The Right Mortgage & Protection Network has launched an accreditation scheme for advisers who offer their services in the BTL space.
BTL accredited advisers will be designated as those who offer specialist advice in the product sector, and who hold competent adviser status with the network.
To achieve the accreditation the adviser will need to meet a quality metric, as determined by the network, with over 80% file grading throughout their cases.
Roger Morris, group distribution director at BTL specialists Chetwood Financial, is working with The Right Mortgage on this initiative. This included Roger hosting several workshops for advisers last month on this subject.
So far, just under 20 advisers have been awarded this accreditation with maintenance of this status to take place annually.
“Following the success of last year’s later life lending accreditation scheme, we at the network are awarding other specialist product sectors where we can work with our adviser members, help develop their propositions and provide them with a further layer of support and resources,” said Victoria Clark, head of lending at The Right Mortgage & Protection Network.
“We’re therefore very pleased to have launched our BTL Accreditation Scheme which will deliver all this and more to those advisers who meet our criteria for joining, which will in turn be a big impact to this specialism even more so.”
Roger added: “I am honoured to have been involved in delivering the educational aspects of The Right Mortgage’s BTL Accreditation process.
“The feedback, engagement, and overall value have been immeasurable, and I look forward to seeing the increasing benefits this will bring to landlord clients. This initiative sets a new benchmark in professional standards, and I have no doubt that other networks will want to follow suit.”
