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Financial check-ups for brokers

Mortgage Intelligence is offering brokers a financial health check service to ensure their businesses are on a firm footing.

Brokers using the cash management and forecasting service will get help from accountants who will carry out in-depth analyses of their business models, provide accounts overviews and make recommendations on ways they could develop their businesses.

Quarterly updates can also be provided, with reviews tailored to fit brokers’ needs.

Appointed representatives of Mortgage Intelligence and directly authorised brokers can access the scheme.

Sally Laker, managing director of Mortgage Intelligence, says: “We are delighted to be able to offer this service. It will ensure our members have access to expert advice when they need it.”

Nick Barrett, director of Surrey-based Epsom Premier Mortgage Services, says: “What’s expected of brokers is changing all the time and I welcome anything that helps brokers keep up as the market goalposts shift.”


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Champion the small-scale developer

Traditional development finance must price in project and liquidity risk, but if your project is completed and you have begun selling units you could be eligible for cheaper funding, writes Matthew Tooth of Lendinvest. A product which prices purely for liquidity risk is one way to help developers lower their costs. This type of product allows […]


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