Where now for BDMs?

While BDMs have always been there to provide support to intermediaries, traditionally, the focus has tended to be more on discussing products and rates, and responding to intermediaries' queries. However, since the onset of the financial crisis, the focus has changed to a much more proactive approach, with BDMs providing greater support to intermediaries in terms of information and education. With market estimates placing the number of intermediaries in the mortgage market at around 10,000, down from 30,000 in 2007, and with a significant number of lenders withdrawing from the interme...