Society of Mortgage Professionals unveils CPD events

The Society of Mortgage Professionals has launched a series of CPD events in five roadshows, three workshops and a webinar.

The five roadshows include a keynote session on complex buy-to-lets and how to cater for the needs of today’s portfolio landlords, delivered by Liz Syms, chief executive of Connect for Intermediaries.

The three specialist workshops will take place in London, Leeds and Birmingham on 25, 27 and 28 October. The full-day sessions look at the current state of buy-to-let in detail with practical examples to help advisers learn about taxation rules and the calculations involved. They will also explore the likely impact of all the buy-to-let changes on first-time buyers.

The webinar taking place on 26 October will provide an overview on the state of the buy-to-let market from Jeremy Duncombe, director of Legal & General Mortgage Club, followed by a specialist briefing by David Kilshaw, tax partner at Ernst & Young’s private client group.

Lee Travis, head of professional development at the Society of Mortgage Professionals, said: “Buy-to-let has gone through some very significant changes this year and we do not think we have seen the last of them.

“From 2017, higher and additional rate tax-paying landlords will no longer be able to claim full tax relief on the interest payments made on their BTL mortgage.

“Although this will be a phased adjustment and not fully implemented until 2020, it is vital that advisers are aware of what’s on the horizon, as advice given now could have huge ramifications on a client’s future tax position.”

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