ER1 Equity Release

The ER1 Equity Release exam forms part of the Certificate in Equity Release and upon successful completion will give you 15 credits at certificate level.

Forms part of
The Certificate in Equity Release
Credit awarded
Exam length
2 hours
Exam type
Multiple Choice
Exam content
75 questions – 50 standard multiple-choice questions with and five case studies each with a further 5 multiple-choice questions.
Pass Mark
In the region of 70%
Learning Outcome 1
Know the definition of equity release, home reversion plans, lifetime mortgages and alternative methods of equity release / capital raising.
Learning Outcome 2
Understand the principles of equity release, the types of equity release schemes available and the circumstances for which such schemes might be appropriate.
Learning Outcome 3
Understand the types of consumer at whom equity release is targeted and their personal requirements wants and needs.
Learning Outcome 4
Understand the circumstances in which equity release may be appropriate and how these are influenced by consumers’ preferences and financial needs.
Learning Outcome 5
Understand the impact on consumers’ future options.
Learning Outcome 6
Understand the key features, relative advantages and disadvantages of different types of equity release arrangements and principle alternatives.
Learning Outcome 7
Understand the rules relating to State benefits and taxation, the sources of information and specialist advice regarding the implications on these.
Learning Outcome 8
Analyse the suitability and affordability of the different types of equity release plans and the main alternatives for different types of customer.
Learning Outcome 9
Assess the advantages, disadvantages and potential risks to consumers associated with taking out equity release and when these may arise.
Learning Outcome 10
Assess the relative levels of risk for different consumers taking account of their individual circumstances.
Learning Outcome 11
Apply suitable equity release solutions to the circumstances of different types of consumer.

Course Overview

The ER1 Equity Release exam forms part of the Certificate in Equity Release and upon successful completion will give you 15 credits at certificate level.

The study schedule is split into a three-week learning programme. We would recommend that you allow yourself around a week after the programme finishes to consolidate your learning, practice taking some examinations and revise. This means that you should leave yourself around 4 weeks from starting the programme, to taking the exam.

As part of our structured study plan, rather than just giving you a book and expecting you to read it and learn, we will be providing an interactive and structured journey to help you through your studies.

We have broken the key learning outcomes down into various areas that will be rolled out over the 3 week study schedule for you to study as you go. The learning materials will include written summaries of the material covered in the form of a study guide that you can print off and read through. As well as this and alongside the specific learning material, you will find links to other useful documents that will help with your study.

ER1 Equity Release Course

Course Price: £69.00 + VAT

Access Duration: 6 months

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Programme Details

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Exam guidance

Structured, weekly learning

Mock exam module with instant feedback

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Revisit content at any time

Re-sit exam multiple times

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Tracks learning progress throughout

6 months access

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