View more on these topics

AMI to elect new board members


The Association of Mortgage Intermediaries will hold board elections in November.

AMI board directors are re-elected every three years, and existing members can stand again.

This year the trade body will appoint one individual each from a regional firm, national firm, broker network and mortgage club.

Any broker member of AMI in one of these categories can nominate one of their management team to stand.

Individuals must complete a nomination form and be nominated by an AMI member from the same constituency.

Nomination forms must be returned to AMI by 1 November.

A contested election will take place if more than one AMI member applies for each position.

The results will be announced on 30 November.

AMI chief executive Robert Sinclair says: “Members wishing to serve as AMI board members must be committed advocates of the intermediary distribution channel and prepared to represent not just their own constituents but the entire mortgage intermediary profession.

“We hope AMI members will want to contribute to the trade body’s work and shape our ongoing agenda by standing for election.”

Nomination forms can be emailed to

Regional firms are classed as having between 6 and 100 advisers. National firms have more than 100 advisers.



Retention proc fee wave fuelled by new funding rules: AMI

The widespread move by lenders to pay retention procuration fees is fuelled by a need to boost lending before 2018, according to the Association of Mortgage Intermediaries. AMI says the move is linked to the replacement of the Funding for Lending Scheme with the Term Funding Scheme next year. The FLS was brought in by […]

Trauma rehab centre backed by Boulger family launches

A neurological and complex trauma rehabilitation centre backed by John Charcol senior technical manager Ray Boulger has opened. Boulger is chairman and an investor of STEPS Rehabilitation, which will give intensive therapy to adult survivors of strokes or brain, spinal or complex trauma injuries. STEPS is the brainchild of Boulger’s two daughters, clinical director Toria […]


Brokers back Ami over harm from proc fee ban

Brokers have backed procuration fees as being better for consumers than charging for advice as the issue was thrust back into the spotlight last week by the Association of Mortgage Intermediaries. The Financial Conduct Authority is currently looking at the fairness of proc fees as part of a wider market study on mortgage advice remuneration. […]

FCA logo new 3 620x430

AMI warns FCA proc fee ban would harm consumers

Any move by the Financial Conduct Authority to ban procuration fees in favour of charging for advice would be harmful to consumers, the Association of Mortgage Intermediaries has warned. The regulator is currently looking at proc fees as part of a wider consultation mortgage remuneration. The latest AMI quarterly review says: “In order to pay […]

Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.


News and expert analysis straight to your inbox

Sign up