More and more brokers are seeing clients approaching them for highly specialised guidance, perhaps because they’re self-employed or investing in buy-to-let property.
At the same time, market conditions have changed considerably, with factors such as rising living costs, soaring interest rates and higher mortgage rates making the picture today very different to just a few months or years ago.
Change is perhaps the only real certainty, so you need to be ready for future developments in the marketplace that will affect you, your business and your clients.
So what can you do, given that the future can’t be predicted? Embracing technology is one key step you can take, so you’re able to be more flexible, streamline your processes and offer the best possible client experience at a time when their demands are becoming more complex.
In this Guide, we’ll look at this in detail, focusing on issues such as:
The challenges brokers face, such as growing competition and changing economic conditions
How brokers feel about technology
The benefits of technology for brokers
How the tech industry can help brokers
As a mortgage broker, your goal is to deliver the best possible client experience. Future proofing your business puts you in a strong position to do exactly that, and establish your firm as a reliable, steady place to turn even when everything else is in flux.
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Accord Mortgages Limited is authorised and regulated by the Financial Conduct Authority. Accord Mortgages Limited is entered in the Financial Services Register under registration number 305936. Buy to Let mortgages for business purposes are not regulated by the Financial Conduct Authority. Accord Mortgages Limited is registered in England No: 2139881. Registered Office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ. Accord Mortgages is a registered Trade Mark of Accord Mortgages Limited.
References to 'YBS Group' or 'Yorkshire Group' refer to Yorkshire Building Society, the trading names under which it operates (Chelsea Building Society, the Chelsea, Norwich & Peterborough Building Society, N&P and Egg) and its subsidiary companies.
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