Equity Release Revival Expected As Stonehaven returns
March 15, 2011
With the return of Stonehaven to the equity release sector last week, it could be that the equity release market could be set to see a revival in 2011.
Stonehaven is one lender that withdrew Read more
Mortgages: 20 percent of over-55s owe over £65k
March 12, 2011
More than 20 percent of those over 55 years old are still paying off a mortgage worth on average £65,107 according to recent figures.
The report from Aviva revealed approximately 21 percent of those aged over-55 still have to make monthly mortgage repayments.
Those over the age of 75 have Read more
Equity release body SHIP welcomes WRIC
February 3, 2011
Equity release trade body SHIP (Safe Home Income Plans) has welcomed the launch of the WRIC, which has been set up to investigate how the UK can change its plans to help its aging population prepare for retirement.
The WRIC was launched by NAPF Read more
What does the CeRER qualification do?
April 3, 2010
Many of those potentially interested in taking their CeMAP training want to know whether the
CeMAP is the only qualification they need in order to work as a mortgage advisor and what the CeRER qualification is for.
CeRER stands for Certificate in Regulated Equity release and unlike the CeMAP or the CeFA courses, it does require you to have prior knowledge and qualification – you must already have your CeMAP qualification before you can take the CeRER exam.
In previous years, Read more
Are mock exams included in the courses?
October 18, 2009
Within our short articles, we try to address the most common and frequently asked questions by those interested in our CeMAP, CeRER or CeFA courses in a little more detail than perhaps we can on our FAQs page, and one that is often asked is whether or not mock exams are included in the price of our training courses.
As a responsible training course company, we feel it would not be right to not include mock exams within the courses. People are understandably asking because, having spoken to several of them, they have seen or heard of irresponsible Read more
Do courses include the cost of the exams?
September 27, 2009
We are often asked if our CeMAP courses, or other courses such as CeFA or CeRER, include the cost of the exams within the courses.
None of our courses do actually include the exam prices within the advertised price and there is a very good reason for this.
The main reason is that although a large number of our course delegates do wish to study for and take the exams, a significant number do not. We are an approved training provider for many large corporations who buy Read more
Should exam prices be included in course fees?
August 27, 2009
When potential students of the CeMAP, CeFA or CeRER start to shop around for training courses, one of the first questions they often ask is whether or not the exam fees themselves are included in the course.
More often than not, as is the case at Beacon Financial Training, the exam fees are not included and there is a reason for this. When you register for your exams, the ifs School of Training sends out a syllabus and material with the exam registration. Many students know this and many try to learn the syllabus and take the exam using it and fail. If these materials were that easy to understand and learn at home, then most training companies would not exist as there would be no reason for them. However, training companies teaching CeMAP, CeRER and CeFA courses do exist because the ifs School of Training material is difficult to understand, makes heavy reading and the ifs was not set up to handle questions and queries and teach people directly.
In addition, some employers Read more
How organised is your training provider?
August 6, 2009
Training courses of any kind need to be organised well if they are to run smoothly, whether the course is for CeRER, CeFA or CeMAP training or of any other kind.
Before you book onto any training course with any training provider you might want to ask a few questions:
- check how often the training materials are updated. For example, the CeMAP syllabus changes twice a year as does the CeFA syllabus, so you need to be sure Read more
Training in the recession: CeRER training
July 12, 2009
The CeRER qualification is one that can only be taken if you already have your CeMAP qualification although you don’t have to be a practicing mortgage advisor.
When you get your CeMAP qualification, you are qualified as a trainee mortgage advisor although you still have to undergo your Competent Advisor Status (CAS) to be fully qualified. However, you are not able to advise on equity release mortgages and products; these are deemed a specialist product and the people Read more
CeRER training required for equity release products
July 1, 2009
Recently we touched upon CeRER training in an article discussing the findings of a survey from RBS Reverse Mortgages, which showed why more people are using equity release mortgages (also called reverse mortgages) and surprisingly, it was not just to indulge themselves by spending the children’s inheritance but to fund their retirement.
Critics of equity release say that it Read more
