Mortgage Express’ Roger Hillier and Tim Sturley have passed their Certificate in Lifetime Mortgages with flying colours.The pair had to sit two papers. The first comprised 50 questions and this was followed by the case study paper, featuring three case studies with 10 questions each. Answers are multiple choice so the duo found their results waiting for them when they exited the exam room. Both passed with merit. Hillier, head of mortgage development at Mortgage Express, says: “I was thrilled when I found I had passed and was dancing down the street.” The Institute of Financial Services, which runs the CeLM course, recommends study time for the exam should be between 30 and 40 hours but Hillier says he whizzed through the study material twice in the course of three train journeys. Clearly not resting on his laurels, Hillier is now preparing to study for an additional module on investment and risk. Hillier adds: “Once you have the qualification with the Council of Mortgage Lender’s best practice guide on equity release, you should feel confident in providing a robust service to your customers.”
- Top trends
The Mortgage Works has cut interest rates on several of its buy-to-let mortgages and has also reduced the rental calculation on its five-year fixed rate products from 125% to the improved calculation of 115%. Two, three and five-year fixed rates with a 0.5% fee now all come at 4.99%. The five-year fix with a 1% […]
GE Home Lending is to increase its activity across a number of regions in the UK. As part of this expansion, it has made two appointments to its mortgage sales team, bolstering activity in Wales, Scotland and Northern Ireland. Sally Cooper and Sandy Webster have been appointed as business development managers for GE Home Lending […]
Alan is a taxi driver in Birmingham earning 30,000 a year. He has a mortgage of 91,500 on his flat now valued at 130,000. He has a secured loan of 14,500 plus 7,000 credit card debts and one County Court judgement for 450. He lost his driving licence for six months and missed payments on […]
Juan Rodriguez Inciarte, director general of Spanish banking giant Group Santander, says Abbey will win confidence amongst the public and intermediaries by offering more choice, better prices and the products that they really need.Speaking at the Mortgage Summit in Jerez, Spain, Rodriguez Inciarte told delegates: The way that we can achieve this is by having […]
This month will see the release of a TV advertising campaign to raise awareness of auto-enrolment among small and micro employers. It arrives before an unprecedented number of businesses approach their staging date.
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