Your guide to CeRER
9 July 2015
What is equity release?
Equity release makes it possible for people to access capital from the property they own while still retaining use of that property on the proviso that the money is repaid at a later stage. This is becoming a more popular avenue for homeowners wanting to boost their retirement’s funds using the value of their own home.
What is CeRER?
The Certificate in Regulated Equity Release is an additional qualification that equips you with the extensive knowledge and understanding of equity release, and enables you to offer this advice to clients. The one day CeRER course consists of 2 mandatory units covering the Fundamentals of Equity Release and Equity Release Solutions. Once you have completed the course and undertaken your examination, you will be fully equipped to provide this service to your clients, and subsequently boost your CV with this additional qualification.
How do I become CeRER qualified?
To be able to advise your clients on equity release you must hold the appropriate qualification showing that you have met all the regulatory requirements and that you have developed a thorough knowledge of the equity release field. Before you can undertake your CeRER training, you must already hold the Certificate in Mortgage Advice and Practice (CeMAP) or equivalent, and be aged 17 years or over.
Once you have completed the CeRER course, you can then sit your examination which is 2 hours long and consists of multiple choice questions and case studies with additional questions. Upon successfully completing your CeRER qualification, you will be awarded full certification and be able to use the designation ‘CeRER’ after your name in recognition of your fully qualified status.
What do I do now?
Accredited by IFS University College, CeRER is proving to be an important step forward in people’s careers within the financial services. Simply Academy offer full support from start to finish of your CeRER course. For further details, get in touch with our friendly support team who will be only too happy to offer advice and secure your course booking. We look forward to welcoming you onto your chosen course.