The Right Mortgage & Protection Network has launched a new Accreditation Scheme for advisers who offer advice services in the buy-to-let arena.

Buy-to-Let Accredited Advisers are designated as those who offer specialist advice in this product sector, who hold Competent Adviser Status with the network for both mortgages and protection and who 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.

CHETWOOD PARTNERSHIP

The Right Mortgage is working closely with Roger Morris, group distribution director at buy-to-let specialists, Chetwood Financial, on this initiative. In January, Morris hosted workshops for advisers with a final session held last week along with a celebratory lunch to award those accredited.

In association with Chetwood Financial, The Right Mortgage has awarded just under 20 advisers with the accreditation. Maintenance of Accredited Adviser status will take place annually; it will also be determined by the individual’s involvement in the scheme, in buy-to-let-focused events, and their commitment to development and education.

For further details and to register, advisers should visit the network’s adviser website. The start of Buy-to-Let Adviser Accreditation follows the launch last year of a similar scheme by The Right Mortgage focused on those advisers who offer specialist later life lending advice.

Victoria Clark, head of lending at The Right Mortgage & Protection Network, said: “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.”

Morris added: “I am honoured to have been involved in delivering the educational aspects of The Right Mortgage’s Buy-to-Let Accreditation process. The feedback, engagement, and overall value have been immeasurable, and I look forward to seeing the increasing benefits this will bring to landlord clients.

“This initiative sets a new benchmark in professional standards, and I have no doubt that other networks will want to follow suit.”