This qualification from the CII is relevant for anyone seeking
to advise on equity release products (both home reversion plans and
lifetime mortgages), and for those who work in a support role in
Holders of the Certificate meet the regulatory examination
requirements required to advise on this class of business.
Upon completion you will have gained:
- a general introduction to the UK financial services industry
(including common product types, the process of giving advice,
ethics, regulation and legislation);
- an introduction to the mortgage process (including the
house-buying process, different types of borrowers and their needs,
the various mortgage product and repayment options, and the
regulation and legislation applicable to mortgages and the
provision of mortgage advice); and
- an understanding of the principles of equity release, the types
of schemes available and the risks associated with these, and the
suitability of these products to different customer needs.
The Certificate in Equity Release is available to study as a
standalone qualification for individuals entering the industry,
with a total of three units requiring completion.
Existing qualified advisers who hold the Certificate in Mortgage
Advice need only complete one additional unit.
Why the Certificate in Equity Release?
The Certificate delivers many advantages:
- Satisfies the FCA examination requirements to advise on
- Improves your long-term career prospects by improving knowledge
and understanding, and by demonstrating commitment to
- Provides online exam sittings that enable you to enter for the
exam when you are ready, with provisional results provided
- Upon completion you can apply to use the designation 'Certs CII
(MP & ER)' providing a means of demonstrating your achievement
to the public and to peers (membership and Continuing Professional
Development requirements apply).
- Holders are eligible to become 'Certificate' level members of
the Society of Mortgage Professionals.
The Certificate in Equity Release is registered with Ofqual at
Level 3 in the Regulated Qualification Framework (RQF). You can
access further information at www.ofqual.gov.uk
Is the Certificate in Equity Release right for me?
The Certificate is a practical solution that develops
understanding of equity release regulation, products, market
practice and customer needs. It is appropriate for:
- all advisers who need to comply with the regulatory examination
- individuals working in the mortgage/equity release market in
non-advisory roles, such as in administration or in support
functions including, for example, marketing, sales support, human
resources and IT.
Your next step
Now that you have read about the Certificate in Equity Release,
gained an understanding of what it offers and decided that it meets
your career development plans, it is time to finalise your
The links above contain all the information you require to study
for and complete this qualification. As you read through these, you
will learn about the units on offer, the available learning
materials, terms and conditions relating to entry, and the
different ways you can enter.
Please take the time to read this, as it will help you choose
the study programme that best fits your needs.
You can also access FAQs here