CeMAP Module 1 Course Online — Start Your Mortgage Career in 2026
94 interactive lessons across FRE1 and FRE2, 12 mock exam papers, expert tutor support, and a pass guarantee — all for £99. The first step towards your CeMAP qualification.
How Much Does CeMAP Module 1 Cost?
CeMAP Module 1 (FSRE)
- 94 interactive lessons (FRE1 + FRE2)
- 12 mock exam papers (6 per unit)
- Expert tutor support via email
- Multi-device access (laptop, tablet, phone)
- Pass guarantee (12-month extension)
Planning to Complete All Three Modules?
Full CeMAP Course = £198 — same price, more included
The full course covers all 274 lessons, 30 mock exams, and includes a free Property Development course worth £99. If you plan to complete CeMAP, buy the full course instead.
Get Full Course — £198 →Not sure yet? Try before you buy.
10 free lessons and a sample mock exam — no payment required.
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What Does CeMAP Module 1 Cover?
CeMAP Module 1 covers FSRE — Financial Services, Regulation and Ethics. It’s the first of three modules in the CeMAP qualification and the foundation everything else builds on. You’ll study two units: FRE1 (Industry, Regulation and Key Parties) and FRE2 (Skills, Principles and Ethical Behaviours).
FRE1 takes you through the UK financial services industry, how the FCA regulates it, the role of key organisations, taxation, pensions, investments, and lending products. FRE2 focuses on the ethical framework — conduct of business rules, anti-money laundering, complaints handling, consumer protection, and the principles of good mortgage advice.
Many students find Module 1 the most challenging part of CeMAP because the material is broad. You’re learning an entire industry from scratch. That’s exactly why we’ve built 94 detailed lessons — more than most competitors offer — to break each topic into manageable pieces.
Not sure if mortgage advice is right for you? Module 1 lets you test the waters for £99. If you decide to continue, Modules 2 and 3 are the next step — or you can get the full course for £198 instead.
Level 3 Qualification
Ofqual registered, awarded by LIBF
FCA Approved
Meets Financial Conduct Authority standards
No Prerequisites
Open to everyone — no prior experience required
CeMAP Module 1 Units: FRE1 and FRE2
94 lessons split across two units, both assessed by separate exams.
| Unit | Name | Lessons | Exam |
|---|---|---|---|
| FRE1 | Industry, Regulation and Key Parties | 55 | 40 MCQs (incl. 15 case-study) · 1 hour |
| FRE2 | Skills, Principles and Ethical Behaviours | 39 | 40 MCQs (incl. 15 case-study) · 1 hour |
| Total | 94 | 80 questions · 2 exams | |
FRE1 — What You’ll Study
The financial services industry and its key organisations, the Bank of England and economic policy, FCA regulation and supervision, UK taxation, state benefits, investments and tax wrappers, pensions, life assurance, insurance, lending products, and the legal concepts underpinning financial advice.
FRE2 — What You’ll Study
FCA conduct of business rules, consumer credit regulation, anti-money laundering procedures, data protection, complaints and compensation schemes, consumer rights, and the ethical principles that govern how mortgage advisers must act in their clients’ best interests.
Is CeMAP Module 1 Hard?
Module 1 (FSRE) is widely considered the toughest of the three CeMAP modules. The reason is breadth — you’re covering the entire financial services landscape in two units, from FCA regulation to pensions to anti-money laundering. It’s a lot of ground for someone new to the industry.
That said, you don’t need any financial background to pass it. The 94 lessons in this course break each topic into focused, manageable sections. The 12 mock exams (6 per unit) let you test yourself under real exam conditions before sitting the actual assessment. Each mock mirrors the format you’ll face: 40 multiple-choice questions per unit, including 15 case-study style questions.
Most students complete Module 1 in 6–10 weeks, studying a few hours per week. You have 12 months of access, with a free 12-month extension if you need it. There’s no rush — the pass guarantee means you won’t lose access before you’re ready.
Can I Get a Job with Just CeMAP Module 1?
Module 1 alone doesn’t qualify you to give mortgage advice — you need all three modules for that. But passing FSRE does something valuable: it proves to employers that you’re serious about a career in financial services.
Mortgage brokerages and networks regularly hire trainee mortgage administrators who are partway through CeMAP. Passing Module 1 puts you ahead of candidates who haven’t started. Some employers will even sponsor your Modules 2 and 3 study while you work.
