Two trade associations have confirmed they are launching a targeted education programme for the short-term and specialist lending sector.

Both the Association of Short-Term Lenders (ASTL) and the Financial Intermediary and Broker Association (FIBA) have confirmed that that the Certified Practitioner in Specialist Property Finance (CPSP) is now ready for launch.

The pair have worked together and with the London Institute of Banking & Finance (LIBF) over the last 18 months in preparing the CPSP. The e-learning programme will cover bridging, short-term finance, development finance and specialist buy-to-let.

Participants who complete the modules will be recognised through the award of an LIBF digital badge and accredited for CPD purposes. The ASTL and FIBA added that the programme has already received a “significant number of registrations” from finance professionals.

Executive chairman at FIBA, Adam Tyler, 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.”

CEO at the ASTL, Vic Jannels, 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.”

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