The ifs’ new Advanced CeMAP®, to be fully launched in September this year, brings together the key areas that are the subject of the FSA’s focus, including Treating Customers Fairly and home reversion schemes. Advanced CeMAP® will also cover regulatory supervision and alternative residential lending.
Gavin Shreeve, ifs Chief Executive says: “Treating Customers Fairly is high on the FSA’s agenda, and being able to translate this concept into a qualification designed specifically for mortgage professionals is a triumph.”
Although the full Advanced CeMAP® menu is not released until September, two of the modules are up and running already: Regulated Customer Care (the ‘core’ component and a stand-alone certificate in itself), and Lifetime Mortgages which includes coverage of home reversion schemes. Added Shreeve: “The ifs has had more than 500 registrations for the Lifetime Mortgages module, indicating the critical importance advisers attach to acquiring and maintaining competence in this area.”
Advanced CeMAP® offers advisers a means of demonstrating to both customers - and the FSA – their commitment to maintaining and enhancing their knowledge and understanding of key issues in the regulatory mortgage market.
