Your route to independent mortgage advice

  Home  |  About Mortgages  |  Mortgage Search  |  Calculators  |  Key Facts  |  A to Z       Contact Us
Bankruptcy
interest rates
You are here: Mortgage Route > Initial Disclosure Document Key Facts
 

Initial Disclosure Document Key Facts.
Please note

The key facts below, about our services, relate to transactions that are carried out here on our web site. If you transact business with us in a different way you will be provided with a different key facts document that will relate to that way of doing business with our company.


about our services

Invest & Protect Ltd 45 Market Street
Wirral
Merseyside
CH47 2BQ

1. The Financial Services Authority (FSA)
The FSA is the independent watchdog that regulates financial services. It requires us to give you this document. Use this information to decide if our services are right for you.

2. Whose products do we offer?

Insurance
a
We offer products from a range of insurers for term insurance, critical illness, mortgage protection, health insurance, buildings and contents.
a
We only offer products from a limited number of insurers for accident and sickness.
Ask us for a list of the insurers we offer insurance from.
 
We only offer products from a single insurer.

Mortgages

a
We offer mortgages from the whole market.
 
We only offer mortgages from a limited number of lenders.
 
We only offer mortgages from a single lender.

3. Which service will we provide you with?

Insurance

 
We will advise and make a recommendation for you after we have assessed your needs.
a
You will not receive advice or a recommendation from us for term insurance, critical illness, mortgage protection, health insurance, buildings and contents and accident and sickness. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

Mortgages

 
We will advise and make a recommendation for you after we have assessed your needs.
a
You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

4. What will you have to pay us for our services?

Insurance

 
A fee
a
No fee for advising on and arranging term insurance, critical illness, mortgage protection, health insurance, buildings and contents and accident and sickness.

You will receive a quotation which will tell you about any other fees relating to any particular insurance policy.

Mortgages

a
No fee. We will be paid by commission from the lender.
a
A fee of 300 or 1% of loan, whichever is greater, payable upon completion of the mortgage. An example of this is a 50,000 mortgage would result in a 500 fee. We will refund any commission from the lender to you.

You will receive a key facts illustration when considering a particular mortgage which will tell you about any fees relating to it.

5. Who regulates us?

Invest & Protect Ltd, 45 Market Street, Wirral, Merseyside CH47 2BQ is authorised and regulated by the Financial Services Authority. Our FSA Register number is 439830

Our permitted business is advising on and arranging non-investment insurance contracts and mortgages

You can check this on the FSA’s Register by visiting the FSA’s website www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.

6. What to do if you have a complaint

If you wish to register a complaint, please contact us:

In writing: Write to Invest & Protect Ltd, 45 Market Street, Wirral, Merseyside CH47 2BQ

By phone: Telephone 0845 539 04 04

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. 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 100% of the first 2,000 and 90% of the remainder of the claim, without any upper limit.

Mortgages


Mortgage advising and arranging is covered for 100% of the first 30,000 and 90% of the next 20,000 so the maximum compensation is 48,000.

Further information about compensation scheme arrangements is available from the FSCS.

FSA declaration and important text about mortgage advice