Supriya Ghosh (Editor)

Certificate in Mortgage Advice and Practice

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The Certificate in Mortgage Advice and Practice (CeMAP) is a QCF Level 3 UK specific qualification for mortgage advisers offered by The London Institute of Banking & Finance) which meets the standards required by the Financial Conduct Authority to practice as a 'licensed' adviser – 80% of UK advisers holding the qualification.

Contents

CeMAP qualification process

The qualification comprises seven mandatory units that are studied and assessed in three modules as follows:

Module 1

  • Unit 1 - Introduction to Financial Services Environment and Products
  • Unit 2 - UK Financial Services and Regulation
  • Module 2

  • Unit 3 - Mortgage Law, Policy, Practice and Markets
  • Unit 4 - Mortgage Applications
  • Unit 5 - Mortgage Payment Methods and Products
  • Unit 6 - Mortgage Arrears and Post Completion Issues
  • Module 3

  • Unit 7 - Assessment of Mortgage Advice and Knowledge
  • Higher level qualifications

    The London Institute of Banking & Finance offers CeMAP holders a higher level CeMAP Diploma and existing mortgage advisers certificates in Regulated Equity Release (CeRER), Regulated Complaints Handling (CeRCH) and Regulated General Insurance (CeRGI).

    References

    Certificate in Mortgage Advice and Practice Wikipedia


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