The Mortgage Hut backs new apprenticeship scheme
Independent whole-market mortgage broker The Mortgage Hut has become one of the first firms to offer the new Financial Services apprenticeship.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The firm has taken on two apprentices on an 18-month long apprenticeship scheme that focuses on work-based training rather than classroom learning.
It is being run in conjunction with Kaplan training and, at the end of their training, apprentices Cristian Lupu and Claire Humby will gain their CeMAP qualifications.
Chris Schutrups, founder and managing director or The Mortgage Hut, said:
“In the last budget the Chancellor committed to creating another three million apprenticeships by 2020. We’ve started with two, so there’s a little way to go yet, but we think it’s important the financial industry embraces apprenticeships as a way of finding new talent and re-invigorating the industry.
“Everyone knows apprenticeships aren’t just about engineering or manufacturing, but this particular scheme, designed by mortgage industry specialists, not only works well for the employers but it’s also a great route for young people.
“We’re seeing a shift in the number of people going to university and those deciding to go onto full-time employment. With a scheme like this, young people are given the chance to earn a decent salary while developing into a competent mortgage adviser.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%