How to Become a Mortgage Adviser in the UK! 🇬🇧

#mortgagebroker #mortgageadviser #ukmortgages
Come and join my new Facebook group all-around helping young adviser start there journey with CeMAP - / 287170165893285
This is how you can become a mortgage broker! Its a tireless job but has many rewards!
can you see yourself being a mortgage adviser? Comment below!
If you enjoyed this video then you definitely need to check out this video I did on the day in a life of a mortgage broker: • What Does a Mortgage B...
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(your home may be repossessed if you do not keep up with payments on your mortgage)
Please feel free to drop a comment below or direct message if you do have any questions.

[@kc5084]

That video sums up everything what you need to know when or before you start perfectly.

[@GaryDas]

Thank you!!!

[@jokeyreid2748]

This video was magnificent. The amount of detail and insight was great for folk trying to break into this field. There is so much more to this than I realised. Well done and good luck

[@GaryDas]

Glad you enjoyed it!

[@jokeyreid2748]

Gary Das mate I’m watching a lot of your videos up here near Glasgow. These videos deserve to be reaching a massive audience. They are top class in my opinion

[@deankushin-lifecoach7778]

Great job, very informative. I was an IFA a number of years ago and did a fe mortgages here and there. I’m considering setting up a mortgage advisory business so this was a fantastic reminder of the basic outline around the job in hand. Many thanks

[@GaryDas]

Glad it was helpful!

[@toundavidson9917]

Thanks for this video. Quite helpful. Impressed.

[@GaryDas]

Glad you enjoyed it!

[@sibudas7666]

Great videos, liked your videos straight away, thanks.

[@GaryDas]

Thank you

[@rachelleabaca]

im considering this career option and your video was so informative! Thank you so much, great job

[@GaryDas]

Glad it has helped you!

[@GaryDas]

Ive started a new community for others just like you, come and join us facebook.com/groups/287170165893285

[@Avdarmaly]

3 years later. Any update on your career?

[@bennymarshall1320]

Great talk! Really helped me appreciate the role.

[@GaryDas]

Glad to hear it! Thank you

[@thomasstorey8934]

I have to respect everything you do to help mate. I spoke to you earlier this year about doing cemap and I have started studying at home, I’m doing it in my own time. I’m getting along well and surprising myself. You always give me confidence and for you to take the time out of your day to post these videos to help people, you’re a top man! Thank you

[@GaryDas]

Much appreciated, thank you for saying. If you have any questions let me know on my instagram.com/garydas or in comments because then i can do more videos!!

[@thomasstorey8934]

@@GaryDas brilliant! No worries at all, anything I can do to help🤙

[@Avdarmaly]

2 years later. Did you manage to become a mortgage advisor?

[@rosshamilton7519]

Great video Gary. I’ve been stuck in IT industry for a few years now, money & hours are good but I hate it. At 27 I feel like I need to make the change now or I never will! This video has given me great insight on how to get the ball rolling for a career change into something I’m more passionate about! There seems to be quite a few trainee roles in my area, hopefully still be some around once I’ve completed CeMAP🤞🏻 Shame none offer a traineeship alongside your studies. Keep up the good work👍🏻

[@GaryDas]

Thanks Ross, estate agents tend to be a great place to start to get the initial training and knowledge. We will have a training scheme soon for newer advisers once they have gained CeMAP

[@GaryDas]

Want to generate more leads and increase your sales but not sure how? Register for my next FREE training here: bit.ly/GD_FREE_Training

[@jessicaryan4958]

I’m considering this career option after years of direct tv sales presenting & and the host is awesome , thank you for uploading 👍

[@GaryDas]

Go for it!

[@Avdarmaly]

Did you manage to become mortgage advisor at the end?

[@ranasheraz4337]

Great video , very informant buddy. From chelmsford too

[@GaryDas]

Glad you enjoyed it 🫶

[@GaryDas]

Want to generate more leads and increase your sales but not sure how? Register for my next FREE training here: bit.ly/GD_FREE_Training

[@salehahmadnaim2834]

Thank you so much..

