Buy to Let Terms of Business

This document sets out how we will deal with you in the provision of advice for Buy to Let mortgages. Unlike most mortgage advice, the advice given on Buy to Let Mortgages is not regulated by a regulatory body, such as the Financial Services Authority (FSA).

Our Services

The products we have arranged for you will not be kept under review, but we may contact you in the future by means of an unsolicited promotion should we wish to discuss the relative merits of a product or service which we feel may be of interest to you.

You will receive from us details of the products and lenders selected, along with quotations, and we will confirm the outcome of our discussion with you in writing.

We will normally obtain from you sufficient information about your personal circumstances to enable us to be in a position to obtain a quotation for you, and assist you in the application process.

Our aim is to provide you with a first class professional and confidential service. Should a complaint arise, in the first instance please write to Ninian Duncan (Director) at Dedicated Mortgage Solutions Limited at the address shown or telephone us.

WE DO NOT HANDLE CLIENT MONEY

We never handle cash and will not accept a cheque made out to us (unless it is a cheque in settlement of broker fees for which we have sent you an invoice)

Data Protection

You can be assured that we will keep all of your personal information private and confidential, even when you are no longer a customer, except where disclosure is made at your request or with your consent. Under the terms of the Data Protection Act, you have the right to view any personal data we may keep on you.

In order to process your mortgage application it may be necessary to disclose some or all of your information to third parties. You agree that personal information held by us may be disclosed on a confidential basis and in accordance with the Data Protection Act 1998 to any such third parties. Some of these parties may hold this information indefinitely. You also agree that this information may be transferred electronically, e.g. e-mail and you agree that ourselves, or any such company, may contact you in the future by any means of communication which we consider appropriate at that time.

Our Relationship

We normally derive our income from commission paid to us by mortgage lenders. We will disclose to you the amount of commission payable to us.

If we receive a commission or other form of benefit from another intermediary, we will inform you, but we will not tell you the amount unless requested to do so.

Alternatively, if you or we propose to operate on a fee basis, we will agree the basis, frequency and method of payment with you in writing before we carry out any chargeable work.

You or we may terminate our authority to act on your behalf at any time, without penalty. Notice of this termination should be provided in writing and will take effect from the date of receipt, as this will ensure that no confusion arises between us. We will however, accept oral instructions, which we will then confirm to you in writing.

This letter relates solely to Buy to Let Mortgages. Advice given on these products is not regulated by the Financial Services Authority and therefore you will not have any recourse under the Financial Ombudsman Services or Financial Services Compensation Scheme in respect of any future dispute resolution and/or compensation.

Consent

Prior to any work commencing we will ask you to sign a copy of the above as your consent to our terms of business and give you a copy for your records.