The Society of Mortgage Professionals (SMP) has said it hopes to see mortgage advisers move on with their professional exams and gain chartered status in the future.
Speaking to Mortgage Solutions, chairman David Thomas (pictured), who’s also joint managing partner of financial planning firm Chadney Bulgin, said: “That won’t happen overnight but it’s certainly a vision. A lot of advisers aspire to that because they want to be the same as their peers in the wealth sector.”
He said the changing complexity of the mortgage market meant brokers were already having to adapt and gain new qualifications to keep up.
He added: “The mortgage market is developing; 20 years ago, it was a bog-standard product, today it’s a complex product across a variety of different areas. It’s a lot for mortgage brokers to understand and they need that guidance and help.”
Speaking on its role in the industry following its recent relaunch, Thomas said the society also wanted to help its members to progress by encouraging the sharing of knowledge.
As part of this initiative, it recently published its latest good practice guide which focused on bridging finance and suitable exit strategies.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS