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Equity release

ER1 (15 CII credits – Certificate level)

The objective of this unit is to develop an understanding of the different types of equity release products, risks to the consumer associated with equity release and application of suitable equity release solutions according to the circumstances of different customers.

Download 2018/19 syllabus (PDF)

Download 2018/19 exam guide (PDF)

Assessment 

  • 2 hour exam
  • 50 multiple choice questions
  • 5 case studies, each comprising 5 multiple choice questions
  • 70% nominal pass mark (the actual pass mark may vary from one session to another to ensure consistency in pass standards)

Recommended study hours: 70 (will vary depending on your experience and ability)

Printed and digital options

By purchasing the ‘Printed and digital’ option, you will incur an additional charge for postage and packaging:

£7 per order: UK, Channel Isles, Isle of Man, Republic of Ireland, Malta and Gibraltar.

£15 per order: All other countries.

For more information on Digital-only options, please visit: 'Digital Only' FAQ's

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Enrolment – 2019–20 edition (applicable to exams sat 01 Sep 19 to 31 Aug 20)

Information Study text and exam entry **Availability - Digital and Printed w/e 19 July**

  • Non-members £195.00
  • Members £160.00

Enrolment – 2018–19 edition (applicable to exams sat 01 Sep 18 to 31 Aug 19)

Information Study text and exam entry

  • Non-members £195.00
  • Members £160.00

Redeem exam voucher or book re-sit

Information Unit ER1 exam

Prices displayed apply to those who wish to purchase an exam re-sit. You can also book here if you have a valid exam voucher for which you will not be charged.

  • Non-members £120.00
  • Members £100.00

Revision aid – 2019–20 edition (applicable to exams sat 01 Sep 19 to 31 Aug 20)

Information Key facts booklet (Digital only) **Availability - w/e 19 July**

  • Non-members £30.00
  • Members £26.00

Information Key facts booklet (Printed and digital) **Availability - Digital and Printed w/e 19 July**

  • Non-members £32.00
  • Members £27.00

Revision aid – 2018–19 edition (applicable to exams sat 01 Sep 18 to 31 Aug 19)

Information Key facts booklet (Digital only)

  • Non-members £30.00
  • Members £26.00

Information Key facts booklet (Printed and digital)

  • Non-members £32.00
  • Members £27.00

Study text renewal

Information Update your study text to the next edition (Digital only)

  • Non-members £40.00
  • Members £30.00

Information Update your study text to the next edition (Printed and digital)

  • Non-members £40.00
  • Members £30.00