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By:
James Sharp
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Decks in this class (32)
Topic 1 - Property and mortgage markets
What is the interbank rate what i...,
If the uk has higher interest rat...,
Briefly explain how increasing in...
19
cards
Topic 2 - Types of Borrower
What is a mortgage deed,
If two people take out a mortgage...,
What are the 3 main reasons priva...
37
cards
Topic 3: Mortgage Regulation
What is a mortgage does it only a...,
If a loan is secured against an a...,
What is a legal charge
22
cards
TOPIC 4 - Topic 4: Principles of mortgage and property law
What does conveyance mean,
What does mortgagor mean what doe...,
What are the names of the three s...
64
cards
Topic 5 - Practical aspects of property and mortgage law
What is the purpose of land regis...,
Who is responsible for land regis...,
What details does the land regist...
64
cards
Topic 7 - The legal aspects of property purchase
What is a licenced conveyancer ho...,
What is conveyancing,
One vital role of a solicitor or ...
43
cards
Topic 6 - Buying a property
What are the typical stages of bu...,
What are the two main ways to sel...,
What are the basic principles of ...
33
cards
Topic 8: Regulation and the buying process
When a lender markets their mortg...,
What does mcob stand for,
What is the definition of financi...
71
cards
The role of the mortgage advisor (unit 3)
True or false mortgage advisors a...,
What is the first stage of a mort...,
If a mortgage advisor finds two a...
10
cards
Topic 10 - Assessing the applicant’s financial status (UNIT 3)
Who is ultimately responsible for...,
The proceeds of crime act 2002 an...,
Many lenders specify that mortgag...
30
cards
Topic 11 - Checking the applicant’s credit status (unit 3)
What is a credit bureau,
If a credit search shows the borr...,
What is a payday loan
55
cards
Topic 12: Suitability (unit 4)
When assessing suitability if the...,
How often must the lender carry o...,
What are retirement interest only...
11
cards
Topic 13: Assessing the property (unit 4)
What is vacant possession,
What is a sitting tenant,
What is an assured shorthold tenancy
26
cards
Topic 14 - Valuations and surveys (unit 4)
The 4 different types of valuatio...,
What are the 4 types of valuation...,
True or false building societies ...
36
cards
Topic 15 - Other factors that affect the lending decision (UNIT 4)
What happens if someone doesn t r...,
Can planning permission be given ...,
What is planning permission other...
69
cards
Topic 16 - Financial protection and planning (UNIT 5)
What are the most common causes o...,
In some ways the need to provide ...,
Explain the issues of having a la...
6
cards
Topic 17 - Types of financial protection I (UNIT 5)
Are claims for universal credit m...,
If you are above state pension ag...,
If a benefit is means tested what...
58
cards
Topic 18: Types of financial protection II UNIT 5
What are rider benefits,
One common type of rider benefits...,
For understanding here is an exam...
36
cards
Topic 19 - Protection Advice (unit 5)
What does it mean if an insurance...,
To offer advice on insurance prod...,
Tell me the remedies available to...
18
cards
Topic 20 - Mortgage repayment methods (unit 6)
What is a repayment mortgage made...,
Although there are many mortgage ...,
What is a capital repayment mortg...
20
cards
End of unit not done!!!Topic 21 Topic 21: Using endowment policies for mortgage repayment (Unit 6)
What are the different types of l...,
What is flexible whole of life as...,
What is universal whole of life a...
44
cards
Topic 22: Other repayment vehicles for interest-only mortgages
Tell me about isa mortgages,
What are innovative finance isas,
What underlying investments are a...
37
cards
Topic 23 - Interest-rate options (UNIT 6)
There are multiple ways repay a m...,
What are the ways interest can be...,
Note there are many different pro...
35
cards
Topic 24 - Other mortgage products (unit 6)
What is a foreign currency mortgage,
Tell me about why foreign currenc...,
Tell me the key points relating t...
48
cards
Topic 25: Schemes for specific groups of borrower
How do shared ownership schemes work,
In relation to shared ownership s...,
What is staircasing
56
cards
Topic 26 - Raising additional funds from property
What is a further advance,
To take out a further advance wha...,
Look over 262
49
cards
Topic 27 - Transferring mortgages
From a regulatory perspective a r...,
What is a remortgage,
When remortgaging why should the ...
39
cards
Topic 28: Arrears and debt management (UNIT 6)
What must the lender do if a borr...,
Mcob 13 requires that a borrower ...,
One way lenders can deal with pay...
34
cards
Topic 29 - Lenders’ legal rights and remedies
What is the most commonly used le...,
What are the 5 legal remedies ava...,
A lender has chosen to seek a pos...
34
cards
Exam Questions for Cemap 3
Case study andrew is 29 and a par...,
Case study derek and brenda both ...,
Case study after looking at many ...
15
cards
Exam Questions for Cemap 2 that I didnt know or understand
Alberto took out a second charge ...,
A regulated mortgage contract is ...,
In most circumstances which of th...
92
cards
Times To Remember
How long do lenders need to keep ...
1
cards
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CeMAP 2 & CeMAP 3
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