The first ever industry event put together by the Mortgage Climate Action Group (MCAG) is set to take place next month, and advisors from all areas of the industry are invited to attend.

It will be a virtual online event that runs for one hour, and the purpose behind it is to provide more detailed information about the decision to set up MCAG and what the aims of the organisation are. The event will also look at the existing situation within the mortgage industry and at how both mortgage advisors and lenders are affected by environmental concerns.

Chris Pearson, who works for HSBC as its Intermediary Mortgages Head, will be one of those from within the industry who will speak during the event. Another will be Esther Diijkstra, who is the Intermediaries Managing Director at Lloyds Banking Group.

Plans for the future of MCAG are among the topics that will be spoken about during this first event. MCAG was launched three months ago by the lenders SimplyBiz Mortgages, Sesame Bankhall Group and Legal & General.

Paradigm Mortgages, Openwork, Primis, Mortgage Intelligence and Home Loan Partnership have since signed up. The primary purpose is to offer mortgage advisors both guidance and more practical support in addressing the latest legislation that is designed to tackle environmental issues.

Anyone with a CeMAP qualification will be aware of ways in which the industry is responding to the climate issue, such as green mortgages, so this event should be useful.

The event will be held on 4th August.

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