CeMAP Level 1, 2, and 3 Course Outline
Level 1: UK Financial Regulations
Unit 1: Introduction to Financial Services Environment and Products
Module 1: Introducing the Industry, Regulations and Economics
- Introducing the Financial Services Industry
- Economic Policy and Financial Regulation
Module 2: Tax, HMRC and Benefits
- UK Taxation I
- UK Taxation II
- State Benefits and HMRC Tax Credits
Module 3: Investment
- Direct Investments - Cash and Fixed Interest Securities
- Other Direct Investments
- Collective Investments
Module 4: Products, Wrappers and Pensions
Module 5: Insurance and Assurance
- Life Assurance
- Health and General Insurance
Unit 2: UK Financial Services and Regulation
Module 6: Lending Types
- Secured and Unsecured Lending
- Secure Lending
- Repayment Mortgage
- Flexible Mortgage
- Commercial Loans
- Unsecured Borrowing
Module 7: Customers, Concepts and Advising
- Customer Needs
- Main Advice Areas
- Legal Concepts
Module 8: Regulations, Regulatory Entities and Supervision
- FCA's Aim and Activities
- Regulating Firms and Individuals
- Prudential Supervision
- Conduct of Business Requirements I
- Conduct of Business Requirements II
- Consumer Credit
- Anti-Money Laundering
- Other Regulations Affecting the Advice Process
- Consumer Rights, Complaints and Compensation
Level 2: Mortgages
Unit 3: Mortgage Law, Policy, Practice and Markets
Module 1: Introductions to Mortgages, Types of Repayment and Clients
- Role of Mortgage Adviser
- Property and Mortgage Markets
- Types of Borrowers
- Schemes for Borrowers
- Mortgage Repayment Methods
- Other Mortgage Products
- Repayment Vehicles
Unit 4: Mortgage Applications
Module 2: Property Process and Regulations
- Mortgage Regulations
- Principles of Mortgage and Property Law
- Practical Aspects of Property and Mortgage Law
- Overview on Buying a Property
- Legal Aspects of Property Purchase
Module 3: Assessment of Suitability: Regulation and the Buying Process
- Financial Status
- Borrower's Credit Status
- Suitability and Eligibility
Module 4: Lending and Property
- Assessing the Property
- Valuations and Surveys
- Factors Affecting Lending Decision
Unit 5: Mortgage Payment Methods and Products
Module 5: Financial Planning, Protection and Advice
- Financial Protection and Planning
- Types of Financial Protection II
- Pure Protection
- Raising Additional Funds from Property
Unit 6: Mortgage Arrears and Post Completion Issues
Module 6: Post Mortgage Care
- Mortgage Transfer
- Arrears and Debt Management
- Lenders' Legal Rights and Remedies
Level 3: Assessment of Mortgage Advice Knowledge
Unit 7: ASSM