Return of the property market - how to become a mortgage advisor
21 May 2020 11842 Views
During March, the coronavirus pandemic put the brakes on the property market with an enforced period of shutdown. However, almost two months later the market was reopened by the government on May 13.
Throughout the lockdown period, research suggested that sentiment among home movers remained high, with many consumers keen to pick up their property transaction as soon as it was possible.
Upon reopening the market, the government confirmed that there were approximately 450,000 property transactions on hold. This represents a huge amount of pent-up activity that can now be released.
We must also remember that before coronavirus took hold in March, the market's performance in January and February was very impressive thanks to greater clarity over Brexit and the confidence in a majority government.
These factors combined suggest that the market can still remain in good shape this year and as activity recovers over the coming weeks and months, there will be plenty of business opportunities for property professionals.
As lockdown measures continue to be relaxed and we move away from the peak of the pandemic, some prospective movers may be lacking confidence. And as we continue to navigate uncharted waters, the need for professional moving advice this year and beyond will be greater than ever.
That's why if you've considered becoming a mortgage advisor in the past, uAcademy's external CEMAP course is a great option
Why take uAcademy's CEMAP course?
Our course is interactive and one of the most in-depth available on the market. Over the last few years, we have helped thousands of people of all ages from all backgrounds to gain their CEMAP qualification.
Being a mortgage advisor is a flexible profession. It provides you with a range of options, from working for an estate agency or bank, to working for a private company or working for yourself from home.
Did you know earnings can easily exceed £50,000 per year? There are also good commission rates available for qualified mortgage advisors.
Studying for a CEMAP qualification with uAcademy, which was recently featured on the BBC, provides you with an opportunity to start a new career. There is currently a shortage of mortgage advisors in the UK, with huge consumer demand for market guidance - a trend which is only going to grow post-coronavirus.
What's included in the course?
The full CEMAP course includes three modules made up of seven units and is the only course you will need to gain your CEMAP qualification and become a mortgage advisor.
This course also provides you with access to the Property Development Course and CEMAP mock exams. If you don't want to buy the full course, you can purchase module one and modules two and three separately.
The CEMAP training course is a distance learning qualification. This means you are provided with online study materials to learn at home around your schedule.
The recommended time to complete the full course is 270 study hours - so it's very achievable within 12 months.
As the market continues to recover from the knock-on effects of coronavirus, there has never been a better time to enter the mortgage advisor market and provide home movers with the advice they’re searching for.
CeMap is a trademarked & awarded by the London Institute of Banking & Finance.