Mortgage products rise 108% in two years
28 July 2017
Recent research conducted by Mortgage Brain shows that the increase in mortgage products available on the market has risen to 108% over the past two years, meaning an additional 5,172 products have been introduced into the UK mortgage market. The figures have also shown, that in the last 12 months, product availability has risen to 9,973, a large increase of 48%, with by-to-let mortgages having seen a sizeable increase in the same period, rising 149% since June 2015.
The increase in mortgage product availability is great news for mortgage advisers, as they will have a lot more variety to offer both new and existing clients, and because of this, their expert services will also be in high demand. Qualified mortgage advisers have the knowledge and skillset to ensure they can provide the best mortgage and protection packages to suit their individual clients needs and specifications. With such a high volume of products to choose from, entrusting a mortgage adviser with finding the most suitable option will always be the right choice, and with such a huge rise in available products on the market, mortgage advisers are now in more demand than ever.
Do you want to become a mortgage adviser? It isn’t as hard as you may think, and will open the door to a whole new career path where the sky is the limit. For more details about gaining a CeMAP qualification, simply get in touch with our friendly student support team on 01279 874 430 or visit the CeMAP web page for more information.