To meet the criteria to be a Buy-to-Let Accredited Adviser, advisers must offer specialist advice in this product sector; hold Competent Adviser Status with the network for both mortgages and protection; and commit to working closely with The Right Mortgage within the buy-to-let space.
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.
The Right Mortgage is working closely with Roger Morris, group distribution director at Chetwood Financial on this initiative. In January, Roger hosted workshops for advisers with a final session held last week along with a celebratory lunch to award those accredited - just under 20 advisers so far.
Accredited advisers will undertake yearly maintenance to remain part of the scheme.
Victoria Clark, head of lending at The Right Mortgage & Protection Network, commented:
“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 resource."
“We’re therefore very pleased to have launched our Buy-to-Let Accreditation Scheme which will deliver all this and more to those advisers who meet our criteria for joining, which will in tern be a big impact to this specialism even more so."
“On top of this, we’re very pleased to be partnering with a true expert in this field, Roger Morris, who will be working with many of our advisers to help outline the full extent of the buy-to-let advice opportunity and how to make the most of it."
“We have accredited the first cohort of advisers into the scheme and expect to add more as the year progresses.”
