Just Mortgages has announced that 13 of the mortgage advisors who are attached to it on a self-employed basis have been given the training needed to advise clients about equity release products.
The broker company went on to say that what it calls its ‘intensive academy’ for training will be made available to other advisors who are self-employed and who want to be able to branch out into providing later-life mortgage advice. Each of the area directors at Just Mortgages has been given this training as well, so they can let advisors know what is involved in the course should they be considering applying for it.
Talking to Mortgage Solutions about the decision to provide training in this part of the market, Just Mortgages’ Regional Director, Ashley Edwards, said that it would enable self-employed advisors to give older potential borrowers comprehensive assistance when needed. He then went on to add that:
“Equity release is a growing market and by qualifying to advise, Just Mortgages’ brokers can offer holistic later life lending. Some brokers just specialise in equity release, however, Just Mortgages’ brokers can advise on all areas of later life borrowing.”
Edwards concluded by pointing out that although equity release products would not always be the best choice for clients, the training would ensure advisors could let them know when it was.
After getting the CeMAP qualification that all advisors must have, many pursue continuous professional development, such as getting the CeRER qualification needed for the later-life market.