SOLLA Home Reversion Gap Fill
This online knowledge test is designed as a gap fill specifically for advisers holding CF7 (Certificate in Financial Planning and Lifetime Mortgage Activities) but not the now withdrawn HR1 (Home Reversion Plans).
Please note the following:
- Knowledge of home reversion (HR) schemes is required to be evidenced in order to meet the equity release qualification requirements for Standard 1 of the Later Life Adviser Accreditation (LLAA)
- Home reversion revision material has been supplied by the London Institute of Banking & Finance (LiBF), testing of this knowledge is overseen by SOLLA
- The online test consists of 10 multiple choice questions which must be completed within 30 minutes, the pass mark is 80%
- Evidence of successful completion will need to be uploaded to your LLAA application along with your CF7 certificate
- CPD of 2 hours will be awarded for successful completion
Please note that this a requirement of SOLLA and does not in any way authorise the adviser to give regulated Home Reversion advice
Download the revision material
Check your understanding