Reasons why you need to take a CeMAP course in London

August 16, 2016 by Brendan O'Neill

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Obtaining a mortgage can be a complex process, especially now that there are stricter affordability checks and regulations in place. Becoming a mortgage adviser can be a rewarding career option, as you are helping countless people

However, in some areas of the UK where property prices are soaring, obtaining a mortgage can be an even more complex process, placing higher demand on the services of a mortgage adviser. Being CeMAP qualified is mandatory for an adviser, and the knowledge gained will definitely help, especially in London and other high demand regions.

A CeMAP qualification is required by the Financial Conduct Authority to ensure a consistent and professional approach to the provision of advice. Individuals seeking a mortgage in London and other high-demand cities are more likely to seek the services of a qualified professional, to provide the most suitable advice in a complex situation.

As a mortgage adviser in London, you will help with financial advice before the borrower applies for a mortgage. As the property prices are higher, a buyer will ultimately require a large deposit, which may be difficult. The CeMAP course will ensure that you are aware of all the help to buy schemes and the various types of financial assistance available. Help-to-buy schemes and other incentives in London generally vary from schemes in the rest of the country, so knowledge of the products is crucial. A CeMAP course is mandatory, but also ensures that as a mortgage adviser, you are in the best position to help your clients obtain a mortgage.