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LIA’s late show with workshops on mortgages

The LIA is holding workshops for advisers on how to provide mortgage advice in a regulated market.

The workshops will be held at 31 locations across the UK during November and December.

They will cover a number of areas, including the change to the mortgage sales process following regulation and the rules regarding suitability. Advisers will also be given information on the initial disclosure document and key fact illustrations to help them und-erstand the accuracy requirements and potential liability that applies to them.

The workshops will also cover the requirements placed on a firm that wants to describe itself as independent and the implications this has for using panels. The workshops are free for members and £117 to non-members.

However, Mortgageforce managing director Robert Clifford says “I think that most serious practitioners will have positioned themselves for mortgage regulation months ago and a number of smaller firms decided to sign up to networks.

“It does seem a little late to be offering courses on regulation. I would be concerned if a big number of intermediaries turned up for more training at this stage.”

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