Held at Hanbury Manor in Hertfordshire, the invite-only event drew together a unique mix of builder firms, lenders and mortgage advisers.
Sessions touched on a variety of themes including the housing crisis, key obstacles stressing the mortgage adviser, lender and developer relationship and the impact of MMR on new build.
Another session on valuations, presented by Steve Goodall, managing director, Legal & General Surveying Services tackled the valuer’s approach to new build and areas where the developer/valuer working practices need help.
The final session asked howexisting mortgage products could be improved or new products developed to build a lasting and more sustainable market.
The event was chaired by Andy Frankish, new homes director, Mortgage Advice Bureau and featured a raft of high profile speakers, from Phil Jenks, managing director of the Phil Jenks consultancy to Nationwide’s senior manager new build James Chidgey and Adrian MacDiarmid, head of mortgage lender relations at Barratt Developments.
Preparation has already started for next year.
For any information on the next British New Homes Mortgage Senate, please call AE3 Media’s event director, Danielle Ovenden on 020 7316 9214.