MPowered Mortgages has launched a Reddit-style broker community platform hosted on its website to provide a forum for intermediaries to stay connected with each other.
Brokers can use the platform to communicate, engage in live debates, discuss and share views on all mortgage-related topics and issues such as mortgage rates, criteria and service levels as well as the news agenda.
The community will also host in-person regional events that brokers can attend on topics impacting their daily business, such as the impact of rate and criteria changes and discussions around the future of mortgage advice.
Stuart Cheetham (pictured), chief executive of MPowered Mortgages, which cut three-year fixed rates in September, said: “As a broker-only lender, we are focused on using the cutting edge of AI and technology to find ways of supporting brokers and addressing the challenges that brokers in our industry face today. We believe this new tool will go some way to help brokers get answers quickly through knowledge sharing and staying on top of the latest developments in the industry.”
Liyyanah El-aidouni, transformation lead at MPowered Mortgages, who supported the development of the online community, added: “When we had the idea to develop this community, we initially envisaged it being a bit like Reddit but for brokers exclusively. A way for brokers to share their views and a place for mortgage brokers to learn and share through browsing discussions.”
