With the deadline for mortgage advisory qualifications at the end of the year applications for exams are hitting all time highs.
New registrations for the Certificate in Mortgage Advice and Practice (CeMAP) have exceeded 2000 every month for the last four months.
Neil Young, Head of the Regulatory and Retail Faculty at the Institute of Financial Services, commented, “we expected to see a ‘bulge’ in registrations in the approach to the December deadline, as advisers realize that time is running out.”
He added, “it is difficult to estimate the total number of people who need to become qualified, however, there can be little doubt that the majority have now registered. Consequently, we will probably see a gradual decline in the number of new registrations from now on.”
With just seven months to go until the deadline, those advisers who still need to register can call the Institute on 01227 818609.