Benefits to online home study
April 20, 2009
Recently, Beacon Financial Training moved their CeMAP and CeFA home study courses online and were surprised at the response. Distance learning has often been popular with potential delegates because not everyone is lucky enough to be able to take the time out to study a full time CeFA or
CeMAP training course, but the method of home study is important too.
Some of the benefits to online home study include:
- Easy access to CeFA or
CeMAP training course
material from anywhere in the world, whether the student is at home, at work or even on holiday, without having to carry heavy manuals with them - Revision at home is made simpler because a student can search online training material easily
- Many CeFA and CeMAP students nowadays feel more comfortable reading from a laptop or computer screen than working off paper
- Paper manuals can easily become lost, incurring additional costs for reprints of the materials. Online material can be accessed easily and if the password is lost, then the training course provider can re-send the password
- Many delegates feel the units are easy to work through as they are organised in a list on screen. Feedback has shown that the large manuals appeared quite daunting
It seems that doing the CeFA or CeMAP training online from home is proving even more popular than first thought.
Does negative equity really matter?
April 19, 2009
Negative equity is ruling the media this weekend as figures are bandied about from mortgage bodies and experts stating that around 1.2 million homeowners have been pushed into negative equity thanks to the falling house prices.
Negative equity is when a person owes more on their mortgage than their house is worth, but is it really a problem?
As the Council of Mortgage Lenders (CML) quite rightly stated, this Read more
What is a realistic salary for a mortgage advisor?
April 18, 2009
Even in the current economic climate, there are many people looking at retraining as a mortgage advisor and work in the financial industry, whether they want to be self employed at some point, work for an independent financial advisor firm or work in a bank or building society.
CeMAP training is only Read more
Housing market in Scotland remains tight
April 17, 2009
Property sales figures were released earlier this week as we reported yesterday showing signs of life in the housing market once again, which will be good news for mortgage advisors and those on CeMAP training courses at the moment, however, for those in
Scotland, the housing market does not appear to show the same strength of revival quite yet.
The figures from the Royal Institution of Chartered Surveyors (RICS) showed that the number of homebuyers showing an interest in Scotland continued to rise for the fifth consecutive month like the rest of the country, however, it Read more
Property sales show signs of life
April 16, 2009
Property sales figures are big news in the media this week as released figures from the Royal Institution of Chartered Surveyors (RICS) has shown that the number of enquiries from new homebuyers rose for the fifth month in a row and at the fastest rate for almost six years.
Subsequently, this increase has meant a slight rise in the number of sales and hopes are high that this could be a stronger signal than previously that the falling house prices are at an end.
Further figures from the Council of Mortgage Lenders (CML) seem to back this theory up as they show a rise of 4 per cent in the mortgage approval Read more
HSBC release 90% mortgages
April 15, 2009
HSBC has released a new range of mortgages that will have first time buyers jumping for joy this week as they are available with a deposit of only 10 per cent.
Previously, HSBC was offering a maximum loan-to-value (LTV) of 85 per cent and first time buyers have been struggling to find mortgages for smaller deposits. There have been a few on the market but the fewer there are, the less competitive they tend to be so the news of another major mortgage lender joining the 90 per cent offer again is good news.
HSBC bank has reportedly Read more
Banks triple profit margin
April 14, 2009
This week, the banks have come under fire once again as they are accused of profiteering in this difficult economic period as they triple their profit margins.
Despite handouts of billions of pounds from the government, banks appear to be ignoring government efforts to encourage reasonably-priced borrowing to help stimulate our economy.
The Bank of England (BoE) has reduced the base interest rate from 5 per cent in October last year to just 0.5 per cent now and yet the Read more
RBS slammed for non-refundable £995 mortgage fee
April 13, 2009
The Royal Bank of Scotland (RBS) is reportedly charging a £995 non-refundable arrangement fee to its mortgage customers whether the potential customer uses the bank directly or a mortgage advisor.
Once the mortgage offer has been produced, regardless of why a mortgage may then not proceed – whether it is the seller that has pulled out or any other reason – the potential customer is still charged the £995, which seems a rather high product fee for this sort of condition.
This move is uncommon Read more
Northern Rock tries to hold back mortgage overpayment money
April 12, 2009
In The Times today, the paper talks about an instance where a Northern Rock customer was turned down as he tried to withdraw an overpayment from his ‘flexible’ mortgage.
Many Northern Rock customers have flexible mortgages where they were told they could overpay on the understanding that they could later withdraw the money if they wished to, just by a simple phone call.
However, Read more
CeFA or CeMAP?
April 11, 2009
When people start to think about becoming qualified to work in the financial industry, becoming either a financial advisor or a mortgage advisor are probably the two most popular choices and require either the CeFA or the CeMAP training and qualification respectively.
If a person is lucky enough to already work or have experience of working within the financial industry, then some people are quite clear on which route they want to take, however, being a predominantly CeMAP and CeFA training company we do speak to many who are unsure and want a little guidance on which qualification they should study for.
Our advice is Read more