[@GaryDas]

You're most welcome

[@gokux7856]

I’m thinking of this as a new career ,43years old . Been out of work for a while and this is a total 180 to my current career and I’m bricking it 😂.

[@GaryDas]

Accept that 12-24 months is a steep learning curve and low income

[@rsla2485]

Thank you for this video. I’m very anxious about going for this a career. Im working at pensions administration at the moment, while completing my business degree at the moment. But I’m hoping I can make it.

[@GaryDas]

You got this!

[@takilove3566]

Your AmaZing thank you so much

[@GaryDas]

You're welcome!

[@sanjeevkumar..mortgageadvi9797]

Sir I will definitely become mortgage broker.... And I. Love it

[@GaryDas]

Awesome

[@Avdarmaly]

Did you manage to become mortgage broker?

[@daltonastbury5568]

Thank you for the information and great video! I would like to ask, would you recommend an apprenticeship if that’s possible to work aswell as doing the qualification. And would you recommend going to uni before doing the qualification or to go onto the course just after college.

[@GaryDas]

Apprentice can be a great way to get in to a brokerage to get experience. Qualification i.e. uni etc dont mean anything to me when looking for someone who can be a broker

[@stevemayes1691]

Hi Gary Great video. I've been in retail for 20 years and achieved great success. I'm now looking to become a mortgage advisor to gain a better work life balance. So brokers are a no as well as estate agents as you say. So where would be best to get a mentor and practical training? So I can start my career right and smash it. Thanks Steve

[@GaryDas]

Hi Steve, thanks for the message, let me say first. Work like balance doesn't come easy and can take some time, as you develop and grow there will be times in your journey when you will have no balance. That being said once competent which can take 12-24 months then work-life balance could be achieved, but there are many components to that. For your question best place to get training, you need CeMAP or CII and then i suggest finding a local brokerage or estate agent who will train and support you!

[@nitikaraheja7817]

Thanks Gary! Great informative video. What's your take on getting into Mortgage broker business on a part-time basis (having a full time job). Can this be done to start with? Thanks

[@GaryDas]

Yes, I know a few people who started as a Mortgage Broker on a part time basis but be aware it is a very time consuming role!

[@Avdarmaly]

Did you manage to become mortgage broker?

[@ThomasSmith-zh7rl]

Great video! I see videos on YT talking about Being a mortgage loan officer/advisor as a side hustle...Is that even possible in your opinion? To just have it as a side hustle where you pick and choose projects through a commissions based brokerage?

[@GaryDas]

Very much depends, I know brokers who have done a PT job whilst getting starting and building up to being full time. I personally like to go all in and do a proper job which you can only do if you are 100% dedicated

[@gtyson0100]

Hi gary, great video, am considering doing my qualifications very shortly and was wondering what you would advise is better? The fast-track courses that only take a few weeks or the online courses in which i teach myself? Thanks

[@GaryDas]

It depends how best you learn. Check out simply Academy and Paul archer.

[@simonb2008]

Hi Gary I came across this video and felt it helped a lot in aiding my decision. I'm coming from the motor trade and feel like a career change is required to move forward. Would you advise going for a trainee role? I have seen a few trainee mortgage advisor roles local to me

[@GaryDas]

Its a great way to get started for sure. If you can get Cemap on your own it will be a great help to kick things off!!

[@goodchoices_fit]

Awesome video Gary. I have subscribed, your channel will grow quickly no doubt. I was hoping you might be able to give me some insight. I have a Bachelor of Finance and a Masters of Business, but I have no actual real professional skills. I have been looking into doing my CeMAP qualifications. How realistic is it for me to assume once I have completed those qualies that I can get a job for a decent/good company to get good mentoring and work as a junior mortgage advisor or something? Or would you recommend working similarly to what you did and doing the qualifications whilst working in the business? I am 23, two degrees, no real qualifications ( I have HR ones but I feel that sector is not for me) and I am currently working as a financial assistant in Paris (A glorified phone monkey getting leads for advisors through cold calling). Its good experience but not what I want to do at all. Cheers.

