Legal & General Home Finance will offer four additional CII-led workshops for mortgage brokers.
The workshops will be offered in new locations across the UK, including Cardiff, Barnsley, Hove and London. The additional workshops will support those interested in taking the Level 3 Certificate in Equity Release.
The workshops aim to help mortgage brokers understand the principles of equity release, different schemes on offer in the market, the risks involved to consumers and the suitability of different product types according to a client’s circumstances.
Advisers will also be given an overview of the Level 3 Certificate syllabus, as well as guidance for the exam.
Legal & General Home Finance announced a new strategy last year to encourage more mortgage brokers to enter the retirement lending market and advise their clients on later life lending solutions. As part of the strategy the retirement lender wants to support and guide intermediaries who are thinking about entering the later life lending sector, using education, tools and workshops to help them take their first step.
Marie Catch, head of mortgage broker sales at Legal & General Home Finance, said: “The response we’ve received from intermediaries after we announced our new equity release workshops earlier this year has been fantastic. It’s a clear indication that they recognise the opportunities of the later life lending sector and the important role property wealth is starting to play in their clients’ retirement plans.
“As part of our strategy and commitment to supporting mortgage brokers who are interested in later life lending, we’re delighted to announce that we’ll be offering even more of our CII-led equity release workshops. Borrowing in retirement is becoming more popular amongst over-55s.
“To continue growing the later life lending market and meeting the needs of homeowners, we need to get more mortgage brokers ‘on board’ and including property wealth as part of everyday retirement planning.”
Registration for workshops is now open for the following dates:
- Wednesday, 20 March 2019 in Solihull
- Thursday, 4 April 2019 in London
- Thursday, 16 May 2019 in Cardiff
- Thursday, 6 June 2019 in Barnsley
- Thursday, 11 July 2019 in Hove
Advisers interested in attending one of the workshops can register here.