Related topic: education

The new initiative will support individuals from initial recruitment through to ongoing professional development.

TRM said the launch comes at a time when the industry is facing a growing need to attract new talent.

This part of the market is estimated to be worth around £1 billion every year.

The Academy has been designed to fast-track talent into the specialist finance market.

The first-of-its kind six-month scholarship scheme will provide 300 free intermediary enrolments.

The courses are open to professionals working across the mortgage and specialist finance markets.

The Brightstar Group has also announced the expansion of its Young Learners Programme.

The mortgage industry supported plans to bolster young people's future financial wellbeing, but argued that brokers can better explain how the mortgage market works.

The individuals selected for the scheme will additionally receive mentoring and career support from The Mortgage Mum, supported by Mortgage Advice Bureau.

CPSP was designed and created by FIBA and the BDLA in 2023.