Reviews and Ratings for Financial adviser Keith Hunter, London

Regulatory Statement

About Us

Ashleigh Mortgages is a trading name of Keith Hunter and is authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 628591.

Registered office address for Ashleigh Mortgages is Portland House Belmont Business Park Durham DH1 1TW.

The FCA does not regulate some investment mortgage contracts.

Calls may be recorded for training and monitoring.

Keith Hunter is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority is the principle regulatory body for Financial Services in the UK. The Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS Tel: 020 7066 1000 or by visiting their website http://www.fca.org.uk/site-info/contact.

Fees

We do not charge a fee for our qualified mortgage advice, this we provide free. Their is a large amount of work/administration and skill getting your application right before it is presented to a lender. In order to cover the costs of staff and fees involved in this work we charge a administration fee This covers the cost of the work involved to make the mortgage application on your behalf, once you have agreed to proceed.

For Residential mortgage applications our fee is £495.00 of which £195.00 is payable at the start and is none refundable, the remainder is payable on completion of your mortgage. (For existing clients who have completed previous mortgages there is a administration flat fee of 295.00)

For Buy To Let mortgage applications our fee is £795.00 of which £195.00 is payable at the start and is none refundable, the remainder is payable on completion of your mortgage. (For existing clients who have completed previous mortgages there is a administration flat fee of 395.00)

Where a borrower wants to raise additional funds, we will make you aware that in addition to a further advance or remortgage, a second charge or unsecured loan may be more appropriate and we will advise you if this is the case, "we do not charge a fee for this" we are paid a commission from the loan packager who carry out the processing to secure the loan, the fee set by this company is between 3% - 12.5% depending on your circumstances.

Business Buy to Let and Commercial mortgages, are not regulated. Fees for non-regulated mortgages can vary depending on your requirements and circumstances and are looked at on a case by case basis. We use various companies to provide this service and you will be informed of the fees charged by the appropriate company for you to make a decision as to how you wish to proceed.

You will receive a Key Facts Illustration or European Standardised Information Sheet when considering a regulated mortgage, which will describe any fees relating to it.

Non-investment insurance

Non-investment protection contracts - we will provide you with price information only after you have provided us with your demands and needs for a particular type of product and cover, you will then need to make your own choice about how to proceed.

General insurance contracts – we will provide you with price information only after you have provided us with your demands and needs for a particular type of insurance, you will then need to make your own choice about how to proceed.

Cancellation

The authority to act on your behalf may be terminated at any time without penalty by either party giving seven days notice in writing to that effect to the other, but without prejudice to the completion of transactions already initiated. Any transactions effected before termination and a due proportion of any period charges for services shall be settled to that date.

Certain protection and insurance contracts allow you the right to cancel after a contract has been put in force. Prior to you entering into a contract of protection or insurance the insurer will provide you with specific details should this apply it will include: its duration; conditions, practical instructions and any costs for exercising it, together with the consequences of not exercising it.

Taxes

Other taxes or costs may exist which are not paid through us or imposed by us. Should you be purchasing or remortgaging a Buy To Let property it is understood that you have took advice from a suitably qualified accountant and understand the tax implications of any investments you make.

Your money

We do not handle client money in any instance .

Risk warning

Your home may be repossessed if you do not keep up repayments on your mortgage Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured against it.

If you are thinking of consolidating existing borrowings you should be aware that the new loan may take longer to pay off than your previous loans, this means you may pay more than if you did over a shorter period. If you choose a variable rate loan the cost of your payments may increase.

If your mortgage with us involves raising additional monies (either because you’re taking a further advance or remortgaging from another lender), we’re required to inform you that alternative finance options may be available and more appropriate. These could include staying with your existing lender, taking a second charge loan with another provider, or an unsecured loan.