About the qualification
Have you considered providing equity release advice to your customers?
The market for later life lending, including equity release schemes is growing – and that’s especially true during turbulent and economically challenging times. Many more customers look to how they can access additional funds to help them through.
By releasing equity in their homes, you can help your customers with goals such as:
- supporting family members
- paying off mortgages or debts
- making home improvements
- paying for ‘once in a lifetime’ holidays, or
- paying for long-term care.
Any mortgage adviser who wants to consider and advise on all the options available to their customers, needs to fully understand those options – including the potential risks as well as benefits.
You’ll develop specialist knowledge to understand different customer needs. You’ll be able to advise on the different types of equity release products and the risks and benefits associated with taking out a scheme.
If you currently hold CeMAP or an equivalent Level 3 mortgage qualification, being qualified to advise on equity release will add to your skill set – and it's only two units to complete to get qualified.
During your studies, you’ll become a Member of The London Institute of Banking & Finance (MLIBF), receiving benefits including careers support and access to professional networking events.