Mortgage & Protection Adviser

  • Job Reference: 1007
  • Date Posted: 2 October 2021
  • Recruiter: Independent Resourcing Consultancy
  • Location: Lytham, Lancashire
  • Salary: £25,000
  • Sector: Financial Advisers, Other Financial Services Jobs
  • Job Type: Permanent
  • Contact: Jon Minns
  • Email: jon@cf30.co.uk

Job Description

IRC is delighted to be recruiting an experienced Mortgage & Protection Adviser on behalf of our client, a well respected provider of Independent Financial Advice and Mortgages close to Lytham, Lancashire.

As a mortgage adviser, you'll need to:

  • find out about your client's financial situation, including what their monthly expenditure is
  • explain the different types of mortgage and offer products for your client to choose from
  • assess which type of mortgage is most suitable for each client
  • make sure your customers can afford what they're borrowing, not only now but in the future, in the event that interest rates go up or their circumstances change
  • explain about repayments and mortgage protection
  • advise on and sell related financial products, such as buildings or life insurance
  • offer some general advice on the home-buying process
  • deal with mortgage lenders, estate agents, and valuers
  • keep up to date with new mortgage products and changes in mortgage regulation
  • respect your client's right to confidentiality
  • follow strict industry rules and guidelines and ensure you give impartial and appropriate financial advice
  • understand the FCA regulatory requirements and ensure you meet these
  • fully cooperate with any enquiry or investigation from the financial ombudsman should things go wrong, and a client uses their right to protection.

Working hours

38 hours flexible work pattern a week. But bear in mind it's common for the job to involve some evening and weekend work, as you have to fit in around clients' schedules.

What to expect

  • You may be office based or work from home.
  • Frequent local travel may be required for visiting clients, especially for initial consultations, though much of your subsequent work can be carried out by email, phone or text.

Qualifications

To become a mortgage / protection adviser you must successfully complete the Certificate in Mortgage Advice and Practice (CeMAP) course. This Level 3 course is approved by the FCA and is sought by employers as the industry standard.