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Mortgage Advice

Mortgage Advisers
FCA Authorisation

Expert regulatory support for mortgage advisers, brokers, and intermediaries seeking FCA authorisation for mortgage and home finance activities.

220+
Firms Authorised
99%
Success Rate
9 wks
Avg Timeline

Mortgage Regulation Landscape

Mortgage advisers provide advice and arrange regulated mortgage contracts, home purchase plans, and equity release products for consumers.

The FCA's MCOB sourcebook sets comprehensive requirements for mortgage advice, including affordability assessments, clear disclosure, and suitability.

FCA authorisation requires demonstrating appropriate qualifications (CeMAP), professional indemnity insurance, and robust suitability frameworks.

Typical Services

  • Residential mortgage advice and arrangement
  • Buy-to-let mortgage broking
  • Equity release and lifetime mortgages
  • Protection insurance alongside mortgages

Key Regulatory Requirements

Professional Qualifications

  • CeMAP (or equivalent) qualification
  • Appropriate mortgage knowledge
  • Continuing professional development
  • Competence assessments

Mortgage Advice Process

  • Affordability assessments
  • Suitability reports
  • Disclosure of fees and commissions
  • Clear client communications

MCOB Compliance

  • Key Facts Illustration (KFI) provision
  • Initial disclosure documents
  • Product transfer guidance
  • Vulnerable customer support
£

Financial Resources

  • Base capital: £20,000 (MIPRU firms)
  • PI Insurance: minimum £1.6m
  • Adequate working capital
  • 3-year financial projections

Ready to Get Authorised?

Speak with our mortgage advice regulatory specialists to discuss your FCA authorisation.

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