Join 40000+ of your fellow professionals and use our resources to pass your CII exams
14 Day Money Back Guarantee
You are either satisfied or you get your money back!

CII Certificate in Equity Release

What is the purpose of this Certificate?

The CII level 3 Certificate in Equity Release focuses on equity release products, regulation and customer needs.

The qualification is for those advising on equity release schemes as well as those in a supporting function.

If you are a CII member and a member of the Society of Mortgage Professionals (SMP), you can use the designation Certs CII (MP & ER).

What do I need to do to achieve this Certificate?

Three units are required to achieve the CII Certificate in Equity Release. These are:

CII Certificate in Equity Release

CriteriaDetails
Available units: R01 Financial services, regulation and ethics, or
CF1 UK financial services, regulation and ethics
plus
CF6 Mortgage advice (compulsory)
ER1 Equity release (compulsory)
Credits required for qualification:50
Level:3

R01 Financial services, regulation and ethics

CriteriaDetails
Credits20 - Diploma
Exam FormatOnline, 2 hours
Number of Questions100 multiple choice questions (MCQs)
Nominal Pass Mark65%
Current Pass Rate64%

CF1 UK financial services, regulation and ethics

CriteriaDetails
Credits15 - Certificate
Exam FormatOnline, 2 hours
Number of Questions100 multiple choice questions (MCQs)
Nominal Pass Mark70%
Current Pass Rate60%

CF6 Mortgage advice

CriteriaDetails
Credits20 - Certificate
Exam FormatOnline, 3 hours
Number of Questions100 multiple choice questions (MCQs) and five case studies, each comprising five MCQs
Nominal Pass Mark70%
Current Pass Rate81%

ER1 Equity Release

CriteriaDetails
Credits15 - Certificate
Exam FormatOnline, 2 hours
Number of Questions50 multiple choice questions (MCQs) and 5 case studies each with 5 MCQs
Nominal Pass Mark70%
Current Pass Rate91%