Mortgage broker Just Mortgages has opened applications for its first training academy specifically dedicated to new-build lending.
The first batch of brokers will begin their training on 19 July 2021, and there are five places available.
Applicants will need a basic level of knowledge of the mortgage industry and have at least completed their CeMAP 1.
These are likely to be people who are currently or have previously worked in the mortgage industry or those with a background in estate agency or banking.
The academy is a four-week course aimed at elevating the recruits’ knowledge, providing them with the insight they need to be successful mortgage brokers in the realms of new-build.
The training will cover topics such as lender criteria, Help to Buy, and shared ownership.
It will also give the successful candidates the information they need to build relationships with housing associations and property developers.
Just Mortgages will also provide expert training to navigate the systems and processes all brokers need to understand in order to remain compliant.
Three years ago, the Just Mortgages new build division had six advisers; there are now 23, with three joining soon and hopes to have 32 by August.
This training academy is part of Just Mortgages’ growth plans, as the business aims to double in size in the next three to four years, reaching 1,000 brokers by 2023/24.
John Doughty, financial services director, new build division at Just Mortgages, said: “We have seen tremendous growth in new build as of late, and as such we are expanding our new build division.
“We want to attract fresh blood into the business and to do that, we must make sure brokers understand the intricate differences between new build and standard that advisers need to be aware of.
“We are offering a five-star level of training, backed by extensive support to equip these brokers with the understanding and knowledge they need to succeed in the new build sector.”