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AMI look into working more closely together

The Association of Mortgage Intermediaries and the National Association of Commercial Finance Brokers are looking at ways of working more closely together in the future.

Mortgage Strategy has seen a memo from Keith Heron, chief executive of the NACFB, describing recent developments as an “opportunity to work together”.

He says: “As you are probably aware, NACFB members have a substantial share of the market and if we are able to bring in AMI members under a common code, I&#39m sure the industry, consumers and regulators would welcome the move.

“I have already agreed to meet Paul [Smee] to explore how we can further our relationship – co-operating on a code is a good start.”

However AMI has dismissed rumours that this could mean an eventual merger. Ben Stafford, policy officer at AMI, says: “These allegations are so far from reality, it&#39s untrue.”

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