From 30 September 2025, the London Institute of Banking & Finance (LIBF) will introduce a new structure for its CeMAP qualification.
For aspiring mortgage advisers and current learners at the start of their journey, this update is a big step forward. The revised syllabus brings shorter exams, refreshed content, and flexible online assessment ā all designed to better reflect todayās mortgage advice profession.
In this guide, weāll explain the modules, what youāll study, how exams work, registration fees, and what the new learning journey looks like.
Module 1: Financial Services, Regulation and Ethics (FSRE)
š Replaces UKFR and now delivered as a Level 4 module. While FSRE itself is assessed at Level 4, the full CeMAP qualification continues to be recognised as a Level 3 qualification.
Unit FRE1: Industry, Regulation and Key Parties (8 topics)
This unit sets the foundation for understanding the UK financial system. It explores how financial markets are structured, the role of government and taxation, and the principles of law that underpin financial advice. Learners also gain insight into the development of UK financial regulation and the responsibilities of the PRA and FCA.
Unit FRE2: Skills, Principles and Ethical Behaviours (4 topics)
This unit focuses on the human side of financial advice. Youāll study the advice process, how advisers build trust with clients, the importance of consumer rights, and the ethical principles that underpin professional behaviour.
Exam format:
- Two separate exams ā one for each unit
- Each exam lasts 1 hour and is sat individually (you donāt need to take them back-to-back)
- Each assessment includes 25 MCQs + 3 case studies (with 5 questions each)
- Pass mark: 70%
Key Point:
FSRE is also part of the Diploma for Financial Advisers (DipFA). Passing FSRE once means it counts towards both CeMAP and DipFA ā giving you flexibility if you decide to expand your career.
Module 2: Mortgages (MORT)
This module remains the heart of CeMAP, covering everything from mortgage law to product knowledge and adviser responsibilities. It is now split into two distinct units, making the learning journey more manageable.
Unit MRT1: Mortgage Law, Practice and Application (15 topics)
This unit takes you through the legal and regulatory framework of mortgages. Youāll learn about the buying process, the responsibilities of advisers, and how lenders assess applicants and properties. It ensures advisers understand both the technical and practical aspects of arranging mortgages.
Unit MRT2: Mortgage Products and Post-Completion (9 topics)
This unit focuses on the products themselves. Youāll cover different repayment methods, interest rate options, and mortgage types, along with arrears management and the legal rights of lenders.
Exam format:
- Two separate exams ā one for each unit
- Each exam lasts 1 hour and is sat individually (you donāt need to take them back-to-back)
- Each assessment includes 50Ā multiple choice questions
- Pass mark: 70%
Advice:
CeMAP 2 gives advisers practical knowledge of the mortgage market ā from application to completion ā making it directly relevant to the day-to-day role of a mortgage adviser.
Module 3: Assessment of Mortgage Advice Knowledge (ASEW/ASSC)
The third module has also been refreshed with its own dedicated syllabus. Unlike before, this isnāt just a recap of Module 2 ā it now introduces additional learning on protection advice and soft skills that mortgage advisers need in real practice.
Youāll study areas such as:
- Protection types and advice ā life cover, income protection, and related products
- The advice process ā applying knowledge to customer scenarios
- Soft skills ā communication, suitability, and delivering good customer outcomes
This final module goes beyond simply testing recall. It requires learners to apply their knowledge to realistic mortgage scenarios ā reflecting the type of problem-solving advisers face in practice.
Exam format:
- One 2-hour exam, sat online through Brightspace
- Based on 6 case studies, each followed by 10 related multiple-choice questions
- Pass mark: 70% across whole exam not by case study.
Key Information:
Module 3 is designed to feel like āreal adviser practiceā. It tests not just knowledge but also your ability to analyse scenarios, recommend suitable solutions, and demonstrate professional judgement.
How the New Exams Work on Brightspace
All CeMAP exams are delivered online via Brightspace with remote invigilation. This gives learners control over when they sit their exams, but conditions remain as strict as a physical exam centre.
- Identity check before the exam starts (passport/driving licence required).
- Exam environment check ā you must show your webcam view of the entire room to prove no one else is present and no notes are available.
- Continuous monitoring during the exam ā you must remain visible on screen at all times with a moderator and AI checking on you throughout.
- Strict exam rules ā Brightspace replicates exam-centre conditions, ensuring fairness and compliance, this means no speaking (even to your self), moving around, or leaving your seat once the exam begins.
Tips for learners:
Always test your equipment in advance and make sure your exam space is quiet, private, and free from distractions and that you have a decent internet connection.
Registration Fees and Options
From 30 September 2025, the new registration fees are:
CeMAP 1 (FSRE): Ā£310 (12 months registration)
CeMAP 2 (Mortgages): Ā£300 (12 months registration)
CeMAP 3 (ASEW): Ā£150 (12 months registration)
Full CeMAP package (1ā3): Ā£690 (18 months registration)
Resits:
Ā£110 per unit (reflecting the new split-unit format).
Key Dates for the New CeMAP
- 30 September 2025 ā New CeMAP registrations open
- 24 October 2025 ā Specimen exam papers available
- 10 November 2025 ā First exams under the new syllabus available on Brightspace.
Frequently Asked Questions
What are the new CeMAP modules from 2025?
The qualification will include: FSRE (FRE1 + FRE2), Mortgages (MRT1 + MRT2), and Assessment of Mortgage Advice Knowledge (ASEW).
Can I do my CeMAP exam in person at a test centre?
No. Under the new structure, exams are only available via Brightspace with online invigilation. Test centres are no longer used.
Do I have to study CeMAP modules in order?
No, you can study in any order. You can even split up the units and jump between modules, the choice is yours. However, CeMAP 2 must be completed before CeMAP 3, as much of its knowledge is applied in the assessment module.
What is included in my LIBF registration?
Registration includes the syllabus, online learning reading material, and one exam attempt per unit.
What support is available for CeMAP learners?
Alongside LIBFās resources, accredited training providers like Futuretrend CeMAP Training offer home study packs & Live Virtual workshops that include revision guides, videos, tutorials, podcasts, topic and full unit mock exams, and tutor support.
Does FSRE count towards other qualifications?
Yes. FSRE is also part of DipFA, so passing it once gives credit towards both CeMAP and DipFA ā giving you greater flexibility if you decide to expand into financial advice.
Next Steps
The new CeMAP structure launching in September 2025 represents a modern, flexible approach to mortgage adviser training. With shorter exams, dedicated units, and updated learning content, itās designed to make the qualification more accessible and relevant than ever to reflect the needs of todayās mortgage advice industry.
š Whether youāre an aspiring mortgage adviser, or a new learner wondering if you should wait for the new syllabus, our updated CeMAP training and home study options are here to guide you to success.
Ready to get started?
Book our CeMAP Home Study course or visit our website for full training resources:
https://cemap123.co.uk/home-study-training/