Expanding into Mortgage Brokering

[Ragnarok]

Hello there,

The company I work for is currently looking at becoming a Mortgage Broker through an existing Call Centre function and was wondering if anyone could give me some info on the requirements...

I think I'm right in saying that my company would need to be FSA Regulated or regulated via a parent company and would need a CCL...

Would the staff need to be CeMAP qualified if they are advising on numerous lenders and not specifically telling a customer to choose Company A over Company B?

If someone could give me a brief checklist/summary of what is required it would be really helpful.

Thanks

[cookie]

Anybody advising and recommending mortgages in the UK needs to be CeMap qualified or equivilant. You will have to be regulated by the FSA or a mortgage network, you will need a CCL and a DPA. It can be a lengthy process, at least 3 months to get permissions from the FSA.

[bigsteve]

Hi,

Give me a call and I will be happy to talk you through the process.

07825633448

Kind regards

Steve