.
60 market experts gathered to debate the issues that lenders, valuers, lawyers and broker/distributors face as all groups seek to improve their propositions and effective ways of working together.
These forums are not simply held as seminars or a polite conference; we encourage a gutsy debate about what we all have to do to make the STL more appealing to more brokers and to satisfy more clients with the highest standards of professionalism.
This healthy debate highlighted a number of core issues that demand action:
- The education of brokers in the intricacies of the sector, especially the development market.
- The need for greater proactive communication by the lawyers.
- The need for more on-site meetings between all parties, including clients.
- More regular personal contact between stakeholders.
- More collaboration on the development of products.
Following on from the Stakeholder Day, we will be proactively tackling each key issue and work closely with all the attendees to ensure measurable outcomes and real change where possible.
Matt Lowndes, Managing Director at Coreco, a speaker on the day, had this to say about the event;
Amicus Property Finance has to be applauded for being brave enough to host this warts and all workshop that gives all present the opportunity to have their say on how the other stakeholders in the process can improve their offerings.
Of course like all the other groups attending I knew that if I gave it, I had to take it and certainly nobody held back with their honest opinions about what needs to be done to improve our processes, procedures and product offerings for the greater good.
At Coreco we know we need to improve our technology, our internal communication and strengthen our relationships with our valuer and lawyer partners, as well as Amicus Property Finance and our other lender partners. With the direction this workshop gave me I will be addressing these priorities over the coming months.....thank you Amicus Property Finance for making me find the time to consider these issues.