Hot on the heels of the Brexit vote and regulatory reform, the Senate was designed to help the industry take stock of changes and prepare for an uncertain future. It featured sessions on buy to let, commercial mortgages, property development and credit risk.
Speakers included commercial property expert Barry Gilbertson, Mortgages for Business MD David Whittaker, Athletics legend Steve Cram and NACFB chief executive Adam Tyler. In addition, Aldermore ran targeted workshops to interact with brokers and unpick market trends and details.
Opening the conference, Charles Haresnape, Aldermore’s group managing director for mortgages, said the Senate is a platform for the sector to work together to understand opportunities and challenges in the pipeline. He affirmed the bank’s commitment to the commercial mortgage sector.
“The commercial property and lending markets have endured the prospect and reality of Brexit and whilst there are now headwinds, no-one really knows what the next year or two holds for the sector. With all these factors uppermost in our minds, now is the time to assess where we stand and discuss ways to ensure stability as well as improve our businesses,” he said.
“We want to improve further our commercial proposition across the whole range of sub-sectors, and in order to get it right we will continue to listen carefully to what you want from our products and services.”