"As a trade body that looks after both intermediaries and brokers working in the specialist finance industry, we are dedicated to helping and supporting our members. "
FIBA launched in January FIBA, evolving from the Association of Bridging Professionals. The trade body aims to become "the natural home for all advisers and lenders", regardless of their particular lending sector of interest, but will maintain its current emphasis on specialist property finance.
Benefits of membership include the ability to network with all who operate in the specialist finance industry along with a preferential terms for professional indemnity insurance and business insurance, dedicated regulatory support service, marketing and PR support services and a corporate and personal credit check facility amongst others. It also provides wide ranging access to a broad range of specialist lenders.
Connect says the membership will complement the range of benefits that it provides to its ARs including access to a panel of over 100 lenders, exclusive rates and products as well as central administration and a dedicated case management team.
Connect also helps brokers with application submissions and case progression and provides specialist support for complex buy-to-let, commercial, bridging, development, expat and complex residential with market leading proc fees and training.
Connect for Intermediaries also provides its network members with complementary membership of bespoke versions of Knowledge Bank and Twenty7tec, both customised to the specialist market.
Liz Syms, CEO for Connect for Intermediaries, said: “Our AR brokers are at the heart of everything that we do. We prioritise achieving the very best outcomes for both our brokers and their clients and do so in an ethical and transparent manner.
"We believe this package of measures, together with the complementary membership of FIBA puts our brokers in prime position to also achieve the very best outcomes for their clients and to ensure that they have profitable, growing businesses.”
Adam Tyler, executive chairman of FIBA, added: “Connect for Intermediaries is a forward-thinking network and it is clear to see how it is achieving such rapid growth. It is refreshing to see a network that so clearly prioritises the success of its AR members and we welcome each of them to FIBA.
"As a trade body that looks after both intermediaries and brokers working in the specialist finance industry, we are dedicated to helping and supporting our members. We are providing a traditional service in a way that will clearly benefit not only Connect’s ARs but also all of our other member firms.”
