Brokers turn to commercial mortgages

The number of brokers taking the ifs Certificate in Commercial Mortgages (CeCM) qualifications has been steadily increasing in recent months. Almost 300 brokers took the CeCM qualification between January and May 2008, and ifs expects numbers to increase in future. The ongoing turmoil of the credit crunch, and the resulting stagnation in the residential property market, may be responsible for the move to commercial mortgage broking. The ifs School of Finance says buy-to-let business is likely to continue to grow despite the credit crunch, but believes the market will focus more on profes...