The behaviour of some exhibitors at last week's Mortgage Expo in London has been branded as totally unacceptable by leading industry figures.
Prudential national mortgage club manager John Malone feels so let down that he intends to write to the organisers to ask for his money back.
Expo saw Majestic Mortgages trying to entice brokers to its stand with a pole-dancer while girls in hot pants were on the County Mortgages stand and The Finance Centre featured bunny girls.
Malone says: “I feel desperately let down and will be writing to the organisers requesting my money back. We have to distance ourselves from this sort of thing as, with regulation approaching, few will want to be associated with such behaviour. It is time the industry grew up.”
Hill Martin mortgage executive Steve Smith says: “I was disappointed with the lack of professionalism shown by a number of stands. We are about to enter statutory regulation. The overall professional standing of the industry, which has never been high, has potentially been put back by this.”
Majestic Mortgages managing director Peter Parsons says: “You cannot please everyone all of the time. We looked at our core market, which is predominantly male. Men like women, booze – we had a free bar – fast cars and money.”