MRT2: Mortgage Products and Post-Completion

MRT2 covers the product side of mortgage advice, including repayment methods (capital and interest vs interest only), interest rate options (fixed, variable, tracker, discounted), different mortgage product types, specialist lending, fees and charges, and what happens after completion including arrears management and repossession procedures.

Questions: 320
Topics: 9
Access: Premium

What’s in it.

9 topics

Topic 01
Repayment Methods
37 questions
Topic 02
Interest Rate Options
30 questions
Topic 03
Mortgage Product Types
66 questions
Topic 04
Specialist Lending
39 questions
Topic 05
Fees and Charges
30 questions
Topic 06
Arrears Management
30 questions
Topic 07
Legal Rights of Lenders
30 questions
Topic 08
Repossession Procedures
19 questions
Topic 09
Post-Completion Matters
39 questions

Frequently asked questions

2 questions

How many questions are in the MRT2 exam?

MRT2 has 50 multiple-choice questions. You need to score 70% (35 out of 50) to pass.

What mortgage products do I need to know for MRT2?

You need to understand repayment vs interest-only mortgages, fixed/variable/tracker/discounted rates, offset mortgages, flexible mortgages, buy-to-let, shared ownership, Help to Buy, and specialist products like self-build and bridging finance.