B&C has also been told that the training programme has received 326 registrations to date, with more in the pipeline.
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The joint initiative between the Financial Intermediary and Broker Association (FIBA), Association of Short-Term Mortgage Lenders (ASTL), and the London Institute of Banking & Finance (LIBF) introduced its training programme to raise educational standards within the specialist property finance industry.
The optional e-learning programme — covered in the Jan/Feb B&C Magazine — provides training on bridging, development finance, commercial lending and specialist BTL, and has been in the making since October last year.
The 45-hour long CPSP promises to consolidate and build its participants’ specialist property finance skills and knowledge to help them work more effectively with brokers, lenders, solicitors, and valuers.
The course is expected to take approximately six months to complete — however, almost 50 candidates have already been successful in receiving the certification.
Vic Jannels, chairman at the ASTL (pictured above), commented: “We are continually delighted to learn that CPSP registration numbers are still increasing and that successful candidate numbers are racing towards the 50 mark.
“These growing numbers are testament to those in the mortgage sector who recognise the additional credibility this will bring in their relationship with their clients.”
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