A new, higher-level CeMAP qualification is being launched by The London Institute of Banking & Finance.

The new CeMAP® Diploma follows on from the level 3 qualification Certificate in Mortgage Advice and Practice (CeMAP). To gain the advanced qualification, advisers will need to complete a new level 4 Advanced Mortgage Advice unit, building on CeMAP’s existing licence-to-practise modules.

The new qualification has been specifically designed to reflect the day-to-day roles of senior mortgage professionals operating in today’s mortgage market.

The qualification opens for registrations in October and is available to holders of CeMAP (or any other relevant qualification) or anyone intending to become a qualified mortgage adviser.

Martin Day, managing director, corporate and professional qualifications at The London Institute of Banking & Finance said: “The UK mortgage market is dynamic and complex and it’s clear that in order to offer the very best service to their clients, advisers have to ensure their skills are highly relevant and up-to-date.

“CeMAP has achieved recognition as the leading regulated qualification in this market and, building on this success, many mortgage advisers will want to continue their professional development, beyond what is required by the FCA in order to practise.

“The new CeMAP Diploma will allow these advisers to develop their skills and demonstrate to clients their proficiency and understanding of the latest trends and developments, allowing them to enhance the service they provide.”