AOBP announces encouraging response and confirms stand at MBE

12 November 2010

The Association of Bridging Professionals (AOBP) has announced an ‘encouraging first four weeks', and says it has had a ‘fantastic reception from bridging professionals across the sector.'

Executive Committee Member and Director of W&B Mortgages Lucy Barrett said: "So far the association has been extremely well received by both brokers and lenders, and we have made great progress in getting both on board with the concept."

The AOBP will be exhibiting at the Mortgage Business Expo on the 11-12 November and the association invites delegates to visit executive committee members who will be on stand H6A throughout.

Miss Barrett said: "We see the Expo as a fantastic opportunity to talk to brokers about what we aim to achieve, and more importantly to hear their thoughts on the Association too, as this is vital to the success of the AOBP."

Founder of MoneyWales.com Lindsey Doyle recently joined the association and said: "I have known the Chairman, Sidney Cohen, for a long time - he is such a larger than life character, a fountain of knowledge and I have a huge amount of trust in him.

"I have been in the finance industry for 30 years and recognition by a trade body like this is very good - it gives substance and creditability to my brand."

AOBP has confirmed that seven bridging lenders have been made affiliate lenders, including Drawbridge Finance.

Mark Posniak, Head of Marketing & Operations at Drawbridge, said: "We are pleased to be an Affiliate Member. Anything that will help improve the quality of business transacted and support brokers can only be a good thing.

"The proof will be in the months to come as the organisation progresses, and hopefully starts to build value. We have joined to see if we can add value to it, and of course gain value. Drawbridge insists on always being part of the discussion."

The Association says it has seen a ‘good uptake' from bridging professional across the sectors, including compliance experts, solicitors and law firms.

Paul Rich, Director at Griffiths Ings, a firm recently made an Affiliate Member, said: "There are many reasons why we eventually joined. It is important for us to be close to people in the industry and being involved is great for business, especially after the property market has been so bad."