Level 4 mortgage exam passes reach 1000-mark
20 September 2017
The Society of Mortgage Professionals report that 1,000 advisers have now passed the RQF Level 4 Certificate in Advanced Mortgage Advice.
The CII qualification was launched in Autumn 2014 to provide a logical next-step for holders of the Level 3 Certificate in Mortgage Advice, and only requires completion of the R07 advanced mortgage advice unit where R01 and CF6 are held.
It was designed to enable advisers to diversify their skills into areas such as bridging finance, auctions, financing foreign properties and other specialist types of mortgage lending - putting mortgage and protection professionals on par with their investment counterparts.
“Reaching the 1,000-mark in such a relatively short space of time is testament to the value of the qualification and the adviser community’s desire to voluntarily further their professional expertise,” commented Society of Mortgage Professionals head of operations, Vishal Pandya.
Hazel Bowen, chartered financial planner with Smith & Pinching in Norwich confirmed that assertion: “I passed it shortly after it was launched, to enhance my knowledge and help demonstrate my commitment to being an expert in my field,” she confirmed.
“It has already proven to be a valuable differentiator to both clients and professional contacts. Not only has obtaining it helped me to attain chartered status, it has also given me a broader knowledge of the housing market and enabled me to provide true holistic advice.”
Richard Cohen, director of Worthing-based Nsure is another who recommends the qualification to fellow mortgage advisers: “Even though mortgages are a small part of what I do, I believe in being as qualified as possible,” he stated. “It is 15 years since I gained my last mortgage qualification and the L4 certificate was more in-depth than I envisaged, but well worth the effort.”