[@GaryDas]

Thank you for the comment, I have just started a new Facebook group for others just like you. I am going to do a live next week on this since you asked the question! Come and join me in there - facebook.com/groups/287170165893285/

[@Pilson93]

Hey, I can’t get that link to work. What’s the fb group name? so I can’t search it on the fb app to join

[@tommooney5984]

Hi Gary, thanks for your video was very informative and helped me understand in better detail what a mortgage broker does. I’ve been looking to get into the industry for a while but when looking for jobs even as a trainee/junior they already ask you to have at least 12 months experience in the role. Do you know of any good startup schemes offered by companies? Thanks again for the video mate.

[@GaryDas]

Not in the current climate i am afriad, your best bet is to get Cemap or equivalent and then search for local jobs. Look at estate agents, Just Mortgages or New leaf

[@tommooney5984]

Gary Das I thought as much tbh, thanks for the reply. Look forward to more videos in the future.

[@edmarmac6092]

Hi Gary thanks for this vídeo. Is it true that all mortgage broker get paid only on commission basis?

[@GaryDas]

If Self-employed yes because you are SE. If you are employed then you usually get a basic + commission.

[@dilsharanpanesar4953]

Hey, thank you for this informative video, so after my CeMap I need to work somewhere to get experience before I can become a self employed mortgage advisor /broker?

[@GaryDas]

There are companies out there that will support you and train you as a self-employed person. New leaf or Just Mortgages, however, it is a massive uphill curve and the learning phase takes about 12 months minimum, personally, I think you should start employed to have the right support through the hardest part of the job - the first 1-2 years.

[@dilsharanpanesar4953]

Thank you very much for your reply. I will look into employment as a first step before going self-employment. Many thanks

[@andreeaioana2600]

Hi, congratulation for this great video and thank you for the information. Do you think it will be ok to do a CeMAP course now as I am studying Business Studies, level 3, or it will be better to wait to have my Bachelor Degree first? I have some experience in customer service, basic accounting and worked in Insurance. Thank you in advance!

[@GaryDas]

Yeah do it now if you can handle the both of them, Business studies and Bachelors will not help you with CeMAP in anyway. Even CeMAP will not help you with doing the job of a mortgage adviser. There is no practical element to the exams and the job is completely practical and required mentorship for a minimum of 12 months

[@andreeaioana2600]

@@GaryDas thank you very much for the reply! I will gather more info on how to find a mentor, I know is hard work, everything is, but sounds interesting to do this work and help people. You can’t imagine what experience we had with mortgage advisors. Not even listening the details and gave the outcome: not possible. Until now it was the Covid, now is the Brexit 😩

[@sophieokonji8465]

Hiya Andreea, I am also studying business studies at university and wondering if i should start my CeMAP course now as I am approaching the end of my final year. I'm very interested to know what option you decided to choose and how it went for you personally:)

[@diegomeireles5124]

Hi Gary !there is a website where i can download the material of the 3 modules ? Do you recommend apply to companies who offer to pay the Cemap while i work ? Or its better start to search for a job after finish the course ? Thanks

[@GaryDas]

If you google Cemap course work or go to the IFS website you will find it. Good luck

[@shannonwoods3338]

Hi, wonderful video thank you for all of the information. I was wondering, if I worked employed in a company to build up experience for 2 years and then decided to go self employed, would I then need a mentor to sign off? If so where would I find someone who could do that for me? I wasn’t sure if you meant just during your first couple of years or indefinitely. Thanks

[@GaryDas]

If you do a couple of years in an employed role and get really good then you could go self employed with enough experience. A mentor is optional Shannon, and if its something you want I can most certainly help you!!

[@itsmelou230]

Hi Gary, I’m only 23 y.o and currently doing CEMAP at the moment with few experience (corporate and retail bank) as just finished uni with finance degree...what’s your advice for the next step after achieving cemap certificate?

