CeMAP Module 3 (ASEW) case studies
CeMAP Module 3 (ASEW) · Put your knowledge to work in context.
CeMAP Module 3 - Applied Studies in an Ever-Changing World (ASEW) - is the final unit of the CeMAP qualification for mortgage advisers in the UK. Modules 1 and 2 build regulation and mortgage knowledge; Module 3 tests whether you can apply both to realistic client situations, weighing affordability, suitability, product choice, protection needs, tax and legal detail, and conduct obligations in one reasoned recommendation. The CeMAP Module 3 (ASEW) case studies are 5 cases and about 4,304 words.
1Maximum borrowing after a jump in self-employed income
Priya, 34, is an NHS staff nurse earning £41,200 and is covered by NHS sick pay. Daniel, 37, has been a sole trader graphic designer for two years and seven months; his SA302 shows net profit of £52,400 for 2024/25 and £38,900 for 2023/24.
824 words, about 4 min2Part interest-only and choosing between a two-year and five-year fix
Marcus, 45, is remortgaging his £420,000 flat. The mortgage has £240,000 outstanding with 19 years left, and his current fix has just ended, so no early repayment charge applies.
877 words, about 4 min3Allocating a £110 protection budget for a family with uneven sick pay
Aisha, 39, is a teacher earning £43,000; her occupational pension includes a death-in-service lump sum of three times salary and dependants' pensions. Her employer pays six months' full pay and six months' half pay before statutory sick pay.
845 words, about 4 min4Gifted deposit from overseas, a possible PEP, and a partner's enquiry
Elena, 38, a UK-based pharmacist, is buying a £365,000 flat with a £240,000 mortgage and a £125,000 deposit. She says £70,000 of the deposit is a gift from her father, Raymond, a retired permanent secretary at a West African finance ministry who lives overseas.
869 words, about 4 min5Equity release to fund a roof and a grandson's deposit
Margaret, 74, owns her £380,000 home outright. Her income is State Pension plus a small annuity, about £16,800 a year, and she has £14,000 in savings.
889 words, about 4 min