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First Complete announces MMR training roadshows

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  • 24/03/2014
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First Complete announces MMR training roadshows
First Complete has announced it will hold seven roadshows next month to help advisers deal with the impact of the Mortgage Market Review (MMR).

The network will start the series in Belfast on April 1, this will be followed by dates across the UK including Glasgow and London.

The events will allow the network to relay to brokers what criteria changes to expect, processing updates and information on the amount and type of information that they will need to gather from their clients.

First Complete said it would also host a separate series of roadshows for the mortgage advisers in estate agency chains Reeds Rains and Your Move.

Toni Smith, sales operations director at First Complete, said: “The MMR presents the biggest change to the mortgage market in ten years. The amount and type of information requested by lenders varies hugely with some requiring details of basic living costs from borrowers while others need to know much more detailed information.

“It is vital that advisers fully understand the FCA regulations, what the different lenders require and what they need to ask of their clients in the next few months. These training sessions are about presenting all of this information in a way that is both comprehensive and easy to understand, so that advisers are as equipped as they can be for the changes to come.”

Full list of First Complete roadshows:

Tuesday 1 April – Belfast
Wednesday 2 April – Glasgow
Thursday 3 April – Haydock
Tuesday 8 April – North East
Wednesday 9 April – Yorkshire
Thursday 10 April – London
Thursday 17 April – Midlands

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