Mortgages  

Paradigm runs MCD roadshows for IFAs

Paradigm Mortgage Services is running a series of roadshows focusing on the upcoming Mortgage Credit Directive for mortgage and protection advisers.

The events, which will take place in a number of venues across the country, will explore where adviser firms should be with their preparations for the MCD which comes into effect on 21 March, as well as what is required in order to meet the deadline.

The next event is due to be held in Durham on 8 March, and the series of roadshows will end in Gatwick on 22 March.

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Bob Hunt, chief executive of PMS, said: “In my experience, having the Directive and its responsibilities explained directly to you can make all the difference, and this is why our forthcoming events focus so firmly on the MCD and its requirements.”

Mr Hunt added: “This is all about ensuring a smooth, ‘business as usual’ process is achieved, but it will require time, effort and resource in order to get to this point. Paradigm wants to ensure that no firm is left behind and everyone is clear about what these significant changes will mean in practical terms.”

Adviser view

Robin Melley, director of Shropshire-based Matrix Capital, said: “Roadshows can be useful, but you have to be picky. I always look closely at who is due to speak and what the subject is before deciding on whether or not to attend.”