Can I study CeMAP at my age?
November 30, 2009
When it comes to studying for the CeMAP qualification, the CeFA or the CeRER exam, it seems that no matter what age you are, people worry whether or not they will be ableto cope with learning new material.
Perhaps you haven’t studied for some time and are worried that your brain isn’t up to retaining new information in order to pass an exam, or perhaps you are fresh out of college or university and even worrying you are too young, but as a reputable and experienced training provider we can assure you we have seen people of all ages studying for these financial courses and we still have a first time pass rate of over 90 per cent.
The younger delegate might Read more
Half of homeowners do not understand offset mortgages
November 27, 2009
According to a survey on behalf of First Direct Bank, nearly half of homeowners do not understand how an offset mortgage works and another 35 percent only have a rough idea.
40 percent of those questions didn’t understand the benefits and 35 percent had just a rough idea of how these relatively new mortgage types work.
This indicates a huge number of homeowners might be failing to gain the savings an offset mortgage could make them.
An offset mortgage means that your savings, Read more
Average cost of popular mortgages falls below 5 percent again at last
November 24, 2009
According to Moneyfacts.co.uk, the average fixed rate two year mortgage deal is now priced at 4.99 percent interest rate.
The figures released yesterday show that for the first time since June of this year the average interest rate on popular mortgages are priced below 5 percent – this is great news for the mortgage industry as a whole and a good indicator in the battle against the recession according to experts.
The financial website Moneyfacts.co.uk stated Read more
Do I have to do my CeMAP or CeFA training in London?
November 21, 2009
Whenever somebody starts to look for financial training courses, especially the entry level qualifications to get you into the industry in the first place such as CeMAP or CeFA training, there always seems to be a wealth of such courses in London or the London area.
There is certainly no reason why you should have to do the CeMAP or CeFA training courses in London – there are many more courses in London because of Read more
Abbey offers new fixed rate mortgage
November 18, 2009
The Abbey has a new 2 year fixed rate mortgage, also available through Alliance & Leicester.
This new two year mortgage deal has an interest rate of 3.69 per cent, although is only available for those with a maximum of 70 percent loan to value ratio and comes with a £799 arrangement fee, whether the loan is for a remortgage or a new house purchase.
The mortgage is available via the branches or Read more
FSA bans mortgage broker in Birmingham
November 15, 2009
The Financial Services Authority (FSA) has, according to Bridging & Commercial, banned a mortgage broker in Birmingham in the West Midlands for giving false information to the FSA.
When applying for official authorisation from the FSA, Mohammed Hanif stated that Zaneb Sarfraz, his daughter-in-law trading under the name of Pak Property Centre had the necessary competence to be an ‘authorised person’. As such, she would be required to help manage and control Pak Property Centre and Mr Hanif confirmed this.
Following investigation, the FSA discovered Mrs Sarfraz did not Read more
Expected repossessions figure falls
November 12, 2009
The Council of Mortgage Lenders (CML) has announced for the second time in 2009 that it is cutting its forecast for the number of repossessed homes that we’re likely to see this year. The new figure is down to just 48,000 from an original forecast of 75,000.
Following all the doom and gloom we have seen in the media about house repossessions this year, this is welcome news. A figure of 48,000, if that proves to be correct, is just 8,000 more than last year.
The CML believes the fall in its forecast is largely due to Read more
Self-certification mortgages finally extinct
November 9, 2009
The self-certification mortgage is practically extinct now since the last significant lender of this mortgage type withdraws from the mortgage market.
Part of the Co-operative Bank, Platform, is withdrawing its self-cert mortgages following the Read more
What will happen to my Northern Rock mortgage?
November 6, 2009
As we mentioned last week, Northern Rock is reportedly due to split up into two separate banks within the next few months or so, and these two banks have been dubbed ‘the good’ and ‘the bad’ banks.
The ‘good’ bank is to contain all the savings accounts and the less risky mortgage loans and investments, and will be sold off. The ‘bad’ bank section will include all the riskier mortgages and loans.
If you are in the position of having your mortgage put into the ‘bad’ section of the bank then Read more
How long will it take me to pass the CeMAP/CeFA exams?
November 4, 2009
How long it will take to study and pass the CeMAP or the CeFA exams could be a question of how long is a piece of string, but it does come down to a few factors:
Firstly, are you studying using the home study method or the full time training course? Full time training courses are naturally faster, but not everyone has the time. Home study is of course slower but you learn at your own pace. Each home study course has an estimated number of hours but when you can fit them in is up to you and it will also depend on how quickly you read.
How quickly do you absorb information and how do you learn? Some people learn Read more
