West One Loans, an AOBP affiliate lender, is offering a bridging finance product available to AOBP brokers and introducers in conjunction with eight packagers.
A note sent to brokers said the West One deal was the first in a series the AOBP is planning to launch.
In the mainstream market the Association of Mortgage Intermediaries doesn’t offer exclusives because its priority is lobbying on regulation affecting its members.
Robert Sinclair, director of AMI, said: “AMI is clear on its purpose, values and vision. It does not and will not get involved in producing exclusive lending products for member firms.
“Where any firm has a vested commercial interest they will find that their voice will have less traction with politicians and regulators.
“National Association of Commercial Finance Brokers is clear in the way it conducts itself and clearly AOBP have undertaken a similar risk assessment.”
The NACFB offers its members exclusive arrangements with lenders including both Barclays and Santander.
Adam Tyler, chief executive of the NACFB, said: “I also have broker panels that are only for NACFB members with dozens of lenders and funders.
“The definition of a trade body is a whole other question and when you have been doing it for 20 years, we know what one should look like.”
A spokeswoman from the Council of Mortgage Lenders said: “Trade bodies all have different roles within their industries so there is no one role that the trade body should play.”
The packagers offering the AOBP deal are Vantage Finance, Intelligent Loans, Only Bridging, Pink Pig Loans, Pure Funding Solutions, Brightstar Financial, MK Associates, and SPF Private Clients.
Jonathan Newman, chairman of the AOBP, said: "The AOBP has proved to be a significant network of bridging sector participants. This initiative, we believe, delivers added value to its introducer membership."
