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About Us |
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| Contact me on Skype! | Personal Mortgages ...could save you thousands of pounds! |
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| You get a good deal….from Personal Mortgages. | ||||||||||||
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The FSA is the UK's financial watchdog set up by government to regulate financial services and protect your rights. Its standards require firms to be competent, financially sound and to treat their customers fairly. Mortgage brokers must be authorised by the FSA (Financial Services Authority) or must be an appointed representative of an authorised firm. This means they have to follow FSA rules when dealing with you. For example they have to give you certain documents with the ‘Keyfacts’ logo. Keyfacts documents are set out in a standard format to help you compare different services and products with each other. The two mortgage keyfacts documents are: ‘Keyfacts about our mortgage services’ and ‘Keyfacts about this mortgage’ (sometimes called a Key Facts Illustration or KFI). Provided you deal with an authorised firm or the appointed representative of an authorised firm, you will have access to complaints and compensation arrangements. Think carefully before securing other debts against your home. Your property may be repossessed if you do not keep up repayments on your mortgage. A typical fee of £395 will be charged on completion.
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