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United Kingdom · Qualification

CeMAP 2: Mortgages (MORT)

It’s the mortgage module of the Certificate in Mortgage Advice and Practice (CeMAP), with two units: MRT1, Mortgage Law, Practice and Application, and MRT2, Mortgage Products and Post Completion. CeMAP 2 covers the house-buying process, types of borrower, affordability and the mortgage products you’ll advise on, and each unit has its own exam with the London Institute of Banking & Finance (LIBF).

  • 2Units, each with its own exam
  • £320Module fee when booked on its own
  • 1 hourTime for each unit exam
Where to study

Updated October 2026 · Written from official sources, listed at the bottom of this page

What MRT1 covers

  • How mortgages and regulated mortgage contracts are defined, including second charge loans, and the main Mortgages and Home Finance: Conduct of Business (MCOB) rules
  • Types of borrower, from private residential borrowers to buy-to-let investors, people with impaired credit and those who can’t borrow
  • The property market, interest rates and the UK lending sector
  • The adviser’s role: affordability, suitability, risk, the mortgage term and checking what customers tell you
  • Guarantors, extra security and higher lending charges
  • Fees for buying a property, arranging a mortgage and getting advice
  • Property defects, what affects a property’s value, and the different valuations and surveys
  • Buying at auction

What MRT2 covers

  • Raising more money: further advances, remortgages, second charge loans, bridging finance and lifetime mortgage drawdowns
  • Changing a mortgage: moving lender, porting, adding or removing a borrower, overpaying and repaying early
  • Debt consolidation and its risks
  • Arrears, mortgage warnings and the remedies lenders have when borrowers don’t pay
  • Repayment and interest-only mortgages, the main interest rate types and products such as offset, self-build, shared ownership and Islamic home finance

CeMAP 2 exam marks and grades

UnitPassMeritDistinction
MRT1354045
MRT2283236

MRT1 has 50 questions and MRT2 has 40, all standalone multiple choice, one mark each, taken online. The marks needed are 70%, 80% and 90% of the total.

How the CeMAP exams work →

Should you take CeMAP 2 before CeMAP 3?

There’s no fixed order for the three modules, but LIBF recommends finishing CeMAP 2 before CeMAP 3. CeMAP 3 is a case-study exam that mainly tests what you learned in MRT1 and MRT2, so it makes sense to sit it last. LIBF also notes that, because CeMAP 2 is closer to day-to-day adviser work, many learners choose to start with it.

CeMAP 3: the case-study exam →
Sources: LIBF and 1 more. Checked October 2026.

Rules and fees can change, so check the official site before your test.

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