A new, higher-level qualification has been launched for mortgage advisers who wish to stand out from the crowd.
The new Cemap Diploma builds on The London Institute of Banking & Finance’s existing level 3 Cemap qualification.
To gain the new qualification, advisers will need to complete a new level 4 advanced mortgage advice unit.
Martin Day, managing director for corporate and professional qualifications at The London Institute of Banking & Finance, said: “The UK mortgage market is dynamic and complex and it’s clear that in order to offer the very best service to their clients, advisers have to ensure their skills are highly relevant and up-to-date.
“Cemap has achieved recognition as the leading regulated qualification in this market and, building on this success, many mortgage advisers will want to continue their professional development, beyond what is required by the FCA in order to practise.
“The new Cemap Diploma will allow these advisers to develop their skills and demonstrate to clients their proficiency and understanding of the latest trends and developments, allowing them to enhance the service they provide.”
The new qualification has been developed in consultation with industry experts, regulators and existing students and has been designed to reflect the day-to-day roles of senior mortgage professionals operating in today’s mortgage market.
It covers the commercial and regulatory environment, products, services and legislation that inform the mortgage advice process and aims to help advisers gain an understanding of the importance of consumer-oriented advice, sound communication and appropriate ethical behaviours.
Since launching in 1998, Cemap is completed by thousands of people each year.
The new qualification has opened for registrations this month and is available to holders of Cemap or any other relevant qualification, or anyone intending to become a qualified mortgage adviser.
In September the IFS University College changed its name to The London Institute of Banking & Finance.
