Lifetime Mortgage Advice and Practice Certificate (LMAPC)

Course Structure

If a candidate wishes to meet the appropriate qualification requirement on lifetime mortgages then they must complete LMAPC.

To complete the Mortgage Advice and Practice Certificate (Lifetime Mortgages) (LMAPC), candidates must complete all of the following subjects:

• Appropriate Examination 1 - UK Financial Services, Regulation and Ethics (ApEx 1)
• Appropriate Examination 5 - Mortgage Advice (ApEx 5) and Integrated Learning Outcome (H2)
• Appropriate Examination 2 - Investment and Risk (ApEx 2)
• Appropriate Examination 6 - Lifetime Mortgages (ApEx 6) and Integrated Learning Outcome (H3)

Lifetime Mortgages Top-Up  

Anyone who sold lifetime mortgages prior to 31st October 2004 may take a 'top-up' qualification as a form of Continuing Professional Development. This involves passing:

• Appropriate Examination 6 - Lifetime Mortgages (ApEx 6) & Integrated Learning Outcome (H3)

The lifetime mortgages unit is a required subject (appropriate examination) for those who wish to sell lifetime mortgages, who hold MAPC (or equivalent), but did not sell lifetime mortgages before 31 st October 2004. The top-up for individuals in this category consists of:

• Appropriate Examination 2 - Investment and Risk (ApEx 2)
• Appropriate Examination 6 - Lifetime Mortgages (ApEx 6) and Integrated Learning Outcome (H3)

However, if the candidate holds both MAPC and CIP (or an equivalent qualification, e.g. FPC / CeFA) in which case they need only take Appropriate Examination 6.