Tailored Mortgages Ltd

Equity Release Specialist

HOME ABOUT US PRODUCTS CONTACT US KEY FACTS

 

 

about our equity release services
 Tailored Mortgages Limited  

4a Rose Green Road

Rose Green

Bognor Regis

West Sussex

PO21 3EX

1. The Financial Services Authority (FSA)
The FSA is the independent watchdog that regulates financial services. It requires us to give you this document. Use this infomation to decide if our services are right for you.
2. Whose Products do we offer?
X
We offer equity release products from the whole market
  We offer equity release products from a limited number of companies.
  We offer equity release products from a single company.
3. Which service will we provide?
X
We will advise and make a recommendation for you on equity release products after we have assessed your needs.
  You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of equity release products that we will provide details on. You will need to make your own choice about how to proceed.
4. What will you have to pay us for this service?
  No fee [we will be paid by commission from the provider]
X
A fee of £495 payable when you apply for an equity release product. We will also be paid commission from the lender.
You will receive a key facts illustration when considering a particular equity release product which will tell you about any fees relating to it.
5. Who regulates us?

Tailored Mortgages Limited, 4a Rose Green Road, Rose Green, Bognor Regis, PO21 3EX is authorised and regulated by the Financial Services Authority. Our FSA Register number is 301173.

Our permitted business is advising and arranging lifetime mortgages and home reversion plans.

You can check this on the FSA's Register by visiting the FSA's website www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234

6. What to do if you have a complaint

If you wish to register a complaint, please contact us:

....in writing Write to Adrian Foulks, Tailored Mortgages Ltd, 4a Rose Green Road, Rose Green, Bognor Regis, PO21 3EX

....by phone Telephone 01243 261945

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Equity release advising and arranging is covered for 100% of the first £30,000 and 90% of the next £20,000 so the maximum compensation is £48,000.

Further infomation about the compensation scheme arragements is available from the FSCS.

Message from the Financial Services Authority

Think carefully about this infomation before deciding whether you want to go ahead.

If you are at all unsure about which equity release transaction is right for you, you should ask your adviser to make a recommendation

 

 

Your home may be repossessed if you do not keep up with repayments on your mortgage.
Tailored Mortgages Limited are authorised and regulated by the Financial Services Authority.