Approved Qualifications – Lending, Credit and Finance Rules, 2023

Approved Qualifications – Lending, Credit and Finance Rules, 2023 Approved Home Finance Qualification

• Where providing advice in respect of equity release agreements, or approving equity release agreements on
  behalf of a licensee, an individual does not additionally need to hold another qualification from the list of Approved Equity Release Qualifications. Chartered Banker Institute (Formerly the Chartered Institute of Bankers in Scotland) Mortgage Advice and Practice Certificate
• Certificate in Mortgage Advice and Practice (MAPC) (Pre 16/09/2004)
  MAPC bridge paper plus entry requirements (Pre 31/10/2004) Chartered Insurance Institute Certificate in Advanced Mortgage Advice Certificate in Mortgage Advice
• Mortgage Advice Qualification (MAQ) plus entry requirements
  Financial & Legal Skills Partnership (formerly the Financial Skills Partnership/Financial Services Skills Council (FSP/FSSC)) FLSP Level 3 Advanced Apprenticeship in Advising on Financial Products (Mortgage Advice Pathway) or Level 3 Advanced Apprenticeship in Providing Mortgage Advice The London Institute of Banking & Finance (formerly the ifs University College and the ifs School of Finance/Chartered Institute of Bankers) CeMAP Bridge paper plus entry requirements Certificate in Mortgage Advice and Practice (Post 01/11/2004) Diploma for Mortgage Advice and Practice DipMAP (plus entry requirements)
• Certificate in Mortgage Advice and Practice (CeMAP) (Pre 31/10/2004)

Approved Equity Release Qualifications
Chartered Banker Institute (Formerly the Chartered Institute of Bankers in Scotland) Certificate in Mortgage Advice and Practice (MAPC) (Pre 16/09/2004) Equity Release Mortgage Advice and Practice Certificate (ERMAPC) Lifetime Mortgage Advice and Practice Certificate MAPC Bridge paper plus entry requirements (Pre 16/09/2004) Chartered Insurance Institute Certificate in Equity Release (Formerly known as Certificate in Financial Planning and Lifetime Mortgages) Mortgage Advice Qualification (MAQ) plus entry requirements The London Institute of Banking & Finance (formerly the ifs University College and the ifs School of Finance/Chartered Institute of Bankers) CeMAP bridge paper plus entry requirements (Pre 31/10/2004) Certificate in Mortgage Advice and Practice (CeMAP) (Pre 31/10/2004) Certificate in Regulated Equity Release (Formerly known as Certificate in Lifetime Mortgages)