How to become a mortgage adviser
You can get into this job through:
- a college course
- an apprenticeship
- working towards this role
- applying for a trainee scheme
You could do a college course which will give you some of the skills and knowledge to get into a trainee mortgage adviser role.
- Level 3 Extended Diploma in Business
- T Level in Finance
- 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, for a level 3 course
- 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths for a T level
You could train through an advanced apprenticeship as a mortgage adviser.
It typically takes around 12 months to complete through a mix of learning on the job and study.
You'll usually need:
- 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
You could work your way up from a customer service adviser role in a bank or building society, or as a mortgage administrator in a firm of brokers.
You could then move on into giving mortgage advice as you gain experience and suitable qualifications.
You could apply for a mortgage adviser training scheme run by banks and building societies. It will help if you have GCSEs in English and maths, and some relevant work experience in customer service, sales or finance.
You'll need to take a qualification in mortgage advice that is recognised by the Financial Conduct Authority.
You would develop your skills through a mixture of learning on the job, and studying for an industry-regulated qualification through your employer.
- you'll need to register as an 'approved person' by the Financial Conduct Authority