Can You Be A Mortgage Adviser Without CAS (Competent Advisor Status)
What Should You Do After Passing Your CeMAP Exam?
If you've recently passed your CeMAP exam, congratulations! You’ve taken a big step toward becoming a mortgage advisor. But now you're faced with a critical question: What’s next? How do you achieve Competent Advisor Status (CAS) and start building your career in the UK mortgage industry?
In this blog, we’ll explore what to do after passing the CeMAP exam, including a unique approach offered by Connect for Intermediaries. If you're wondering whether you should join a firm or start your own mortgage business, this guide will help you make the best decision.
What Is Competent Advisor Status (CAS) and Why Do You Need It?
Competent Advisor Status (CAS) is a crucial certification that allows you to work independently as a mortgage advisor in the UK. It shows regulators and clients that you’re fully qualified to advise without supervision. However, many new brokers face the challenge of gaining CAS when most firms require real-world experience to award it.
If you're still preparing for your CeMAP exams, you might find Future in Finance helpful, as they provide resources to help you succeed. Check them out here.
Can You Advise Without Competent Advisor Status?
Yes, you can! Thanks to Connect for Intermediaries, you can start advising under supervision while working toward CAS. This approach allows you to gain real-world experience as a mortgage advisor without the traditional barriers.
Looking for a network? Connect for Intermediaries could be your best option. Learn more about how they help brokers obtain CAS without joining another firm here.
How Can You Get Competent Advisor Status After CeMAP?
There are two main paths to achieving CAS:
Join a Firm
Many new brokers work under an established firm where they shadow experienced advisors. This structured route is ideal for those who want the security of a team environment.Start Your Own Mortgage Business Without CAS
If you’re entrepreneurial, Connect for Intermediaries offers a unique way to launch your mortgage business from day one. You can advise clients under supervision, earning while you learn, and building your business as you work toward CAS.
What Tools and Resources Can Help You as a New Mortgage Broker?
To build a successful career, you'll need the right tools. Check out my curated list of recommended software and services here.
Looking for marketing support? Don’t miss out on my FREE Mortgage Marketing Blueprint, which has helped many brokers kickstart their marketing strategies. Download it here.
Why Should You Consider Advising Without CAS Through Connect?
Connect for Intermediaries offers several advantages for new advisors, including:
Supervised Advising
Gain experience while a compliance team supports and reviews your work.Real-World Experience
Work on actual cases with real clients, instead of relying on training exercises.Business Ownership
Start building your brand from the start.Faster Progression
Achieve CAS more quickly than with traditional methods.
For those wondering, what mortgage network should I choose?, Connect’s model is perfect for brokers looking to gain CAS while running their own business.
How Can You Connect With Me for More Support?
Building your career doesn’t have to be a solo journey. Connect with me on social media for daily tips, inspiration, and strategies:
Looking for one-on-one support? Let’s work together! Visit this page to learn more.
Where Can You Listen to the Mortgage Business Mastery Podcast?
For more insights into marketing, sales, and strategies for mortgage brokers, check out my podcast:
What’s the Best Next Step After Passing the CeMAP Exam?
Competent Advisor Status is a milestone every mortgage advisor must achieve, but how you get there depends on your career goals. Whether you join a firm or choose the entrepreneurial route with Connect for Intermediaries, the key is to start gaining experience as soon as possible.
If you’re ready to take the next step, grab your free Mortgage Marketing Blueprint here and start building your brand today!
