Mortgage partnership proposition Paradigm Mortgage Services has announced the first in a series of Mortgage Market Review (MMR) workshops for its member firms.
The first workshop will take place in London on Wednesday 17 November and has been designed to look at the MMR, its aims, what implications it will have for advisers and also to answer the range of questions Paradigm members have about the review and the new working environment it is likely to usher in.
The workshop will include a variety of presentations from both Paradigm speakers and outside experts who will deliver their views on the implications and potential benefits of MMR, covering individual adviser registration requirements and responsibilities, compliance issues and the support that will be necessary to ensure a smooth transition.
To coincide with the workshop, Paradigm has produced a special MMR edition of its member newsletter, ‘Target’. It is available online from the Paradigm website.
John Coffield, head of Paradigm Mortgage Services, said: “The MMR is clearly going to change the mortgage advice and lending environment for all those working within it. The first step is likely to be the requirements for all advisers to gain approved person status from the regulator and this first in a series of workshops has been designed to help firms understand this new responsibility and the compliance implications it will bring. While the timetable for this begins in March 2011