-

Qualification details

IFS Level 3 Certificate in Mortgage Advice and Practice

Qualification summary

All mortgage advisers across the UK are required by Financial Services Authority regulation to be appropriately qualified. This qualification has been designed to ensure that it is accepted as an appropriate qualification in the area of mortgage advice and thus will be accepted by the regulator (FSA) as a 'licence to practise' for those operating in this part of the financial services sector. The qualification has been developed with input from across the sector. This ensures that the content provides learners with the underpinning knowledge to enable them to meet current and future career and regulatory requirements.

Qualification details

100/3778/0
IFS - IFS School of Finance
3
VRQ - Vocationally-Related Qualification
Accreditation start date:
01/06/2004
Operational start date in centres:
Accreditation end date:
31/12/2010
Certification end date:
31/12/2013
England
18+, 19+
Wales
18+, 19+
N.Ireland
18+, 19+
Approval start date:
11/06/2004
Approval end date:
31/12/2010
English - Welsh - Irish
This qualification has been designed to enhance pathways for learners both within the qualifications framework and within the ifs School of Finance qualification provision. The units within the qualification take into account opportunities for both lateral and upward progression of learning. As such CeMAP provides learners with the required knowledge and understanding to enable them to move onto other qualifications at the same level eg CeFA with which CeMAP shares introductory units, or onto higher level qualifications such as the ifs School of Finance Professional Diploma in Financial Services Management.
Bank Manager
Bank/Building Society Customer Adviser
Building Society Manager
Financial Adviser/Planner
  • 15 Business, Administration and Law
    • 15.1  Accounting and Finance
60
Pass/Merit/Distinction
E-assessment
Multiple Choice Examination
External assessment by ifs applies to this qualification.

Candidates are assessed by means of computer based, objective tests using multiple choice items.
Performance Measures
All units are mandatory
  • R/102/4491 - Introduction to the financial services environment and products
  • Y/102/4492 - UK financial services and regulation
  • D/102/4493 - Mortgage law, policy, practice and markets
  • H/102/4494 - Mortgage applications
  • K/102/4495 - Mortgage payment methods and products
  • M/102/4496 - Mortgage arrears and post-completion issues