The Association of Short Term Lenders (ASTL) and Financial Intermediary and Broker Association (FIBA) have finalised their Certified Practitioner in Specialist Property Finance (CPSP) education programme, ready for launch.
The trade associations, alongside the London Institute of Banking & Finance (LIBF), worked for 18 months creating what aims to be a definitive and targeted education programme for the short-term and specialist lending sector.
The CPSP is an optional e-learning programme, encompassing bridging, short-term finance, development and specialist buy-to-let (BTL).
Individuals who complete the online modules will be recognised through a digital badge provided by LIBF, and with Continued Professional Development (CPD) accreditation.
The ASTL and FIBA reported that they have already received a number of registrations from interested finance professionals.
Adam Tyler, executive chairman at FIBA, said: “We are really pleased to be able to confirm the imminent launch of CPSP, and would like to take this opportunity to thank again the 18 authors and question writers from across the industry who have provided the learning materials that make up the 13 topics included within the education programme.
“We have now signed off those learning materials and all that remains to be done are some final checks before we are able to launch this ground-breaking step for the specialist finance industry.”
Vic Jannels, CEO at the ASTL, added: “The launch of CPSP has been a long but exciting journey and I want to pay tribute to all of those who have been involved in delivering the initiative.
“We are just a matter of weeks away from officially launching the programme, but registrations are open now and we have already been really pleased by the number of people who have already signed up to take the qualification.
“CPSP will provide advisers with the opportunity to demonstrate their commitment to high standards of customer service and competency, and is a major stepping stone in continuing to enhance standards and advance the reputation of our industry.”