Once you’ve completed all three modules, the earning potential is strong. Starting salaries for mortgage advisers are typically around £30,000, with the UK average sitting around £45,000. Experienced advisers can earn £65,000 or more, with bonuses and car allowances on top.
After qualifying, you can also specialise with CeRER (equity release), pursue the CeMAP Diploma (Level 4), or move into broader financial advice with DipFA.
What’s Included in the CeMAP Module 1 Course?
Everything you need to pass FSRE, in one package for £99.
Mock Exams
Every mock mirrors the real LIBF exam format, including case-study style questions. Designed in-house and mapped to the current 2025/26 syllabus. Need more practice? View standalone CeMAP mock exams →
Also Included
Expert tutor support via email from mortgage industry professionals
Access on any device — laptop, tablet, or smartphone
Pass guarantee — 12-month extension if you haven’t passed by expiry
TOTUM Pro student discount card
Why Study CeMAP Module 1 with uAcademy?
Updated to 2025/26 LIBF Spec
Built around the latest LIBF specification. Current FRE1/FRE2 unit structure, accurate exam format, and up-to-date regulatory content — not recycled material from previous years.
£99 — Better Value Than Most
Competitors charge £245 to £645 for Module 1 alone. You get 94 lessons, 12 mock exams, and tutor support for £99. Compare that before you decide.
Pass Guarantee
Haven’t passed by your 12-month expiry? We’ll extend your access for another 12 months free. No questions asked.
Expert Tutor Support
Our tutors have decades of mortgage industry experience. Email them any time — you’ll get clear, practical guidance on the topics you’re finding tricky.
What Is the uAcademy Pass Guarantee?
If you’ve purchased the Module 1 course and haven’t passed your FSRE exams by your 12-month expiry date, we’ll extend your access for an additional 12 months free of charge. Just send us a message — no questions asked.
We offer this because we’re confident in the quality of our materials. With 94 lessons and 12 mock exams, you’ll have everything you need to pass — and the extra time if life gets in the way.
What Is the CeMAP Module 1 Exam Format?
Two separate unit exams under the 2025/26 LIBF specification.
| Unit | Name | Questions | Duration |
|---|---|---|---|
| FRE1 | Industry, Regulation and Key Parties | 40 MCQs (incl. 15 case-study) | 1 hour |
| FRE2 | Skills, Principles and Ethical Behaviours | 40 MCQs (incl. 15 case-study) | 1 hour |
Pass Mark & Grading
Pass mark: 70% per unit
How to Book Your Exams
Create an account on the LIBF registration system and pay the registration fee.
Take FRE1 and FRE2 remotely from home with online proctoring, or at a test centre. First attempt per unit included.
Failed a unit? Rebook just that unit — no need to retake both. Resit fee: £110 per unit, paid to LIBF.
What Our Students Say
“The course is relevant and explanations are thorough — even for novices like me! I would recommend this course.”
“I can’t recommend uAcademy enough. The course material is easy to understand and made my CeMAP learning journey so much better. For someone who finds it difficult to learn this was a more approachable and appealing learning process.”
“The registration and commencement of this course through uAcademy has been faultless. The course is well structured, professional and presented to a high standard.”
“Highly recommended. The CeMAP course is well structured and easy to follow. Would defo recommend!”
Hear From Our Students
Real students, real results — watch their CeMAP journey with uAcademy.
What Courses Can I Do After CeMAP Module 1?
Module 1 is the first step. Here’s where you go from here.
Frequently Asked Questions About CeMAP Module 1
What does CeMAP Module 1 cover?
How much does CeMAP Module 1 cost?
What is the CeMAP Module 1 exam format?
Is CeMAP Module 1 hard?
How long does CeMAP Module 1 take to complete?
Should I buy CeMAP Module 1 or the full CeMAP course?
Can I get a job with just CeMAP Module 1?
What is the CeMAP Module 1 pass mark?
What happens if I fail a CeMAP Module 1 exam?
Do I need to register with LIBF separately?
Have a question that’s not listed here? Visit our full FAQ page or learn more about uAcademy.
Start CeMAP Module 1 Today
94 interactive lessons. 12 mock exams. Expert tutor support. Pass guarantee. All for £99.
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uAcademy provides CeMAP training materials and mock exams. The CeMAP qualification is awarded by The London Institute of Banking & Finance (LIBF), part of Walbrook Institute London. To sit official exams, students must register separately with LIBF and pay the associated registration fee. Students who are not registered with LIBF will not be able to take the exams or receive a licence to practise. Salary figures are approximate and vary by role, experience, location and employer.
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