Why London has a huge demand for CeMAP courses

July 25, 2016 by Brendan O'Neill

CeMAP

Many people who are looking for a property will consider seeking the advice of a mortgage adviser, mainly because it could be the most expensive purchase you will make.

The demand for the services of a mortgage adviser is likely to increase, especially in London where property prices are soaring. The introduction of new regulations, like the Mortgage https://www.beaconfinancialtraining.co.uk/wp-content/uploads/2020/06/cemap-online-and-classroom-training-uk.jpget Review and affordability tests, can place much higher pressure on buyers, which is why borrowers often turn to specialists for advice.

The outcome of the EU referendum is another factor which could create uncertainty when buying a property, especially in London where prices are so high. A CeMAP-qualified adviser will ensure that a buyer makes the best decision when buying a property.

As a number of changes have come into force during the past few years, followed by Brexit, the demand for the services of mortgage advisers has increased significantly. To be able to act as a mortgage adviser, it is necessary to take a CeMAP course so that you are aware of all the relevant changes in the property industry, while also having knowledge of lenders and their criteria.

Buying a property in London can be particularly challenging, especially for a first-time buyer. Rising prices require larger deposits, and the current uncertainty in the property market could mean that buyers need to be aware of negative equity further down the line. As more people require the services of a mortgage adviser before buying a property, opportunities continue to rise for those who would like to take a CeMAP course and become part of the mortgage industry.