Financial Services Authority.... On the 31st October 2004, a new law came into effect compelling all companies and individuals providing advice on mortgage schemes to be compliant with law, either by being directly authorised by the Financial Services Authority or by joining a network as an appointed representative. Unless the person or company, giving financial advice has been directly approved or is an appointed representative of an authorised network they cannot give any advice or arrange a mortgage. - Eden Asset Finance Limited is directly approved and Regulated by the Financial Services Authority.
| | - Eden holds a Consumer Credit Licence issued by the Office of Fair Trading.
| - Eden has professional Indemnity cover in excess of one million pounds as required by the FSA.
| - Eden’s knowledge of the UK lending market ensures our clients receive “tailor made solutions” to suit their individual requirements.
| - Eden’s professional approach ensures that our clients always receive added value from Eden by obtaining the most competitive terms with the minimum amount of disruption.
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Many UK mortgage brokers and appointed representatives only deal with a handful of favoured lenders. Unless they can answer YES to all the above questions, they are not able to offer truly impartial advice. The overall cost for comparison is 7.1% APR, the rate is variable and based on a usual case. Our fee is 1% of the loan amount with a minimum of £1500. For example, if your mortgage was for£100.000 the fee would be £1500.The actual rate and fee will depend on your circumstances, please ask for a personal illustration. | 