Beacon Financial Training is now also able to offer CeRER training courses on equity release leading to delegates taking the CeRER exam (Certificate in Regulated Equity Release).
This area of finance is now fully regulated by the FCA which means that all advisers must pass this exam before they are able to advise and sell these products.
Equity Release is the process of releasing some of the value or equity from your home in order to provide capital and/or income. These schemes are available to elderly people.
Potential for CeRER Equity Release Advisers
CeRER Equity Release is now a massive growth area. There are two important reasons why CeRER training and the CeRER qualification could be important and beneficial to you.
Firstly, the UK as a population has not made adequate pension provision to provide for our needs in retirement. Therefore, a way of solving that problem is to release some or all of the value from the family home in order to provide capital and/or income without having to leave the family home. Many elderly people will be able to solve their income and capital problems by releasing equity from their homes in this way.
Secondly, with the main market being a little difficult at the moment, this could be a useful additional income stream for the mortgage adviser.
CeRER as an addition to your CeMAP Qualification
There are still relatively few mortgage advisers operating in this area. If you could get in first in your area, it could be an extremely lucrative area for you. Many of our delegates from our CeMAP training courses go on to study for their CeRER training with us as well.
The CeRER is nowhere near as comprehensive in volume as CeMAP which is why the majority of people choose to do this on a distance learning basis using our easy to follow materials and sample questions. The cost includes FREE support from our training director for an unlimited period. To book this option, please contact us or book below:
Similar to the CeMAP exam registration process, the registration fees for the CeRER exam are payable to the LIBF at an additional cost, which is paid direct to them. Their contact number is 01227 818609.