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Tricon Ltd
& e-mortgage-uk
INITIAL DISCLOSURE DOCUMENT AND TERMS OF BUSINESS
Key facts about
our mortgage services
Tricon Limited and e-mortgage-uk are
regulated and authorised by the Financial Services Authority to arrange
mortgages.
A printed version of
this document will be sent to you with our application package for signature
when you apply for a mortgage. Enquiries to Tricon Limited may only be made
by completing the on-line enquiry form.
What do we provide?
The service we provide is on a Non Advised basis. We do carry out the entire
process of arranging your mortgage. We do not provide mortgage advice, we do
not recommend that you take out a particular mortgage. We provide
information on one or more mortgages to enable you to make an informed
choice.
Whose mortgages do we offer?
The mortgages we arrange are
from the whole of the market for shared ownership mortgages for brokers.
We are not tied to a specific lender.
What will you have to pay us for this
service?
We will charge you a
fee of £695 to source,
place and arrange your mortgage. This fee is payable by credit card upon
receipt of your mortgage offer. There is no charge if we do not obtain a
mortgage offer. There is no up front charge for this fee. Some mortgages
allow the fee to be included. We may be paid a commission by the lender we
arrange your mortgage with. This will be clearly shown in the keyfacts
illustration.
We will charge you a fee of £25 if, for any reason, you cancel your mortgage
application.
Up-front fees
No
request will be made for up-front fees other than those charged by the
lender such as booking fees for certain products. A valuation fee, unless a free valuation is on
offer, will be required later in the application process. We will advise you
when this due and we require payment by credit card.
Up-front fees
No
request will be made for up-front fees other than those charged by the
lender such as booking fees for certain products. A valuation fee, unless a free valuation is on
offer, will be required later in the application process. We will advise you
when this due and we require payment by credit card.
Confidentiality
We will
treat all your personal information as private and confidential
(even when you are no longer a customer) except where we are
permitted by Law or where disclosure is made at your request or
with your consent in relation to arranging your mortgage. You
have the right of access under the Data protection Act 1998 to
your personal records held on our files.
Please note that to obtain an agreement in
principle from a lender this
will require a full credit search. This search may also reveal
persons linked to your address and a search may leave a
footprint on your credit file and possibly any person or persons
linked to you or your address. For us to assess your enquiry if
you inform us you have an adverse credit history we will search
the register of county court judgments before we match your
enquiry to one or more products. By completing the enquiry form
you automatically agree to this.
By submitting an enquiry to Tricon Limited or e-mortgage-uk you accept all the
above conditions.
What to do if you have a
complaint
We aim to provide you with a
first class professional and confidential service. We have
internal procedures for handling complaints fairly and promptly
and should a complaint arise you should contact our
Compliance Officer at Tricon
Ltd.
PO Box 8 Abingdon, Oxon. OX14 4GT or telephone 01235
521557.Thereafter should the complaint not be resolved to your
satisfaction we will assist you in resolving it by referring it
to the Financial Ombudsman Service scheme of which we are
members.
Are we covered by the
Financial Services Compensation Scheme (FSCS)?
Yes we are. In the event that you
may be entitled to compensation for loss and the firm cannot
meets its obligations the FSCS will provide a certain level of
compensation. You may find further details about the FSCS at www.fscs.org.uk
Think carefully before securing other debts
against your home. Your home may be repossessed if you do not
keep up repayments on your mortgage.
Tricon
Ltd
PO Box 8
Abingdon
Oxon. OX14 4GT
Telephone 01235 521557. Fax. 01235 206121
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