Home › International Academy › United Kingdom › Practice exam United Kingdom · independent exam preparation UK CeMAP Practice Exams: Mortgage Advice and Practice Prepare for CeMAP themes with 10 independent mock sets covering UK financial regulation, mortgage products, affordability and advice application.
Choose one of 10 practice sets Question 1 of 20
1. Which statement best describes Affordability assessment? Review of income, expenditure, commitments and financial resilience A rate that may change under the mortgage terms A lender-managed variable rate commonly applying outside a special deal An interest rate fixed for a stated initial or contractual period
2. Which pairing is NOT accurate? Interest-only mortgage — Payments generally cover interest while a repayment strategy addresses capital Capital repayment mortgage — Payments generally cover interest while a repayment strategy addresses capital Loan-to-value — Mortgage amount expressed as a percentage of property value Affordability assessment — Review of income, expenditure, commitments and financial resilience
3. Which term matches this description: “An interest rate fixed for a stated initial or contractual period”? Early repayment charge Standard variable rate Fixed mortgage rate Variable mortgage rate
4. Which statement best describes Advice record? Mortgage amount expressed as a percentage of property value Documentation explaining customer needs and the basis of a recommendation Payments generally cover interest while a repayment strategy addresses capital Payments reduce interest and loan principal over the term
5. Which statement best describes Capital repayment mortgage? Payments generally cover interest while a repayment strategy addresses capital Payments reduce interest and loan principal over the term Review of income, expenditure, commitments and financial resilience Mortgage amount expressed as a percentage of property value
6. Which pairing is accurate? Mortgage illustration — A prescribed document presenting key features and projected costs Variable mortgage rate — A rate that may change under the mortgage terms Early repayment charge — A fee that may apply when repaying during a specified period Standard variable rate — A lender-managed variable rate commonly applying outside a special deal
7. Which term matches this description: “A rate that may change under the mortgage terms”? Early repayment charge Mortgage illustration Standard variable rate Variable mortgage rate
8. Which term matches this description: “An organisation maintaining credit-related information used in assessments”? Credit reference agency Advice record Capital repayment mortgage Buildings insurance
9. Which pairing is accurate? Loan-to-value — Mortgage amount expressed as a percentage of property value Fixed mortgage rate — An interest rate fixed for a stated initial or contractual period Affordability assessment — Review of income, expenditure, commitments and financial resilience Interest-only mortgage — Payments generally cover interest while a repayment strategy addresses capital
10. Which statement best describes Buildings insurance? Documentation explaining customer needs and the basis of a recommendation Payments generally cover interest while a repayment strategy addresses capital Payments reduce interest and loan principal over the term Property cover commonly required by mortgage conditions
11. Which pairing is NOT accurate? Advice record — Documentation explaining customer needs and the basis of a recommendation Buildings insurance — Property cover commonly required by mortgage conditions FCA regulation — An organisation maintaining credit-related information used in assessments Credit reference agency — An organisation maintaining credit-related information used in assessments
12. Which term matches this description: “Mortgage amount expressed as a percentage of property value”? Variable mortgage rate Loan-to-value Fixed mortgage rate Affordability assessment
13. Which term matches this description: “Documentation explaining customer needs and the basis of a recommendation”? Loan-to-value Capital repayment mortgage Advice record Interest-only mortgage
14. Which pairing is NOT accurate? Credit reference agency — An organisation maintaining credit-related information used in assessments Mortgage illustration — The conduct framework applying to regulated UK mortgage activities FCA regulation — The conduct framework applying to regulated UK mortgage activities Buildings insurance — Property cover commonly required by mortgage conditions
15. Which term matches this description: “A prescribed document presenting key features and projected costs”? Mortgage illustration Buildings insurance Credit reference agency FCA regulation
16. Which pairing is NOT accurate? Interest-only mortgage — Mortgage amount expressed as a percentage of property value Affordability assessment — Review of income, expenditure, commitments and financial resilience Fixed mortgage rate — An interest rate fixed for a stated initial or contractual period Loan-to-value — Mortgage amount expressed as a percentage of property value
17. Which statement best describes Interest-only mortgage? Payments generally cover interest while a repayment strategy addresses capital Mortgage amount expressed as a percentage of property value Review of income, expenditure, commitments and financial resilience An interest rate fixed for a stated initial or contractual period
18. Which pairing is NOT accurate? Advice record — Payments reduce interest and loan principal over the term Loan-to-value — Mortgage amount expressed as a percentage of property value Capital repayment mortgage — Payments reduce interest and loan principal over the term Interest-only mortgage — Payments generally cover interest while a repayment strategy addresses capital
19. Which pairing is accurate? Credit reference agency — An organisation maintaining credit-related information used in assessments Capital repayment mortgage — Payments reduce interest and loan principal over the term Buildings insurance — Property cover commonly required by mortgage conditions Advice record — Documentation explaining customer needs and the basis of a recommendation
20. Which term matches this description: “The conduct framework applying to regulated UK mortgage activities”? FCA regulation Buildings insurance Credit reference agency Advice record
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About this preparation module This independent learning resource follows the publicly described topic areas of the named qualification. It is not endorsed by the examination owner and does not reproduce confidential examination questions.
Practice format Choose any of 10 mock sets. Every set offers a 20-question mini test or a 50-question full practice exam with explanations.
Official source and current requirements Always verify the current syllabus, eligibility, timing and rules with the examination owner. View the official information source .
Frequently asked questions Are these official examination questions? No. Every question is independently written for educational practice and no affiliation or endorsement is implied.
Which practice mode should I use? Use the 20-question mini test for focused revision and the 50-question full test for longer practice. A practice score is not an official result.
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