The Association of Mortgage Intermediaries is the representative body for the mortgage and protection advice profession. Through our corporate membership, over 80% of all brokers belong to AMI and we represent their interests with policy makers, politicians and regulators here and across Europe. It is our mission to deliver a better business environment to our members and we work with consumer groups, the media, providers and other industry bodies to deliver this objective.
AMI’s membership covers all types of firms from the largest networks through to sole practitioners. We have relationships with broker firms across the country.
Members look to us to help them survive in a competitive market by offering regulatory support and representation, research, business support, good practice guides, member events, and early warning on key business and regulatory proposals.
Because of our independent, non-commercialised stand point we are well suited to identifying opportunities and support to our members. To them we are a trusted source and we often achieve greater impact with communications as a result of this.
The Association of Mortgage Intermediaries Limited was incorporated as a fully independent trade body on 8th March 2012
In the last ten years we have worked hard to ensure the intermediary is better understood by government, civil servants, regulators, supervisors, lenders and insurers. When the Treasury, Department for Levelling Up, Housing and Communities (DLUHC), Department for Business, Energy and Industrial Strategy (BEIS), Bank of England, PRA and FCA have questions to ask or need information we are always on the list of key trade bodies they ask. We operate to ensure you understand their expectations in simpler language.
AMI is here to protect and promote the commercial interests of its members firms. The core role is to lobby and campaign on behalf of the intermediary and ensure you are aware of change that is coming.
We have had great success over the last decade. The most important was the move to take protection income out of the “Pensions” pot in FSCS. This single change has saved the mortgage intermediary sector over £250m in the last five years. Secondly, our lobbying in 2020 meant government extended the Stamp Duty reductions to June 2021 and then phased them out. AMI was the first to call out the risk and took the data to Treasury to provide solutions. We lobbied hard, with success, during the Mortgage Market Review and Mortgages Market Study to ensure that advice and intermediaries remained at the heart of the mortgage journey.