General
The Mortgage Source is a trading name of Investment Finance UK Limited, registered in England No. 4644110. Investment Finance UK Ltd trading as The Mortgage Source offer(s) a range of financial planning services. All calls to Investment Finance UK Ltd may be recorded for training and monitoring purposes. The mortgage quote you will receive on this website will not contain all of the details you need to choose a mortgage. Loans subject to status, type and value of property. Insurance may be required. Make sure that you read the separate key facts illustration before you make a decision about your mortgage.
Regulatory Status
The Financial Services Authority is the principle regulatory body for Financial Services in the UK. They can be contacted at : The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS. Tel: 020 7066 1000 or by visiting their website
http://www.fsa.gov.uk/contact . The FSA does not regulate credit cards, unsecure and personal loans or some investment mortgage contracts. Consultants at Investment Finance UK Ltd are members of The NACFB, The National Association of Commercial Finance Brokers.
Remuneration / Fees for UK Properties
Investment Finance UK Limited may receive procuration fees from Mortgage lenders. We will confirm the amount to you in writing before you take out your mortgage. Any fees payable by you, in connection with your new mortgage, will be shown on each product illustration. Please note that these fees exclude any legal fees you may have to pay and we recommend that you ascertain what these fees may be prior to taking out your mortgage. We do not charge a fee for residential mortgage advice; however there is an administration fee for processing each of your standard residential mortgage contracts. The typical administration fee is £499. In addition, we receive commission from the lender. Alternatively for residential applications, you may pay a fee of 1% and any commission received from the lender will be returned to you after completion. Eg. On a mortgage of £250,000 the fee payable on application would be £2,500. For impaired credit lending the typical fee is up to 1% of the mortgage loan. For Buy to Let and Commercial Mortgages a broker fee of up to 1% of the mortgage loan size applies. In addition we may receive procuration fees from the mortgage lender.
Communication
At our discretion and unless we hear from you to the contrary we may email or telephone you from time to time between the hours of 9am to 9pm without your further prior consent to such contact. We will not do so for the purpose of qualifying credit promotions unless you have expressly given us permission to do so, or you are an established existing customer. When you join Investment Finance UK Ltd, we will send you marketing email updates on our products and services, according to the information you provide at the point of registration. You will be given the opportunity and instructions on how to unsubscribe from these emails when you register and on each marketing email we send to you.
Identity Verification
We are required to verify your identify in accordance with the Criminal Justice Act 1993 and the Money Laundering Regulations. This will be required at the outset of our dealings with you and we will not submit an application for a mortgage or term assurance policy of other financial product until such verification has been obtained.
Terms & Conditions