[@GaryDas]

Hi Louise, you have 2 options to gain Cemap - self-study and sit the exams when you can or look up online Simply Academy or future trend where you can do a 5 to 10-day intensive course and then sit the exams. Come and join my community on Facebook to, where i can help you more directly facebook.com/groups/287170165893285

[@martinjamesmix]

A very informative and interesting video I am also based in Chelmsford. I'm a 54 year old city broker with 20 plus years in commodities. In Jan of this year I was put on garden leave and now looking to change careers. I have always had an eye on the mortgage advisor role, so this is a good insight your world. Can you tell me Gary, is equity release a good avenue to go down ? Cheers

[@GaryDas]

Thanks for commenting, the industry is superb and equity release with the size of the baby boomer market is fantastic opportunity

[@ryanrobinson7243]

Thanks for the video. I'm 18 and considering to become a mortgage advisor as every job seems to be stressful so I decided to aim for a job that's rewarding. Would you advice to go to uni or just get the CEMAP qualification. If uni what subject should I study in?

[@GaryDas]

The CeMAP qualification, I didn't go to uni. Also I have just started a new Facebook group for new broker looking to get into the industry. Come and join me in there - facebook.com/groups/287170165893285/

[@ryanrobinson7243]

@@GaryDas I'll definitely join and thanks for getting back to me with the info

[@zaink7037]

@@ryanrobinson7243 ill be honest with you Ryan. I did a degree and just finished a masters related to medical sciences. I'm looking at medical / clinical scientist jobs but due to what's been going on I feel this has made it more difficult for me. I started looking into this career as a mortgage advisor and it seems to be more rewarding compared to this career I was looking at. There's no change in role just you get experience in the role then can see from there, could probably get a better mortgage for yourself when you get your own property or like me I'm thinking of getting into property investment so that would definitely help plus the salary increase over the few years is mad if your on target. Compared to probably having to work near 10 years in the scientist area to be earning just shy of £50k. This path doesn't look bad to be honest but I feel main thing is if you start out try and find someone who you can do work experience with or might be able to take you on as a trainee. I feel that's the hardest part trying to start out in the career

[@bender6942]

Hi Gary, been working in commercial banking for 5 years now and thinking of making the switch but every job ad that I see specifically wants experience in mortgage advice/insurance advice. Is there any way to overcome these barriers? I don’t want to fork out thousands on the cemap if I can’t land a job...

[@GaryDas]

Contact every firm locally to you and ask if they will take you on if you get CeMAP

[@sufyaanahmed6689]

Hi thanks for your video, very informative indeed. I’m considering doing my CEMap qualifications however I’ve read that if you have a bad credit history, this will stop my chances of getting a job as a broker or even getting the qualification in the first place. I just wanted to know whether or not this is true? And if so, is there any way I can still become an advisor? Thanks in advance

[@GaryDas]

It depends on what bad credit you have had and how long ago. Over 6 years ago would not show on your credit report. Best bet is to get an job with a firm and then develop and grow with them

[@michaelwilkinson4796]

Hi Gary, I've found a pair of flats that I'm interested in purchasing as a first time buyer. I intend to live in the bottom flat and rent out the upper flat; would I be able to purchase this under a typical residential mortgage or would I need to apply for a BTL mortgage? Thanks

[@GaryDas]

Hi Michael please reach out to my team at www.active.mortgage or on 01245 850165. It will be a pleasure to help you.

[@SuperKoreanzombie]

Gary, if I completed Cemap- does it cover any actual ‘forms/ applications’, when I did car finance via LIBF, my biggest complaint was that it only covered FCA rules & regulations, products and customer service. But there were no real world applications at all. Thanks

[@GaryDas]

The exams teach you nothing about real world application of the job. They are the same exams i did in 2003 and they are irrelevent to be honest. But you need them to get a job

[@SuperKoreanzombie]

@@GaryDas Thanks for the solid advice Gary. Gary, I’ve been working in my family business (food industry) for many years and only just set out in my mid 30s. Currently in sales for past 2 yrs. is that too late to get into mortgage advising from your experience- providing I past my cemap. I understand one would need around 2 yrs on an average salary before things progress (mentoring period) - but considering I’m in my mid 30s, I know most companies would prefer to take on people in their 20s ie uni grads etc What’s your thought please. I’ve heard from a friend who works in financial services that it can be quite lucrative once you’re competent enough to go self employed- although I’ve heard it comes with a lot of headaches and costs too. Thanks

[@eediyatskengman9778]

Hi Gary, is there anything you would recommend to do for those 18 and under who are studying, such a way to gain practical experience or a similar type of role that has transferable skills to the mortgage industry?

