Where do I go for CeMAP exams?
October 3, 2010
No matter who you take a CeMAP course with, the Institute of Financial Services (IFS) School of Finance is the awarding body with whom you need to take your financial qualifications – whether that’s CeMAP exams, CeFA exams or advanced mortgage advisor qualifications, such as Read more
What to check when doing CeMAP by distance learning
August 24, 2010
In today’s fluctuating job market, more people than ever are looking to expand their options, whether that is through a career change or expanding their skills to enhance their CV. The CeMAP qualification is ideal for this, as it opens the door not only to training to become a mortgage advisor but to a whole host of roles in the financial industry.
Once you have decided to Read more
Home study: choosing between online and hard copy
August 15, 2010
When it comes to training to become a mortgage advisor, you need to get your CeMAP qualification. If you’re unable to attend a full-time, intensive CeMAP course then home study is certainly a popular option as distance learning means you can study in your own time and at your own pace.
It seems that almost everything is available online nowadays and in fact, when Read more
Take CeMAP home study course and save money
August 12, 2010
Those looking to become a mortgage advisor need to take their CeMAP exams. Yet in times like these, when the economy is recovering, is now a good time for people to fork out huge sums of money for re-training? Are there jobs about? We look at a few points for discussion: Read more
What will happen to the interest base rate this year?
August 6, 2010
Every month the Bank of England’s Monetary Policy Committee (MPC) meets to decide how to move the interest base rate. Each month, that decision could impact on millions of homeowners with mortgages on a variable rate. If the base rate increases, then their monthly mortgage repayments will also increase.
Our recent article talked Read more
Do you pass our financial stress test?
July 31, 2010
This week, the media reported how the banks of Britain passed a financial test this week as industry regulators agreed they were in a position to withstand future economical shocks. However, when looking at the finances of many of their customers, many experts believe many UK households are at the breaking point already and could not cope with unforeseen events.
According to the Yorkshire Building Society over a third of survey respondents said they would only have enough money to last 11 days if they were out of work.
This sort of statistic is rather worrying, and considering how much mortgages have featured in the news over the last couple of years we thought we’d put together our own mini financial test, so see how you fare: Read more
15 percent of mortgage holders unaware of own mortgage details
July 9, 2010
According to a recent report, around 75% of mortgage holders are unaware of by how an increase in interest rate of 1 percent would affect them.
The survey also found that worryingly, some people Read more
Joint tenants or tenants in common?
June 21, 2010
A story in The Observer this weekend highlights the importance of using a good mortgage advisor when you purchase a property.
Patricia Jones and her partner Leonard Kernott bought a semi-detached together in 1985. Jones paid the deposit and her boyfriend didn’t contribute to her mortgage. Kernott moved out 17 years ago and has since purchased his own property. Yet an appeals court has ruled that Kernott is entitled to 50% of the value of the house because they bought as ‘joint tenants’.
Many couples owning Read more
Japanese plant in garden prevents remortgage
May 28, 2010
A bank has refused an application for a remortgage because a Japanese Knotweed plant was discovered in the homeowner’s garden.
David Williams applied to borrow £83,000 on a remortgage of his property but the surveyor said that the building is ‘unsalesable’ thanks to the knotweed. Read more
Beat your cash ISA with an offset mortgage
May 6, 2010
Mortgage provider First Direct has released figures this month stating that many would benefit more from putting their savings against an offset mortgage than they would by saving in a cash ISA.
With an offset mortgage, a savings account is linked to the mortgage account. When borrowers place money in that savings account, this reduces the level of debt on their home loan and reduces the interest payable on the mortgage. Read more
