Mortgage Strategy - Will the new mortgage qualification open the door to higher standards?
To say a concerted effort has been made to increase professionalism in financial services is an understatement. Regulation, through the RDR and Mortgage Market Review, has played a huge part in driving up standards.
But there is a school of thought that pushing beyond the minimum requirements voluntarily also brings about improvements and this is where the Chartered Institute of Insurance is coming from with its new level four mortgage qualification.
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