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Press Release 06/02/2008

Black & White brokers given Vision

06 Feburary, 2008

After the Black & White Group revealed it was to pull out of the regulated market, Vision Network is looking to offer stranded brokers a new home.

The Mortgage Times' network arm is welcoming any brokers left wondering where to go following Monday's announcement.

Membership includes a flat-fee payment structure and no long-term contract. It has also revealed 'ambitious' growth plans for 2008.

“The success of our network model has been well documented in recent weeks. We’re not remaining still and are always evolving with initiatives such as our intended entry into the IFA arena," said head of marketing, Payam Azadi.

"Our network growth has been achieved organically without integration, and our model is flexible enough to incorporate those brokers who find themselves in a tough situation.

"These are testing times for everyone in the industry but opportunities are still to be had for intermediaries who have always worked for brokerages."