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CeMAP 1®: UK Financial Regulations

CeMAP 1® overview

CeMAP 1 is regarded as the toughest of all three modules and as such special attention needs to be given to it.

We pride ourselves on delivering a comprehensive programme which has been written and fine-tuned by our experienced CeMAP tutors since 2006. Our CeMAP 1 training course provides in-depth training across the whole syllabus, focussing on the learning outcomes necessary to achieve examination success. We aim to provide candidates with knowledge and understanding of the financial services industry and the environment in which it operates.

You can either take our instructor-led 5 day Fast Track option (which requires very focussed study) or you can do it for 5 days over 3 weekends (quite handy if you can’t get time off work to do Cemap training during the week).

If time or travel distance is and issue then you might want to consider our distance learning option. Follow this link for All the details of our CeMAP Home study with tutor support (or cemap study material only)

CeMAP tuition at Futuretrend is provided by FCA registered financial services practitioners. As such we can bring the otherwise dull and boring study material to life through real world examples, case studies, practice examinations and presentations. This helps you stay engaged and helps you retain more. You can see our CeMAP Tutors Bio’s here

By the time you finish the training you will have undertaken a minimum of eight CeMAP practice examinations. Best of all you will be given comprehensive feedback from your tutor. So you know if you are on the right track and what to do if you aren’t.

You will also have access to our virtual learning zone where you can take interactive tests at your own time and pace. On our Virtual learning zone you will find over 1000 CeMAP 1 multiple choice questions.

Module Overview

UK Financial Regulation (Module 1)

UK Financial Regulation is a broad-based module that focuses upon the purpose and structure of the UK financial services structure. The module is split into two units, focusing on the financial services environment and regulation of the environment respectively.

Assessment units

Unit 1 – Introduction to Financial Services & Products.

Unit 2 – UK Financial Services and Regulation.

The exam is delivered electronically at pearson vue test centres.

Examinations

CeMAP 1 is assessed by a two-hour, 100 question, multiple choice examination. These are delivered electronically with results given immediately. Students must achieve a minimum of 70% in each unit. If students don’t gain 70% in any unit/s within a module they will have to re-sit

Pass

70%

Merit

80%

Distinction

90%

Learner Testimonials

You do not need a mortgage or financial background to take our CeMAP® courses. Regardless of whether you have been a Banker for 18 years or an 18 year old who has recently chosen mortgage broking as a career path, when you come to our Centre you leave what you think you know at the door and allow us to guide you on how to get through this exam successfully. We will take you step by step and provide you the training you need to pass CeMAP® . Over the duration of the course the tutor will support you fully taking you through all the sections of the vast ifs syllabus.

CeMAP® has long been recognised as the leading qualification in the financial services industry, with 80% of mortgage advisors having achieved the certificate. It is truly considered throughout the UK to be the industry benchmark qualification. You must have CeMAP or an equivalent qualification to be able to give any type of mortgage advice.

Those in the industry feel that being a mortgage advisor is a rewarding and valued career with the opportunity to help people with what might be one of the most important aspects of their lives. Obtaining Property. It’s a career that you can progress through with great salary prospects that increase with experience.

Despite recent challenges such as the Pandemic, War in Ukraine, Cost of living crisis mortgage advice careers are still a very good choice in the current economic climate. The property market is still very buoyant and includes people looking to move home or release equity in their property. With the introduction of stricter regulation and tougher mortgage applications, there is a growing demand for qualified mortgage advisors to help borrowers understand their options and make the right choices.

Most mortgage brokers will charge a fee for their service in the region of £250, although this can vary as there is not a set guideline by the FCA of fees charge and is down to the Mortgage brokerage or mortgage advisor to set a price, however this must be made clear and upfront to the client. Most mortgage lenders will pay mortgage brokers a commission, or procuration fee, of about 0.3% - 1% of the loan size.

To become a mortgage adviser you must successfully complete the Certificate in Mortgage Advice and Practice (CeMAP) qualification. This Level 3 course is approved by the FCA and is sought by employers as the industry standard. CeMAP is split into 3 Modules, CeMAP 1: UK Financial Regulations, CeMAP 2: Mortgages and CeMAP 3: Assessment of Mortgage Advice.

Simple! the best way to do this is by calling them up on 01227 818609. Alternatively, go to www.libf.ac.uk

CeMAP qualification does not expire, so once you have completed your training course and passed all three module exams you will be fully qualified to advise your clients on mortgages and mortgage related products. However, you are required to evidence your Continuous Profession Development. This does not have to be a training course or requires any further exams. It can be just reading relevant articles, watching videos or listening to a podcast to show that you are staying up to date with any changes in the industry. The essence is to show you are providing clients with current and up to date advice.

No, our training fees do not include the exam registration, this payment can be made direct to The London Institute of Banking & Finance or you can register with them through us.

The price you are quoted is the price you pay with no hidden fees along the way.