The Financial Conduct Authority (FCA) is the independent watchdog that regulates financial services. This document is designed by the Financial Conduct Authority (FCA) to be given to consumers considering buying certain financial products. You need to read this important document. It explains the service you are being offered and how you will pay for it.
Mortgages - We offer a comprehensive range of First & Second Charge Mortgages and Loans from across the market, but not deals that you can only obtain by going Directly to the lender. if you are purchasing (or mortgaging) a buy to let property, we will only advice you on the mortgage arrangements; we will not provide advice on the tax or investment elements of the transaction. Should you require tax or investment advice, you should seek this from a suitably authorized and qualified individual.
You may request an illustration from your advicer whenever our firm provides you with information specific to the amount you want to borrow following assessment of your needs and circumstances.
We also offer the following alternative finance options:
Insurance- We will advice or make a recommendation for Term /Life Assurance, Critical Illness Cover, Income Protection, Family Income Benefit, Business Insurance, Private Medical Insurance, Whole of Life, and General Insurance (including Buildings (home) Insurance, Contents Insurance, landlord's Insurance, and Tenant's Insurance).
Mortgages - A fee of up to 1 % of the loan amount, for our service in relation to mortgage advice and process. This is payable via an upfront fee of £150 on application, and the balance on receipt of the mortgage offer. We will also be paid a commission from the lender. For example: for a mortgage of £100,000 the fee we charge will not exceed £1,000. The maximum fee we will charge on any mortgage application will not exceed £2500. We will confirm and agree any fee with you in writing via a personalized fee agreement prior to commencing any work. You will also receive an illustration when considering a particular mortgage, which will confirm details of any fees relating to it
Refund of fees - If we charge you a fee, and your mortgage does not go ahead, you will receive: No refund if you decide not to proceed with the mortgage following receipt of an offer.
Insurance - No fee for Term /Life Assurance, Critical Illness Cover, Income Protection, Family Income Benefit, Business Insurance, Private Medical Insurance, Whole of Life, and General Insurance (including Buildings (home) Insurance, Contents Insurance, landlord's Insurance, and Tenant's Insurance). Refund of fees Not applicable as no fee charged. You will receive a quotation which will tell you about any other fees relating to any particular insurance policy. Refund of fees- Not applicable as no fee charged.
DNS FINANCIAL SERVICES LTD is an appointed representative of WEALTHMAX FINANCIAL adviceRS LIMITED who are authorized and regulated by the Financial Conduct Authority. Our Company Number is 10828281. The company registered address is DNS HOUSE, 382 Kenton Road, Harrow, HA3 8DP. Our Financial Conduct Authority (FCA) reference number is 796165. You can check this on the Financial Services Register by visiting Home (fca.org.uk) or by contacting the Financial Conduct Authority (FCA) on 0800 111 6768 WEALTHMAX FINANCIAL adviceRS LIMITED is a permitted business is advising and arranging on investments, insurance, and regulated mortgages.
If you wish to register a complaint, please contact us:
Your Personal Data will be retained by us either electronically or in paper format for a minimum of six years, or in instances whereby we have a legal right to such information we will retain records indefinitely.
We subscribe to the Financial Services Compensation Scheme. 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. Insurance- Insurance advising and arranging is covered for 90% of the claim with no upper limit.
Advising on or arranging house purchase finance is covered for 100% of £85,000 per eligble person per firm. Further information about compensation scheme arrangements is available from the FSCS. Please note that the Financial Conduct Authority (FCA) does not regulate certain types of Buy to Let Mortgage and/ or commercial loans. Further information about compensation scheme arrangements is available from the FSCS. Please note that the Financial Conduct Authority (FCA) does not regulate certain types of Buy to Let Mortgage and/ or commercial loans Your home is at risk if you do not keep up repayments on your mortgage or other loan secured on it. Your responsibilities It is your responsibility to deal with us in an honest and transparent manner. Failure to disclose key facts that relate to your personal circumstances could significantly influence the advice given. In some circumstances failure to disclose information could impact your ability to obtain the most suitable product and could even invalidate the product, such as in the event it is interpreted as material non-disclosure that could be a fraudulent act. If you have any doubts as to whether you should disclose a matter it is better to notify the provider and allow them to make an informed decision. It is also your responsibility to check that the product provided is as you expected, therefore you should check the application and 'offer' document on a mortgage and the application and policy document on an insurance policy. If it is not as expected, please notify your advicer immediately
