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Mortgage advisers help people to choose a finance deal which is right for them when buying a property.
You could work: evenings / weekends / bank holidays; as customers demand
As a mortgage adviser, you would:
You could work in a contact centre, in an office, at a client's home or at a client's business.
You can get into this job through:
You could do a college course which will give you some of the skills and knowledge you need to get into a trainee mortgage adviser role.
Courses include:
Once working, your employer may put you through mortgage advice training.
Entry requirements for these courses vary.
You could apply to do a Mortgage Adviser Level 3 Advanced Apprenticeship, or Financial Adviser Level 4 Higher Apprenticeship.
These take between 1 and 2 years to complete. They combine training on the job and study with a learning provider.
You'll usually need:
You could join a bank or building society as a customer service adviser, or a mortgage administrator in a firm of brokers.
You could then move into mortgage advice, as you gain more experience and complete relevant qualifications while working.
You could apply to take a qualification in mortgage advice that is recognised by the Financial Conduct Authority (FCA). There are several qualifications available, such as the:
Once you've completed your training, you will need to be employed by a company that offers mortgage advice services. You'll work under supervision and be assessed in order to achieve competent adviser status. This is needed to register with the FCA as an 'approved person'.
You'll need to:
The salary on some job adverts may include a figure for on-target earnings (OTE). This relies on meeting individual or company sales targets. In cases like this, you should check what proportion of the salary is made up of OTE.
You can find out more about careers in the financial industry through Walbrook Institute London.
With experience, you could manage a team of mortgage advisers, or you could choose to become a self-employed independent adviser.
You could also take further training to become a financial adviser, offering guidance on insurance, pensions and investments.
You may wish to use your skills to work in the wider property sector, for example as an estate agent or licensed conveyancer.