Advisers breaking on through, says ifs

Increasing numbers of advisers are breaking into the commercial mortgage arena, according to the ifs School of Finance.

Advertising

The financial education provider has seen a steady increase in the number of advisers taking the Certificate in Commercial Mortgages qualification.

Mark Roberts, head of financial regulation for the ifs School of Finance, said: "Advisers should not be put off by tales of doom and gloom in the buy-to-let sector following the credit squeeze because while the amateur buy-to-let investor may well have had his day, professional investors with large property portfolios appear to be doing very well indeed.

"It is not rocket science, fewer home buyers equals greater demand for rental properties which in turn produces rising rental income and greater profits for these types of investor. Put simply, it represents a good business opportunity for commercial mortgage advisers."

Steve Olejnik, head of buy-to-let and residential sales for Kent-based commercial mortgage adviser Mortgages for Business, said: "We have seen an increasing appetite for commercial business and a lot of professional landlords are now looking at commercial investment.

"It is good news there is more of a demand for commercial advisers who can back up their skills with a qualification."

FTAdviser BLOGS RSS

Latest Post  

Forecasts - few and far between

For the last few years, on a Wednesday, my email inbox has been packed with Bank of Englan... read more

SIGN UP TO NEWS ALERTS