A new professional recognition programme for mortgage advisers has been introduced by the London Institute of Banking & Finance (LIBF).

Qualified advisers can acquire the Certified Mortgage Adviser recognition as of this month (June 2021), to endorse their skills and knowledge in the mortgage and equity release sectors.

To qualify for CMA status, advisers must hold an appropriate LIBF qualification to advise on mortgages or equity release – such as CeMAP or CeRER; be actively advising clients, with appropriate permission showing on the FCA Register; and be a member of LIBF.

LIBF will recheck advisers’ professional status annually at renewal. Advisers who are not members of LIBF can join for £82 a year.

LIBF head of financial services, professional education John Somerville says: “In an increasingly complex world, it’s important for advisers to be able to demonstrate their credibility. Independent endorsement helps give consumers confidence that they’re getting great advice from an accomplished professional.”