|FSA (Financial Services Authority) Compliance: Business Card - The Financial Conduct Authority requires that we provide every client with a copy of my business card giving details of my full contact details and source of regulatory approval. You will receive a business card at our first meeting or our first exchange of correspondence, but you may also download a copy from here at any time.
Initial Disclosure Disclosure (IDD) - ‘Keyfacts about our Services’. Explains what mortgage and insurance products we have access to, what services we provide, what we charge for our services and who the owners of our authorising network are. This document is not applicable to most buy to let and commercial mortgages.
Client Agreement - Explains the terms on which we will do business with, details our complaints process and the Financial Services Compensation Scheme which you may have access to if we cannot meet our obligations, together with our Data Protection policy information. We need to exchange signed copies of this document with clients.
The three documents above are what you must receive at our initial exchange of information (we will provide these at our first meeting, email exchange after any initial enquiry or postal communication - but you can download them from here at any time)
Subsequently, through the sales process for any mortgage or insurance the client will receive .....
..... these are individually produced specifically based on your circumstances and application. Those marked * will require your signature and return. Brochures: Child Maintenance Insurance Plan - this unique plan combines a selection of policies based on specifically you and yourex-partners circumstances, placed in a purpose designed trust, to give the best possible protection to the ongoing provision of the initially agreed maintenance payments over the full term of the agreement. First Time Buyer’s Guide - this guide is designed to explain the basics of the options and considerations facing first time buyers today in what is almost certainly the biggest financial decision of their lives. Home Protection Plan - This guide highlights the opportunity to protect the family home from disposal as a result of future care home costs, briefly describing some of the relevant regulations and the strategies that apply. Information Sheets: Share Equity/Shared Ownership - some information designed to help you consider whether this form of property arrangement will suit your circumstances You and the estate agent - some notes and reference sources that may be helpful for you if an estate agent is unwilling to provide information or process your offer unless you go through financial checks or take other services from them. A copy of the relevant regulations that you may wish to provide your estate agent as a ‘reminder of the rules’. Stamp Duty - a layman’s guideline to Stamp Duty and how it applies in various circumstances. FSA Guide to Buy to Let Mortgages - factsheet provided by the Financial Services Authority Sample Reports: Hometrack - a sample Hometrack Online Valuation and Detailed Market Report (you can order a report for your property or a property you are interested purchasing from here)
- a mortgage illustration (Keyfacts) for the recommended mortgage and any application being made
- an insurance quotation and policy summary(Keyfacts) document(s) for any application being made
- the Factfind document used to collect data for the client(s) in order to enable advice to be given *
- the mortgage and/or insurance application, declaration/direct debit document for any application made on behalf of a client *
- a ‘product confirmation letter’ (mortgage) or ‘demands and needs letter’ (insurance) explaining the advice given *