Fraud and Risk Management In the current market, it is extremely important to be as vigilant as possible to protect your business from fraud and other risks. If you inadvertently find yourself caught up in a fraud-related application, you could risk losing your agency with the lender and your membership with The Network. The following […]
FRR1 – Types of Fraud Read More »
Not every product sold by Connect is regulated by the FCA For example, Business BTL, that is any BTL that does not get categorised as a Consumer BTL, is NOT regulated by the FCA. This represents the majority of BTL transactions in the industry. Also, any sales of loans or mortgages made to Limited Companies
FCP3 – What products are not regulated by the FCA? Read More »
Just because someone has been approved by the FCA and has an FCA number, this does not mean that the person approved has the permission to provide advice on all products. There are 2 ways to obtain permission to provide advice: Directly Authorised An application for authorisation is submitted directly to the FCA. To become
FCP1 – Obtaining permission Read More »
THE BELOW IS A CLIENT GUIDE TAKEN FROM ‘THE MONEY ADVICE SERVICE’ Buying a home is the largest purchase you’re likely to make. Before you arrange your mortgage, make sure you know what you can afford to borrow. This guide will help you to find out where to get a mortgage, the different types and
BMU1 – Mortgages, a beginner’s guide Read More »
