The Association of Bridging Professionals has rebranded and changed direction to target all intermediaries and lenders.
The trade body is now called the Financial Intermediary & Broker Association.
FIBA says its name name reflects its goal to “become the natural home for all advisers and lenders, regardless of their particular lending sector of interest, whilst maintaining the association’s current emphasis on specialist property finance”.
FIBA says it wants to give members access to lender and provider products and initiatives, but also to campaign and lobby Government, regulators and industry.
The AOBP is currently made up of Ifas, lenders and residential and commercial finance brokers.
TFC Homeloans director and FIBA executive committee member Wayne Smethurst, says: “This is an exciting day for us, after all the hard work that has gone into bringing the new association into being.
“We are looking forward to taking our message to intermediaries and lenders across the finance sector and particularly to those who have not felt that there is an organisation that speaks to them or for them.”
The trade body has funding from SimplyBiz.
SimplyBiz director David Golder says: “The AOBP has a long history of supporting brokers, lenders and advisers and we are delighted to be involved as an investor in ensuring this goes from strength to strength.
“This is not our first investment in a not-for-profit business and we take seriously our collective responsibility to support best practice in the sector.”