Paradigm Mortgage Services’ fourth mortgage round table event of the year will provide attendees with an update on the Mortgage Market Review (MMR) and offer advice on what firms should be doing to prepare for the regulatory changes.
With the implementation date for MMR just 10 months away Paradigm is keen for advisers to attend the round table in order to help them with their preparation for the rule changes.
Christine Newell, Paradigm’s partnership manager, will be briefing attendees on the move to MMR and offering guidance on where firms should be with their plans.
The round table takes place next month on Wednesday 17 July at the Hilton Southampton, Bracken Place, Chilworth, Southampton, SO16 3NG.
Like previous events the round table is open to all mortgage advisers, not just Paradigm member firms, and also focuses on the potential new business opportunities available in the current marketplace.
The half-day event offers attendees the chance to hear from John Coffield, head of Paradigm Mortgage Services about the current mortgage market and the services Paradigm provides.
Meanwhile, a number of other lenders and providers will also be presenting on their products and how they can help advisers improve their business levels in the months ahead.
The day begins with registration and coffee from 9.30am and there will be presentations and discussion with representatives from Coventry Intermediaries, Exeter Family Friendly, Masthaven, PruProtect, Platform and Virgin Money.
A full CPD certificate will be given to each attendee.
Bob Hunt, chief executive of Paradigm Mortgage Services, said: “There are now just 10 months to go until the new MMR rules come into effect and while some advisory firms might believe that the ball is firmly in the lenders’ court when it comes to implementing those changes, this is not the case.
“We have been very keen to outline the fact advisory firms also have to prepare and plan for the MMR and there are requirements they need to meet by the 26th of April next year. Our roundtable events not only offer a chance for advisers to hear from notable lenders and providers, but we are also using them as an opportunity to give attendees a heads up on the direction of MMR travel and how they can ensure they reach their destination in good shape.
“We have held three well-attended roundtables already this year and as we get closer to MMR the need for adviser buy-in and understanding of the new market environment is vital. We firmly believe that advisers will gain a significant amount from attending, not just in the form of CPD but also in terms of regulatory knowledge and understanding how MMR will impact on the market as a whole and their individual businesses.”