CeMAP Certificate in Mortgage Advice (Module 1)
What is the CeMAP Module 1 Online Course
In the UK, mortgages are regulated by the Financial Conduct Authority (FCA), so it has become a legal requirement for individuals to be registered with a “licence to practice” and earn the relevant qualifications, such as the ‘Certificate in Mortgage Advice and Practice’ (CeMAP), in order to offer professional mortgage advice and work as a Mortgage Adviser. Held by 80% of professionals in the sector, CeMAP has become the benchmark certification for Mortgage Advisors in the UK.
This CeMAP certification is an RQF Level 3 qualification accredited by Ofqual and is awarded by the London Institute of Banking & Finance. It is an essential qualification to obtain if you wish to professionally work in the sector.
By enrolling on this online CeMAP Module 1 course, you’ll learn about the UK Financial Services Environment and UK Financial Regulations from the comfort of your own home. You can access the course material 24/7 and make your studies fit around your personal commitments.
Made up of interactive and engaging lessons, quizzes and video tutorials designed to fully prepare you to pass your exam, the qualification you’ll achieve upon successful completion of this course will show you have gained the initial fundamental knowledge needed to embark on an exciting and fulfilling career as a professional Mortgage or Protection Advisor.
In addition to this, you will also have access to unlimited Tutor Support, where you can discuss any topics you are finding particularly challenging with one of our experienced mentors.
This course is made up of approximately 70 hours of study material which is typically completed within 6 months. During these 6 months, you’ll also have full access to our eLearning course (which can be extended for an additional fee, if required).
In order to become fully qualified and work as a professional Mortgage Adviser, you’ll also need to complete the CeMAP Modules 2 & 3 course and pass the required exams.
Is the CeMAP training course right for me?
Our CeMAP Module 1 online course has been developed for those who prefer to self-study at a pace that suits them. If, however you prefer working as part of a group alongside fellow students, our CeMAP Virtual Classroom training course may be more suitable for you. You’ll gain the same level of support and access to the relevant information required to succeed in the sector, so, whether you prefer to study online or in our Virtual Classroom environment purely comes down to your individual learning style.
There are no prerequisites to enrol, however it is advantageous for candidates to possess basic maths skills and be able to read and write English at an intermediate level.
Where could this CeMAP course take me next?
Due to the skills gap in the market, qualified Mortgage Advisors are in great demand, so if you’re considering a career in this field, now is the perfect time to start studying.
Whether you want to work as a Mortgage Broker, Protection Advisor, or begin your career in the public or private Banking sector, it is it is essential that you first complete all 3 CeMAP modules, including the CeMAP Modules 2 & 3 course, as well as pass the necessary exams. Common roles and average salaries in this sector include:
- Mortgage Advisor/ Broker – £30k*
- Private Banking Assistant – £33k*
- Relationship Support Assistant – £33k*
- Protection Advisor – £50k*
- Business Owner – Mortgage Advisor – £30-£55k+*
Earning a career as a Mortgage Advisor can be incredibly rewarding; as Mortgage Advisors earn excellent commission rates, it is not uncommon for their base salary of £30k* to exceed £50k per year. As you build upon your experience in the sector, you can eventually apply for more senior managerial roles and see your potential earnings rise even higher.
Why choose to study with us?
As well as being the leading provider of CeMAP training in the UK, we have:
- An average pass success of 93%
- The best price for CeMAP training anywhere in the UK, guaranteed!
- High-quality training experience with professional and accredited trainers
- In-class exams and mock exams to prepare you
- Unlimited Tutor Support
- Interest-free payment options
CeMAP Course Syllabus
The CeMAP Module 1 course consists of 2 units:
- Introduction to Financial Services Environment and Products
- UK Financial Services and Regulation
These units will focus on enhancing your knowledge in the following areas:
- Review and understand the Data Protection Act 1998 and the FCA regulations and its conduct of business rule
- Learn about key legal concepts and how they apply to all advice you give to clients
- Understand UK legislation and regulation
- Discover the essential terms and rules of UK taxation and social security systems
- Learn how to handle compensation claims and general complaints
- Understand interest rates volatility and how they will affect customers with a mortgage, such as the fluctuation of interest rates and the impact on affordability and acceptance for mortgages
Due to the Covid19 Coronavirus pandemic, Pearson Vue Centres are undergoing changes to their examination schedules. To find out more about the current situation, please visit the dedicated Pearson Vue Coronavirus update page.
The CeMAP Module 1 exam is a 2-hour objective exam made up of 100 multiple-choice questions. It will test your knowledge on UK Financial Regulation (UKFR), including:
- Unit 1 – Introduction to Financial Services Environment and Products
- Unit 2 – UK Financial Services and Regulation
The exam fee is £185, and you can apply for the exam anytime throughout the year.
You will be required to sit your exam at a Pearson VUE test centre (150 nationwide). All CeMAP exams are registered with Ofqual, in the Regulated Qualifications Framework (RQF).
What is the TOTUM PRO Card?
The TOTUM PRO card is the replacement of the old NUS card, which offers discounts in a wide range of shops and websites, helping you get money off food, holidays and flights, clothes, make-up gym memberships and much more. TOTUM PRO card is aimed at professional learners, giving you access to exclusive discounts.
Where can you use your TOTUM PRO Card?
The TOTUM PRO card offers a range of discounts across a wide range of shops and websites. The list below provides a sample of the places you can receive discounts from. Click here to review the full list of shops and websites.
How to get your card
To receive your TOTUM PRO card all you need to do is enrol and pay for an eligible course (see the full list, below) and we’ll send you an email confirmation, acknowledging your eligibility for the TOTUM PRO Card. After your 14-day cooling off period has passed, we’ll send you an email confirming that your TOTUM PRO card access is now live, and you’ll be able to use the TOTUM PRO card widget in your ‘My Account’ section on our website, to order your card.
Is there a cost?
TOTUM PRO is available for a limited time only for just £14.99 for one year (usually £19.99), £24.99 for two years (usually £34.99), or £34.99 for three years (usually £44.99).
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