The Certificate in Regulated Equity Release (CeRER®) is an FCA-approved RQF level 3 qualification specific to the UK.
In order to achieve a CeRER®, you must first pass a Certificate in Mortgage Advice and Practice (CeMAP®). A further module, consisting of two units on Equity Release (ER), then completes your CeRER® training.
The Financial Conduct Authority (FCA) is responsible for regulating the marketing and sales of equity release products. This includes lifetime mortgages and home reversion plans.
If you plan to advise on equity release, you are required to hold an appropriate qualification. Upon completion of the CeRER®, you will meet these regulatory requirements and have developed a thorough knowledge of the equity release environment.
Why Choose Us?
- We are specialists in financial education training and apprenticeships.
- We have successfully trained over 15,000 professionals into the industry.
- We are the largest corporate training provider for companies such as RBS and Santander.
- We are fully accredited by both government and industry specific institutions.
What you will learn
CeRER® is made up of two mandatory units and two multiple choice tests:
Unit 1 - Fundamentals of Equity Release (FOER)
FOER culminates in a multiple choice objective test with 50 questions.
Unit 2 - Equity Release Solutions (EQRS)
The test for EQRS is an objective test comprising 3 case studies, each consisting of 10 multiple choice questions.