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IFS launches alternative residential lending module

The Alternative Residential Lending module has just opened for registration at the Institute of Financial Services. The ARL module forms part of the recently launched Advanced CeMAP qualification and giving candidates greater flexibility in their specialist area.

The ARL module covers the specialist advice process for a range of alternative lending products such as, sub-prime mortgages, the Right-to-Buy market, self-build mortgages, equity release, borrowing to buy foreign property, the key features of buy-to-let borrowing, and the key factors of buying property as an investment in a self invested personal pension.

Mark Roberts, head of faculty financial regulation at the IFS, says: “The industry has diversified into new areas recently with many mainstream players now lending to sub prime borrowers as the number of borrowers depletes.

“We developed the ARL module to offer those working in this market a chance to demonstrate their competence through proper accreditation and to allow those looking to expand their portfolio to train in giving advice in new areas.”


CBI concerned over north-south divide in new business rates

The Confederation of British Industry is calling on the Government to address regional disparities in new business start-up rates which are affecting jobs and prosperity across the UK.The employers’ organisation is worried by the startling and growing gap in regional rates of new businesses . London has more firms and companies thanWales, Scotland and Northern […]

Is there still a place for HLCs?

Nationwide recently reported that 800,000 borrowers have paid 1bn in higher lending charges over the last five years.The HLC offers a measure of protection to the lender if a borrower defaults on the mortgage, but it is important to emphasise that although the customer has to pay the premium, it is the lender that benefits […]

Buy-to-let boosted by competitive products

Mortgage Trust’s October buy-to-let intermediary forecast reveals that increasing lender competition in the sector is helping to encourage the market. 50% of buy-to-let intermediaries cited the increased availability of more innovative and competitive mortgage products as a key factor in the generation of buy-to-let business volumes. This benefit was supported by the key fundamentals of […]


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