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IFS launches equity release qualification

The IFS School of Finance is launching a qualification called the Certificate in Equity Release.

From April 6, the Financial Services Authority will regulate the sale and marketing of all equity release products including home reversion plans. The new qualification takes this ex-panded remit into account.

Registration for the certificate will begin on March 5 with the first exam scheduled for April 10. It costs £130 to register for the certificate, which includes learning materials and one exam.

Those who already hold a qualification for lifetime mortgages can complete a top-up unit from April 10 for £70. This includes home reversions.


Support for anti-HIP campaign is growing

The campaign to scupper the nationwide introduction of Home Information Packs in June gained momentum last week when it became one of the most popular petitions to appear on Prime Minister Tony Blair’s website.

Commercial First appoints HR director

Commercial First has appointed Claire Withey as associate director of human resources. Withey joins Commercial First in this newly created associate director role from a recently completed interim assignment at Barclays.Prior to this she was head of organisational development at Atos Origin/KPMG.She will head up the HR team of three. Philip George managing director of […]

Increased exit fees to face FSA scrutiny

Lenders who increase their mortgage exit administration fees beyond that originally quoted to the customer may face investigation, warns the Financial Services Authority.The regulator is responding to recent concerns that MEAFs had been increased unfairly, so consumers were being charged higher exit fees than they had expected to pay.Lenders often charge MEAFs when borrowers pay […]

Harry Potter boosts property sales

The popularity of the Harry Potter films has been driving house sales and boosting the economy in Alnwick, the location of the Hogwarts set. The small Northumberland town was first made famous by the Harry Potter film The Philosopher’s Stone in 2001 when it played host to Hogwarts, the famous school for witchcraft and wizardry […]

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Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.


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