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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 2019/20 syllabus (PDF)

Download 2019/20 exam guide (PDF)

Download 2020/21 syllabus (PDF)

Download 2020/21 exam guide (PDF)

Assessment 

  • 2 hour exam
  • 50 multiple choice questions
  • 5 case studies, each comprising 5 multiple choice questions
  • The pass rate for those completing the unit is currently 91%
  • The nominal pass mark is 70%

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

Printed and digital options

*** Click here for an important notice for international deliveries ***

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.

*** NB Basket price may depend on UK treatment of VAT ***
The price displayed below will default to the price of the ‘Printed & Digital’ option, which is higher than the ‘Digital only’ option due to HMRC changes to the treatment of VAT on digital products.  If you have added 'Digital only' to your basket, the final price you pay will be reduced on check out to reflect the tax on digital components.

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

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Enrolment – 2020–21 edition (applicable to exams sat 01 Sep 20 to 31 Aug 21)

Information Study text and exam entry

  • Non-members £199.00
  • Members £163.00

Revision aid – 2020–21 edition (applicable to exams sat 01 Sep 20 to 31 Aug 21)

Information Key facts booklet (Digital only)

  • Non-members £30.00
  • Members £26.00

Information Key facts booklet (Printed and digital)

  • Non-members £36.00
  • Members £31.00

Study text renewal

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

  • Non-members £34.00
  • Members £26.00

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

  • Non-members £41.00
  • Members £31.00
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