[@GaryDas]

Hey - join an estate agents or mortgage brokerage in the admin team, something like that.

[@zamanahmed7453]

Hi Gary, Is it worth pursuing a career as a mortgage advisor, if you have adverse credit history? or would it prove just too difficult to enter into this market.. Thanks in advance.

[@GaryDas]

Thanks Zaman, it will depend on what the adverse credit history is, your best bet is to find a local firm and aply for some jobs.

[@zaink7037]

Hey Gary, can I ask what company do you recommend to do the CeMAP qualification from? I did a degree and masters in science and feel the scientist roles I was looking into are okay but due to whats happening with CoronaVirus and that there's that insecurity of redundancies due to labs closing plus the longer career progression I feel the mortgage advisor jobs seems like a good pathway to take and that I have gained transferable skills from my qualifications for this job.

[@GaryDas]

Hi Zain, IFS or CII - just google CEMAP and there are plenty of options out there.

[@zaink7037]

@@GaryDas thank you Gary. I sent a request to your Facebook group. Don't know if you received it. I think I'm gonna stick to getting the course from the 'London Institute of Banking and Finance' as its generally this company which awards it plus other places ive seen bad reviews of people not getting their online package

[@GaryDas]

@@zaink7037 I recommend a fast track course with a company called future trend, who are superb.

[@zaink7037]

@@GaryDas thanks Gary, ehhh it comes down to my budget and the whole course is about £250 over my budget. Funnily enough the examination centre is in Enfield which I live in so is local

[@GaryDas]

good luck!

[@swony_grg]

Hi gary! I am searching for cemap courses online and I do have some websites shortlisted which are e-careers,future trend training academy and libf.Can you recommend me which one does the best course please? I would really appreciate it.

[@GaryDas]

Hey all are great, i prefer Future trend and simply academy, thats who most advisers i know rave about!

[@mosalahfc5146]

When you are self employed do you get clients from the company that has employed you or do you have to get your own clients ?

[@GaryDas]

Depends on the company you work with. We provide majority of the leads to our SE advisers. And we also have some that do not want Active leads.

[@mosalahfc5146]

@@GaryDas thank you for replying . Is doing a CEMAP course hard and after I decided to do it and completed it what would you suggest I do ?

[@jan80808]

Hi Gary great vid and great insight. I work as a credit underwriter but would like to get into mortgages and eventually become self employed in this field. One thing that I can't seem to find information on is a mortgage brokers revenue streams?

[@GaryDas]

Thank you for your comment - I might make a video on this and run it by the team! Make sure you Subscribe so you don't miss it! 😊

[@jan80808]

@@GaryDas already subscribed bud

[@GaryDas]

@@jan80808 Thanks buddy really appreciate it!

[@jakubniepsuj859]

Hi Gary. Great Video :) Just a quick question if you do not mind: I'm considering going DA and looking for a Mortgage and Protection Club that will support me with FCA Application and further post-authorization matters like compliance and access to lenders and providers. Would you be so kind as to advise me which Club is the most comprehensive that you could recommend? Much appreciate your assistance. Best Regards, Jacob

[@GaryDas]

Hi Jakub, you should not be going DA without being an AR first, I hope you have vast experience in being a broker with a variety of backgrounds and as an AR first. With regard to compliance clubs - you can speak to any network and they generally have a DA arm... TMA, Paradigm, Simplybiz, The right mortgage club

[@jakubniepsuj859]

@@GaryDas Hi Gary, Much appreciate your reply. Regards, Jakub :)

[@planetdata5020]

Is it possible to get the training and jump straight in as self employed ?

[@GaryDas]

I know lots of people who have an earn an average income as a result. It’s a bloody hard job isn’t a lot of learn and trying to figure it out without support and guidance for a couple of years is risking failure!

[@shyamlimbu9680]

That’s great information i think about to do this job but how long experience to be come to mortgage advisor !

