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Most mortgage advisers looking to take exams

The head of the Mortgage Code Compliance Board, Luke March, has told the Building Societies Association that 37,000 mortgage advisers have taken steps to pas the relevant exams before the 2002 deadline.

March added that 17,000 of the 40,000 intermediaries in the UK are already qualified to CeMAP or MAQ.

He also promised that the customer would see no difference between the parts of the market regulated on a statutory basis and the non-statutory sector covered by the MCCB.

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