Mortgage Code

Essential Financial Planning subscribe to the Mortgage Code which sets out minimum standards of good lending and advisory practice which are to be followed by all lenders and mortgage intermediaries. A summary of the code, explaining what you can expect from us can be found here http://www.mortgagecode.org.uk

Essential Financial Planning registration number with The Mortgage Code Compliance Board is 1234567. The Mortgage Code Compliance Board (MCCB) regulates the Mortgage Code to which we subscribe. As part of MCCB's duties we may be asked to provide them, or their agents, with access to our customer records in order that they may carry out an audit of our activities. The MCCB's ability to inspect customer records promotes best practice in our industry and ensures that you continue to receive the best possible service from us. If we disclose your personal information to the MCCB then it has been agreed with us that it will only use it for the purpose of compliance with the Mortgage Code and not for any other reason. If you would not like us to disclose any of your personal information to the MCCB then please write to us informing us of this as soon as possible. By signing the declarations contained within the mortgage application you will be giving your consent to the use of your personal information for all of the purposes referred to above.

Under the terms of the Code there are three levels of service available.

These are:
a. Full advice and recommendation as to which mortgage is most suitable for you.
b. Information on different types of mortgage products we offer so that you make an informed choice.
c. Information on a single product only, where no advice is given.