CeMAP Training slots in London

CeMAP stands for The Certificate in Mortgage Advice and Practice. This is the degree given by the Institute of Financial Services (IFS).The requirements set by the Financial Services Skill Council is met by this examination. This is also accredited by the Qualifications and Curriculum Authority (QCA). After the level three examination it is also incorporated into the National Qualifications Framework. The most important thing is that is accepted by the Financial Services Authority (FSA). All this goes to show how important this examination is and there are a number of people seeking to appear for it.

The training for CeMap 1,2 and 3 are conducted in many parts of London. The training is free. There are fast track courses, intensive training courses and online training. You can choose between full time, part time and home study courses.

CeMap Module 1 is the study of ‘UK regulations’.
This is divided into two units. It gives all the information about UK regulations and is supposed to be the toughest of the three modules. It consists of 100 multiple choice questions lasting for two hours.

CeMap Module 2 is the study of ‘Mortgages’.
This is divided into four units – law, practice, policy and markets and application. Payment methods and products and post completion issues are taught. This requires a thorough understanding of all the rules and regulations which can be applied in the third module case studies. The examination consists of 100 multiple choice questions. There are 25 questions in each category.

CeMap Module 3 is the study of ‘An assessment of mortgage advice knowledge’.
This module needs the application of all mortgage solutions that are studied in modules one and two. In this module the consumer’s needs should be understood and apt mortgage solutions given. So this shows whether the person has understood the UK finance industry, the different mortgage solutions available and the advice process that has to be followed. This is a two hour examination that has six case studies and is made up of 60 questions.