The mortgage industry is going through many twists and turns as well, but after after every event or action (such as the recent crisis in subprime lending) of industrial dust down and it gets the job in hand, often stronger than before.
The beauty of this industry is that no matter what course of events will always need a mortgage broker. The problem is that there simply is not enough to go around and brokersthat is causing a major headache for the Government and despite their efforts to publicise this and offer various incentives, the UK is still vastly undercovered in terms of professional mortgage advice.
The reason I stated earlier that this industry is recession proof can be backed up by the following:The more demand for home ownership in a booming economy, the more demand for mortgage advice
If there is a recession and people dont move house, they will remortgage to Improve their properties - another case for mutual professional advice.
If there is a recession and people due to the use of credit cards and defaulting on them or other loans - a mortgage broker can help them refinance their debts.
So you can see that regardless of where we are bankrupt in terms of boom and there is always a need for the services of a full, licensed mortgage broker. The problem is that in the UK there are manyof courses which advertise how you can become authorised or compliant but there are not any courses that can tell you how to actually set up your business. How to start finding clients? How to market your business? Which part of the market to concentrate on?
Becoming a mortgage broker could be potentially the best career dec.ision you will ever make as the financial rewards can be significant with remuneration in the region of £100k per annum the norm, not the Exception. Capital Mortgage Solutions we have first hand experience to build a successful business and then sell and, of course, at that time we won a very nice income from the business. To take from people who have experience of mortgage brokers to be - can be very profitable, and as noted above, where the industry is withering away of new recruits.
Capital Mortgage Solutions we have been trying to fill the void, but we also needthe industry as a whole to take up this issue of lack of professional resource currently available. Don't delay, look into it today and change your life forever.
