Online community for brokers planned

A sole broker is launching a website that promises to act as an online community and research facility for brokers.

Jason Hegarty, a sole broker and mortgage adviser at Leiston Mortgage Centre, founded 1BigTable.co.uk to raise standards in the industry,

He says: “There’s nothing else like it out there at the moment. Advisers tend to get into a comfort zone and only use the few lenders that they trust, but with this facility they can share their own and other advisers’ experiences, so hopefully it might encourage them to branch out and try new lenders.”

The website will serve as a platform for brokers to discuss cases and their experiences of different lenders. The main attraction is the live chat facility where brokers can exchange experiences and offer advice to other members.

As well as links to different lender and intermediary internet sites, 1BigTable will offer a key to show what is available from these sites and a rating system that allows members to vote on levels of service and products.

Members will also has access to a mortgage calculator, postcode finder and link to direct enquiries.

Details of membership and advertising will be announced forthwith, and Hegarty hopes to make the site live early in 2006.