The club will be managed by Cat Armstrong, currently mortgage club director of Dynamo for Intermediaries. The merged firms will be called Next Intelligence and have a dedicated sales team headed by Louise Perry, head of club sales.
Perry has worked for Dynamo for Intermediaries for almost five years and was recently promoted from the position of sales and operations manager.
John Cupis, managing director of Mortgage Intelligence and Dynamo, said: “We are combining the strength and scale of two outstanding mortgage clubs to serve our advisers with an even greater offering for mortgages, protection and general insurance products.
“Advisers will also have access to award-winning expertise to help with complex buy to let, bridging, commercial, development finance and second charge cases. We have exciting plans to grow and develop the offering and look forward to supporting our member firms and their customers.”
Next Intelligence launched in 2011 and was one of the first DA mortgage clubs in the UK. It was the result of a merger between the DA clubs of Mortgage Intelligence and Mortgage Next, which were both established in 2011.
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It currently has a membership of 3,500 intermediaries.
Dynamo for Intermediaries was launched in 2012 and is an established specialist mortgage club and packager. It covers buy-to-let, bridging and commercial finance and has 4,000 members.
Armstrong (pictured) said: “The change will bring benefits to members of both clubs who will see more staff members on hand to support them, as well as dedicated contacts to provide case placement and training for specialist and complex buy-to-let, residential, bridging and commercial lending. The fantastic service already offered by both clubs will remain as a key strength.”
Jason Bryant, head of network sales, added: “I’m delighted to be handing over the reins of the mortgage club to Cat Armstrong. I will continue to support the transition and our members over the coming months. I’ve immensely enjoyed working so closely with our members over the past decade, helping them grow and develop their businesses.
“My sole focus will now be on Mortgage Intelligence Network, whilst I know that our directly authorised club members will be in safe hands for the future.”
