Inspite of the recently publicised issues, Mark Roberts of the ifs School of Finance confirmed that there has still been a substantial number of people registering for CeMAP exams. The report says that about 80% of the mortgage advisors choose to take the CeMAP examinations, as it is a legal requirement.
The number of mortgage products has reduced to 3000 from over 15000 products; maybe surprising news for many people. However, Mark Roberts believes that many people are struggling to get the products, hence a mortgage advisor would serve an important role.
The Association of Mortgage Intermediaries confirmed that there has been around 10% rise in the use of mortgage advisors for their first time buyers compared with 2007, and there is a similar rise in the re-mortgage market as well.
The number of mortgage products has reduced to 3000 from over 15000 products; maybe surprising news for many people. However, Mark Roberts believes that many people are struggling to get the products, hence a mortgage advisor would serve an important role.
The Association of Mortgage Intermediaries confirmed that there has been around 10% rise in the use of mortgage advisors for their first time buyers compared with 2007, and there is a similar rise in the re-mortgage market as well.
2007 has been a record year for the registration for the CeMAP exam. On the other hand 2008 there has been a slight fall in the first half of the year but if the second half continues at the current rate then 2008 will also be a highly successful year.