Castle Trust has received continuing professional development (CPD) accreditation for its Partnership Mortgage adviser training course.

Castle Trust is awaiting FSA authorisation to offer investors access to UK house price returns and also mortgages that will share the profit or loss with homeowners.

It has been working with the Chartered Insurance Institute (CII) whose accreditation scheme provides formal recognition of the quality and contribution the training makes to professional development.

The training for Partnership Mortgages now counts towards the CPD of mortgage advisers, accounting for a total of 25 credits towards the CII/PFS member CPD scheme.

Mike Hughes, Castle Trust’s managing director of mortgages, said: “A Partnership Mortgage is a new type of mortgage that provides a safer way to buy your home. It is a mortgage with no monthly payments that shares in the profit or the loss on a customer’s home