ER1 exam questions you can practise online

What ER1 exam questions look like

The real CII ER1 exam uses 75 multiple-choice questions in 2 hours (70% pass mark): 50 standalone MCQs plus 5 case studies with 5 MCQs each. Questions test applied understanding of equity release definitions, lifetime mortgages, home reversion, MCOB, benefits, tax and suitability — not isolated definitions alone.

Candidates often search for “ER1 exam questions” because official past papers are limited. Fresh practice in the same style helps you check whether you can apply the syllabus under exam-style pressure.

How our ER1 exam questions work

We create original ER1-style questions for online practice. You can:

• Try free learning outcome 1 samples with no account
• Run 10-question learning outcome tests across all eleven syllabus outcomes
• Sit a full 75-question mock exam
• Read a short explanation after each answer so gaps close while the stem is still fresh
• Track scores by topic once you have an account

Practice uses standard four-option single-answer MCQs — the same core format as the ER1 paper.

Topics covered by ER1 exam questions

Practice maps to the 2026/2027 ER1 syllabus: FCA product definitions, scheme types, MCOB, lifetime mortgages, home reversion, benefits, tax, risk and suitability.

Start free on LO 1, or browse the full syllabus to see every practice test. For a syllabus-first walkthrough, see our guide to ER1 practice questions.

How to use ER1 exam questions in your revision

1. Read the relevant syllabus / Indicative Content section first so questions test understanding, not guesswork.
2. Drill weak areas with short 10-question tests before attempting a full mock.
3. Always read the explanation, even when you were right, so the rationale sticks.
4. When your scores are consistently strong, sit a timed 75-question paper.
5. Repeat with fresh questions so you learn the material rather than memorising one set.