[@GaryDas]

You can gain the examinations very easily however to become an experienced broker you have to deal with a number of cases from a variety of client types. If you are speaking to 1 client per day 5 days per week then realistcally a year gives you a good footing but 3-4 i think to become exceptional

[@elijones5174]

Hi, I’m 17 and just finishing my first year of collage which I’m not too keen on and I want to do a cemap course, do I wait till the end of collage or can I take it now? Do I have to be 18?

[@GaryDas]

Why not start now... those who train more than others (smarter to) get bigger results

[@hmikey5680]

So how do you get a mentor when you are a self employed?

[@GaryDas]

Find someone who is where you want to be and has the mindset/skills you would like to learn - then ask them to mentor/coach you. Or do what i do, which is buy all their stuff!

[@megangould2927]

I need help! I’ve paid for the CeMAP self teaching myself and paid for the exams which I now have to take and pass by the end of the year but I’m struggling. I’ve been doing this since October 2022 and I just can’t get my head to retain this information and I’m panicking that I’ll fail the exams and have to pay to retake

[@GaryDas]

Sorry to hear that. Check out Simply Academy or Paul Archer… they are both people/companies that teach cemap. Alternatively maybe cemap and advising isn’t for you!

[@neiloneill347]

Can you become a mortgage advisor with defaults on your credit file?

[@GaryDas]

It depends, it could be possible depending on the firm, every company has a different idea about whats acceptable

[@PranPs4Gamer]

Hello I am 18, quick question I want to apply for university next year and does CEMAP include any ucas points ?

[@GaryDas]

I have no idea, I would assume not!

[@niralipurohit2670]

Hi Gary, Thank you so much for such brief and Detailed video, I am really interested in proceeding with CeMap Course but when I search on google it shows me London Institute of Banking and Finance. But this college has 1 year of course for what you explained here. Can you recommend me something please. Your time and Help would really make a difference in Deciding what is best for me. Thank a lot once again on fantastic Video. Kind Regards Nirali

[@GaryDas]

Sorry I dont understand the question.

[@KelvincheMorales]

I think it's called LIBF now

[@aheadoftime6964]

Hi Gary I’m looking to pursue this career of becoming a mortgage broker. I am on my last year of secondary school would you advise to do an apprenticeship at a estate agency and gain inside knowledge until I can do my cemap when I’m 18 or do I go to college and do a levels in business or something like that

[@GaryDas]

There are mortgage brokerages that take on apprentices, if you contact every estate agent or brokerage in your local area it is a great place to start

[@ycli2181]

I am not thinking of become a adviser but wanna be the adviser just for myself and manage my portfolio. Can I apply mortgage for myself and worth to do it ?

[@GaryDas]

Some lenders will allow you to do mortgages in your own name for investment.

[@justlaugh6634]

@ycli2181, I wanna be mortgage advisor for exactly same reason but I am not sure it's worth it. I heard you need to register with FCA and fees is £2500.

[@D97mgtow]

When I complete my CeMAP can I work for you?

[@GaryDas]

Unfortunately not we do not take on trainees within my brokerage. The type of clients and deals we work with are too complex and take years to learn. Your best bet is to look at estate agency as a means to get training.

[@D97mgtow]

@@GaryDas thanks for the advice, will do.

[@JT-ii9zg]

Can you still become a mortgage advisor with a poor credit history?

[@GaryDas]

Depends on what poor credit, for how much and how long ago.

[@FightnWin]

I wonder if this could earn me my UK residency.....

[@GaryDas]

That i have no idea on!

[@GaryDas]

Want to generate more leads and increase your sales but not sure how? Register for my next FREE training here: bit.ly/GD_FREE_Training

[@salehahmadnaim2834]

Can you help me about my mortgage

[@GaryDas]

If you need help with a mortgage you can go to my firm www.active-financial.co.uk

[@jigerkijeet]

I really want to become cemap qualified. Let me know if anyone in UK can provide me an opportunity to work for them. I have very good accountancy knowledge and business sense.

[@GaryDas]

Will do!

[@jigerkijeet]

@@GaryDas thank you sir. Please confirm you business contact details so that I can contact you. Best regards Satbeer

[@GaryDas]

You can get in contact via our website www.financial-pro.com