How to become a mortgage adviser
You can get into this job through:
- an apprenticeship
- working towards this role
- applying for a trainee scheme
Apprenticeship
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.
Entry requirements
You'll usually need:
- 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
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Work
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.
Other Routes
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.
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Registration
- you'll need to register as an 'approved person' by the Financial Conduct Authority
Professional and industry bodies
You could join the The London Institute of Banking and Finance, theChartered Insurance Institute and the Chartered Banker Institute, for professional development and networking opportunities.
Further information
You can find out more about careers in the finance industry through The London Institute of Banking and Financeand the Chartered Banker Institute.