You are here: Home - News -

MCCB warns deadline is approaching

  • 07/10/2002
  • 0
The Mortgage Code Compliance Board (MCCB) has again warned that time is running out for many advise...

The Mortgage Code Compliance Board (MCCB) has again warned that time is running out for many advisers to meet the 31 December deadline for completing the professional qualification in order to advice on mortgages.

With less than 80 days to go, the deadline is tightening for those leaving it to the last minute.

Although thousands of advisers are registered to take the examinations in the next few weeks, the MCCB is worried those who fail or have not yet registered will not be able to retake before the deadline.

Richard Fox, compliance director of the MCCB, said: ‘There is a rumour we will be flexible on this issue. This is not true and there will be no extension of the deadline.’

Only 37,204 advisers have qualified although over 84,000 have registered.

The MCCB estimates that there are 70,000 advisers, with the remainder being back-office staff in firms that have encouraged the qualification in order to raise standards.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
Crown Equity Release applies for SHIP membership

Crown Equity Release has applied for membership of Safe Home Income Plans (SHIP), the body whose acc...