CeMAP study notes
Exam-focused notes for every learning outcome of the new CeMAP units, written from the official syllabus, the FCA Handbook and the law. Notes marked Free are open to everyone.
FRE1: Industry, Regulation and Key Parties
- FRE1 exam guide: Industry, Regulation and Key PartiesFREE
- FRE1 LO1: The UK financial services industry, markets and asset classesPRO
- FRE1 LO2: How the financial services industry serves retail consumersPRO
- FRE1 LO3: Legal concepts - entities, attorneys, contract, property, insolvency, wills and trustsPRO
- FRE1 LO4: How UK financial services regulation developed (1986 to 2021)PRO
- FRE1 LO5: The FCA and PRA - objectives, enforcement, the Handbook and SM&CRPRO
FRE2: Skills, Principles and Ethical Behaviours
- FRE2 exam guide: Skills, Principles and Ethical BehavioursFREE
- FRE2 LO6: Skills for advising clients - from fact-find to recommendationPRO
- FRE2 AC7.1: Regulatory principles for fair and ethical outcomesPRO
- FRE2 AC7.2: Records, AML, data protection, complaints, the FOS and the FSCSPRO
- FRE2 AC7.3: The regulatory advice framework - clients, disclosure, charging and cancellationPRO
- FRE2 LO8: Ethics, professional behaviour, whistleblowing and CPDPRO
MRT1: Mortgage Law, Practice and Application
- MRT1 Mortgage Law, Practice and Application: exam guideFREE
- MRT1 LO1: Mortgage definitions and regulated mortgage contractsPRO
- MRT1 LO2: Buying property at auctionPRO
- MRT1 LO3: Types of borrower and who cannot borrowPRO
- MRT1 LO4: MCOB responsibilities of lenders and advisersPRO
- MRT1 LO5: The economic and regulatory context for mortgage advicePRO
- MRT1 LO6: Affordability, suitability and fair mortgage advicePRO
- MRT1 LO7: Additional forms of security, guarantors and higher lending chargesPRO
- MRT1 LO8: Fees and charges, including SDLT, LBTT and LTTPRO
- MRT1 LO9: Property defects, lending decisions and new-home guaranteesPRO
- MRT1 LO10: Factors affecting property valuePRO
- MRT1 LO11: Valuations, RICS Home Surveys and consumer rightsPRO
MRT2: Mortgage Products and Post Completion
- MRT2 Mortgage Products and Post Completion: exam guideFREE
- Raising additional money: further advances, remortgages, second charges, bridging and equity releasePRO
- Transferring and amending mortgages: switching, moving, transfer of equity, redemption and overpaymentsPRO
- Debt consolidation within a mortgage: implications, rules, risks and creditor arrangementsPRO
- Arrears and breaches: warnings, forbearance, MCOB 13 and capital shortfallsPRO
- Lender rights and remedies: subrogation, possession, sale and the MCOB rules on defaultPRO
- Mortgage types and features: repayment methods, rates, products, schemes and Islamic financePRO
ASEW: Assessment of Mortgage Advice Knowledge
- CeMAP 3 ASEW Assessment of Mortgage Advice Knowledge: exam guide and case-study techniqueFREE
- Mortgage solutions and suitability: matching products to client circumstancesPRO
- Specialist lending and property purchase: BTL, second charge, bridging, self-build, auction and property taxPRO
- Lending, advice and insurance rules: applying MCOB, ICOBS and consumer credit law to client casesPRO
- Ethical and sustainable advice: purchasers, equity release, BTL, bridging, other home finance and protectionPRO
- Mortgage protection: cover types, sales rules, property insurance and state help (SMI)PRO
- House buying in England and Wales: key parties, exchange and completion, and mortgage legislationPRO