Advisers wishing to give advice must have completed this exam or its equivalent by the end of December 2002 to meet the Mortgage Code Compliance Board’s (MCCB) requirements.
There are currently 3,617 holders of the MAQ and a further 2,307 advisers who are registered to sit the exam.
Kate Clayden, director of production at the CII, said: “We want to give advisers the opportunity to complete MAQ and so meet the MCCB deadline. The increase in the number of sessions will give advisers much more flexibility when selecting the most suitable time to take the exam. Our advice however is not to leave it until the last minute. This just puts advisers under unnecessary pressure.”
