New registrations for the course continue to grow
The Certified Practitioner in Specialist Property Finance (CPSP) programme has now seen its first batch of candidates successfully complete their training, mortgage club SimplyBiz has announced.
In just under two months since its launch, a number of specialist lending professionals have achieved a pass grade in the e-learning programme, while new registrations for the course continue to grow.
Launched as a joint initiative from the Association of Short Term Lenders (ASTL), the Financial Intermediary & Broker Association (FIBA), and the London Institute of Banking & Finance (LIBF), the programme includes modules covering bridging, development finance, and specialist buy-to-let. It was designed to provide a definitive and targeted education option for the specialist lending sector.
The @ASTLbridging and the @FIBAUK have announced the official launch of an optional e-learning program that will cover bridging, short term finance, development finance and specialist buy-to-let. https://t.co/TwNef1seEt
— Mortgage Introducer (@MortgageChat) May 18, 2023
“It’s been nearly 12 months since FIBA, alongside ASTL and LIBF, started work on the creation of the CPSP modules, and we were delighted by the warm reception to the programme across the sector,” said Martin Reynolds, chair of the Financial Intermediary & Broker Association and chief executive of SimplyBiz.
“Being part of the journey from the point of recognising the need in the market, through the design of its content and launch, to this stage of seeing the first candidates successfully complete the programme, is hugely exciting.
“I’d like to wish each of them sincere congratulations. I hope these success stories hearten those currently undertaking the training and encourages more specialist lending professionals to explore this relevant and rewarding learning.”
Vic Jannels, chief executive at the Association of Short Term Lenders, stressed that their intention for this accreditation has always been that it should enhance the skill and knowledge used by advisers, lenders and other professionals associated with the short-term mortgage lending sector, with the ultimate objective of benefitting the end customer.
“The cooperation shown between the three parties has highlighted the value of working together towards an important common goal,” Jannels said. “I have no doubt that the enhanced, or re-energised, skill set will provide benefits for all concerned – and especially the end user.”
John Somerville, head of financial services at the London Institute of Banking & Finance, remarked that developing the programme was a major milestone for the specialist finance industry.
“It is with a great sense of pride that we’re able to recognise our first completers,” he said. “We’re looking forward to awarding many more students their digital badges in recognition of successfully completing CPSP. The badges are a fantastic way to demonstrate their specialist knowledge and credentials to customers and colleagues alike.”
Jez Quinn of West One Home Loans, one of the successful candidates of the CPSP programme, said the training was a great opportunity to increase his knowledge in areas he was not yet involved in.
“Whether you’ve been working in specialist property finance for years, or you’re thinking about working in it in the future, this course will give you all of what you need, including being recognised as qualified by an awarding body in an area that is largely unregulated,” Quinn added.
Registration for CPSP is available online through the LIBF website.
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