Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

BMPAN Event Highlights Importance of Adaptability in Changing Market

The most recent Black Mortgage Professionals & Allies Networking (BMPAN) event took place in June, focusing on the theme of thriving through market change. Industry professionals at the event discussed the significance of expertise, adaptability, and networking in the face of ongoing shifts in the property and mortgage sectors.

Aleka Gutzmore, co-founder of BMPAN, opened the event by noting that change has become a constant in the industry, with factors such as affordability, policy updates, and the introduction of Consumer Duty reshaping the market. Gutzmore emphasised that expertise is increasingly important, and that those who succeed are not just reacting to change but are adapting, learning, and finding new opportunities.

Speakers at the event included Richard Goppy, director of acquisitions and key accounts at PMS Mortgage Club, and Claire Cherrington, directly authorised distribution director of Sesame Bankhall Group. Both represented the event’s sponsor, PMS Bankhall. Cherrington highlighted the importance of experience, learning, and relationships in building a career, stating that organisations like BMPAN provide valuable spaces for professionals to connect and grow.

Goppy shared his own experience, explaining that a connection made at a previous BMPAN event led to his current role. He described how ongoing professional relationships, even among competitors, can evolve and have a direct impact on career development. Cherrington added that networking events can lead to unexpected opportunities, including mentorships, partnerships, and lasting professional relationships.

The event also featured a panel discussion on thriving in an uncertain and changing market. Michael Brown, head of business development at April Mortgages, commented on the significant changes seen in the market in recent years. Panel chair and BMPAN co-founder Atlyn Forde asked about the skills and qualities needed as the market evolves. Damian Thompson, director of mortgage intermediaries and partnerships at Nationwide, stated that the key is maintaining relevance in the marketplace.

For UK letting agents and inventory clerks, the event underscored the importance of adaptability, continuous learning, and building strong professional networks to navigate ongoing changes in the property sector.