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ASEW · Mortgage Advice and Sales Standards
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Mortgage Advice and Sales Standards

Difference between advised and non-advised sales, when executiononly is permitted, and the suitability statement requirement.

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Key points

Question 3

Which term matches: "Governs the advising and selling process for regulated mortgages"

Question 4

What does "Advised sale" mean?

Question 5

Match each term in "Key points" to its meaning

Tap a term, then tap its matching definition.

Question 6

Fill in the blank

______ — No recommendation; customer decides; limited to specific

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What the exam tests

Difference between advised and non-advised sales, when executiononly is permitted, and the suitability statement requirement.

Question 8

True or false?

Difference between advised and non-advised sales, when executiononly is permitted, and the suitability statement requirement