Director of mortgages and finance for Bradley Hall, Lewis Chambers, covers why it's important for experienced brokers to develop the skills of the next generation of mortgage advisors.
In the current market there are an excessive number of lenders, an abundance of mortgage deals and ultimately what seems like an endless number of hoops for applicants to jump through to get the best deal for them in all honesty, the market is a minefield.
Factors that need to be considered include the initial interest rate, any introductory offers, the rate beyond the fixed period and potential product fees. It is easy to use a price comparison table to find the cheapest current rate on the market, you may apply to a particularly attractive looking deal without realising that there are specific criteria for the deal that you do not actually meet.
It’s not surprising that many buyers, whether they be purchasing their first home or moving, rely on mortgage advisors to handle the process – ultimately saving them both time and money.
The overall aim to meet current demand for housing, as outlined by the Government in official documents, is to build dozens of thousands of new homes every year; which means that the vast majority of these new homeowners will require mortgages.
As a mortgage is the biggest financial commitment you will likely ever make, it is imperative to ensure that you are getting the mortgage advice, which is exactly right for your personal circumstances, from an expert.
In line with demand for mortgages growing, so is the need for trusted and committed new mortgage brokers. We have certainly experienced this requirement and have developed our commitment to supporting the next generation of mortgage experts.
Since the launch of our specialist mortgage team in 2016 the team grown significantly, and we have been able to supply hundreds of people with mortgages on a national scale. We are dedicated to training the next generation of mortgage experts in order to continue providing an unrivalled service to more and more clients across the North East and further afield.
We understand the importance of investing our time and in training for the team. This not only provides personal and professional development for the individual, but also helps us to provide the best in class.
Most recently, we welcomed young mortgage and property consultant Carney Frater, who is recently received her level four CeMap which makes her a fully qualified advisor. We are also investing in constant development and training for our advisors and case handlers to ensure our entire team is educated to the highest standard.
For more information please call the Bradley Hall Mortgage team on 0191 260 2000
