Simply Academy, a leading provider of financial advisor training, have commented on suggestions that house prices in the UK are set for a record high in 2014.
According to experts, the average price of a house in 2014 will reach £223,000, 0.7% higher than the pre-credit crunch peak of 2007. It is estimated that house prices will continue to increase and could be as high as an average of £261,000 by 2018, a fifth higher than current prices.
Property market experts believe this soar in prices will be driven by continued low interest rates and banks offering more mortgages under the Government’s Funding for Lending scheme.
Daniel Solomon, economist at the Centre for Economics and Business Research, said: “Next year, prices will hit a significant milestone, passing their pre-crisis peak for the first time.”
Simply Academy offer training courses in a wide range of financial areas, including mortgage advice with their CeMAP qualification.
A spokesperson for Simply Academy commented: “Positive green shoots are showing within the mortgage industry meaning now is a better time than ever for budding mortgage advisers to complete their CeMAP studies. The Government’s Funding for Lending scheme has meant that the requirement for mortgage advisers is growing all the time. It has been difficult in recent years for those wanting to break into the industry but these are very positive signs and the CeMAP qualification is the perfect way to learn the trade. The CeMAP is the most recognised qualification within the mortgage sector and approved by both the Financial Services Skills Council and the Financial Services Authority (FSA), this regulatory qualification is a true reflection that graduates are knowledgeable about the industry and serious about securing employment within it.”
For more information on Simply Academy and their training courses, contact them on 0844 88 444 21 or visit their website at www.simplyacademy.com.
Simply Academy was established in 2006 and has since become one of the UK’s leading financial academies. They offer a range of financial courses, including CeMAP, CeFAP, DipMAP and DipFA training and have a number of highly trained tutors with years of experience in their respective fields. They have signed the IFS School of Finance code and ensure they work to those high standards at all times.
Simply Academy Ltd
1st Floor, 15 The Broadway
Woodford Green, Essex
Zip: IG8 0HL
Tel: 0208 5066433