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Equity release exam support

Equity release hub

Welcome to the equity release exam support page.  Simply click on the chapter you are interested in to review the revision materials. 

The modules are supported by self test questions and answers, to allow you to test your knowledge.

ER1 - chapter 1

By the end of this summary you will know the definition of equity release, home reversion plans, lifetime mortgages and alternative methods of releasing equity.

ER1 chapter 1 summary

ER1 chapter 1 quick quiz

ER1 - chapter 2

By the end of this summary you will understand the regulation of lifetime mortgages including the main sources of reference and product disclosure requirements.

ER1 chapter 2 summary

ER1 chapter 2 quick quiz

ER1 - chapter 3

By the end of this summary you will understand the regulation of home reversion plans including the main sources of reference.

ER1 chapter 3 summary

ER1 chapter 3 quick quiz

ER1 - chapter 4

By the end of this summary you will understand the range of product providers and customer types.

ER1 chapter 4 summary

ER1 chapter 4 quick quiz

ER1 - chapter 5

By the end of this summary you will understand the need for equity release, the types of products features and options available in the marketplace.

ER1 chapter 5 summary

ER1 chapter 5 quick quiz

ER1 - chapter 6

By the end of this summary you will understand the equity release application process.

ER1 chapter 6 summary

ER1 chapter 6 quick quiz

ER1 - chapter 7

By the end of this summary you will be able to explain the implications of releasing equity on personal taxation and State and other benefits.

ER1 chapter 7 summary

ER7 chapter 7 quick quiz

ER1 - chapter 8

By the end of this summary you will be able to explain the obligations, method, identifying suitability and ethical standards required when giving advice in relation to equity release.

ER1 chapter 8 summary

ER1 chapter 8 quick quiz

ER1 - chapter 9

By the end of this summary you will be able to describe the administrative aspects of changes in circumstances including leaving the property on death / long-term care in relation to equity release.

ER1 chapter 9 summary

ER1 chapter 9 quick quiz

ER1 - chapter 10

By the end of this summary you will be able to describe the process for managing complaints and the main organisations which have been established to deal with them.

ER1 chapter 10 summary

ER1 chapter 10 quick quiz

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WA11034 05/2018