As a key distributor within the marketplace, with over 7,500 subscribers, Mortgage 2000 claimed it had a solid foundation to create a successful independent mortgage and general insurance network that would allow intermediaries to continue to run their businesses independently, whilst obtaining the much needed compliance support and infrastructure once "Mortgage Day" arrived on 31 October 2004. The compliance element of m2i is to be headed up by David Payne, former operations director of the Mortgage Code Compliance Board (MCCB).
Sean Hornsby, Sales and Marketing Director, Mortgage 2000 said: "With over 60% of our current membership running independent businesses, we are seeing a huge demand from them, and the marketplace as a whole, for an independent mortgage network. As a result, through the infrastructure that the Mortgage 2000 Group has in place, we will launch m2i as a truly comprehensive, independent network at a highly competitive price."
In addition, m2i will offer authorisation, compliance support and professional guidance through a strong brand identity that will give access to all of Mortgage 2000's services - including m2-mortgage club, m2-d&p, Encore and the Professional Advisor Alliance. More details on the key features and membership cost for intermediaries will be announced from 10 November when the first of six events across major UK cities are planned.
The launch of m2i is in association with BM Solutions. The six events will not only outline m2i's full operation, but will also play host to 20 exhibitors including lenders; general insurance providers and other business partners. Guest speakers will also present on issues including compliance, the impact of regulation, e-trading and lead generation.
Dates for the events are as follows:
- 10 November - London -
- 14 November-Birmingham
- 25 November - Bristol
- 27 November -Manchester
- 1 December - Glasgow
- 4 December- Newcastle
To book their place at one of the above events, intermediaries should call Mandy Manning on 01244 665 700 or log on to www.mortgage2000.co.uk