Does anyone wk from home and earn money??

MortgageMamma

@ feisty and mountainofdebt

which bit do you want to know about, how to qualify as an advisor or how to find jobs selling insurance etc from home?

rainbowrisin

MortgageMamma wrote:

@ feisty and mountainofdebt

which bit do you want to know about, how to qualify as an advisor or how to find jobs selling insurance etc from home?

and me, and me, please:D
I'd be very interested in how you qualify as an advisor initially, but also any basic information on how you go about getting into selling insurance - i don't have a financial products background at all (although am fairly financially literate, have experience of basic accounting and selling, so would hope some of my skills are transferable) so really wouldn't know where to start.
Any advice gratefully recieved. Many thanks in advance.

[Deleted User]

Me too please, I'd love to know how to qualify to become a mortgage advisor!

Dan29

I've been doing matched betting from home for 7 months. I haven't had much free time to do it recently but you can easily earn £100 a week for an hour a day. There's a whole board about it on this very site!

Feisty_Fairy

MortgageMamma wrote:

@ feisty and mountainofdebt

which bit do you want to know about, how to qualify as an advisor or how to find jobs selling insurance etc from home?

Hi MortgageMamma, any info you have would be great, epsecially on the mortgage broker side of things.
Thanks!

MortgageMamma

Well you have to take an exam called CeMAP (Certificate in Mortgage Advice and Practice) which is arranged through the institute of financial services here is the website

http://www.ifslearning.com/home/default.cfm

The exam is a home study course where you learn from books and online literature, (I think there are other ways too but its been so long not sure!), there are three components

1. Financial services industry regulation
2. Mortgage Products, Insurance etc
3. Application of knowledge

The exams are multiple choice and you do them in Pearson Vue testing centres on a computer.

Last time I looked it costs £120 ish for each course included the exam

resits are about £100 I think

the pass mark is around 75%

Once you have passed the three exams you hold the benchmark qualification to be a mortgage adviser, the real learning then comes when you start doing the job, there are various ways of getting into the industry but working in a bank or estate agents is the usual route. I went whole of market (access to all UK lenders) and home based more or less straight away, but with the support of a company who took on trainee advisors, however I was lucky because I had an exam called financial planning certificate which is the benchmark qualification to be an IFA.

Hope this helps somebody, because even if you can work now due to family commitments or whatever, there's nothing wrong with settin yourself up for a good future. I've never looked back.

MM

tom_and_barbara_good

This isn't a job in the salaried sense but you could sell your unwanted books, CDs, DVDs PC games, toys and houshold stuff on Amazon, when you've sold a few of your own things you might find that you have got the bug.
It's FAR easier than selling on ebay too because you don't need a photo, you don't need to write a general description about the item, just a few words about YOUR item's condition and you don't pay a penny till it sells.

The fee percentage is more than ebay but this is outweighed by the fact that you can list an item forever for free, with ebay if the item doesn't sell you have fees, to relist it you have fees, when it sells you have more fees, if you take paypal you have even more fees to pay....

There is a thread here with lots of help and it has posts from people that started by selling their own things, did well, made some money and are now treating it as a business and buy books (in particular) in bulk to sell on and are now self employed sellers

freda

Once you have passed the three exams you hold the benchmark qualification to be a mortgage adviser, the real learning then comes when you start doing the job, there are various ways of getting into the industry but working in a bank or estate agents is the usual route. I went whole of market (access to all UK lenders) and home based more or less straight away, but with the support of a company who took on trainee advisors, however I was lucky because I had an exam called financial planning certificate which is the benchmark qualification to be an IFA.

Thats really interesting, thank you for that!

Once you have the three CeMAP exams, can you literally just advertise your services as a mortgage advisor locally, with no affiliation to any banks etc? Or do you need to work for/be supported by another company in order to get the work in?

Additionally, is it possible to truely give people the best deal for their situation, or would you not make any money if you did that? I'd hate to give a sub-standard mortgage advise just because it got more commission?

bexterwho

Had a quick look through this post and don't think anyone has mentioned AQA. I know a few people on here do it, and so do I. Its another text service but this one is 'any question answered' which means you are researching and answering questions on anything.

You work from home whenever you want as much or as little as you want. All you need is a broadband connection. Pay is pretty good, if you are speedy £8-10 per hour is normal when its busy (normally evenings and weekends). I really enjoy it and its easy to do with your feet up in front of Eastenders.

Check out https://www.63336.com. They aren't recruiting in the UK at the moment but do regularly so if you're interested its worth bookmarking the page and checking regularly. They are very oversubscribed for jobs, but I found the application fairly easy. Let me know if you want any more info.

Philippa36

freda wrote:

Thats really interesting, thank you for that!

Once you have the three CeMAP exams, can you literally just advertise your services as a mortgage advisor locally, with no affiliation to any banks etc? Or do you need to work for/be supported by another company in order to get the work in?

Additionally, is it possible to truely give people the best deal for their situation, or would you not make any money if you did that? I'd hate to give a sub-standard mortgage advise just because it got more commission?

I would recommend you work within a company first. We have taken on several advisers recently and they do make a good income but its not that easy.
You tend to have to see clients at evenings and often weekends too, whenever they are available to see you. I wouldn't necessarily consider this as a part time job to work round a family.

You have to give best advice which means you don't always get to choose the company with the most commission! but yes, you still can make money.