TRICON LIMITED
INITIAL DISCLOSURE DOCUMENT AND TERMS OF BUSINESS
What we provide.
The service we provide is on a Non Advised basis. We carry out the entire
process of arranging your mortgage. We do not provide mortgage advice, we do not
recommend that you take out a particular mortgage. We provide information on one
or more mortgages to enable you to make an informed choice. We do not accept you
as a client if we cannot arrange the mortgage you require.
Whose mortgages do we offer?
The mortgages we arrange are from the whole of the
market for prime applicants and from specialist
lenders for clients with adverse credit.
We are not tied to a specific lender.
What will
you have to pay us for this service?
We
will charge you an arrangement fee of £695 for arranging your
mortgage and processing the application to a
mortgage offer. All fees must be paid by credit or
debit card. This fee is not charged if your
application is declined by a lender. The fee is
payable when your mortgage offer is issued. Some
mortgages allow for the fee to be added we will
advise you if this is the case in the KeyFacts
illustration
We may receive a commission from a lender we place
your mortgage with. This will be clearly shown in
the keyfacts illustration(s).
Up-front fees
We do not charge an up front fee. An application fee which includes the cost of a mortgage valuation will be required at an early stage in the mortgage application. You will be advised in advance when this fee is due.
Confidentiality
We will treat
all your personal information as private and
confidential (even when you are no longer a
customer) except where we are permitted by Law or
where disclosure is made at your request or with
your consent in relation to arranging your mortgage.
You have the right of access under the Data
protection Act 1998 to your personal records held on
our files.
Please note that to obtain an agreement in principle
from a lender will require a full credit search.
This search may also reveal persons linked to your
address and a search may leave a footprint on your
credit file and possibly any person or persons
linked to you or your address. For us to assess your
enquiry if you inform us you have an adverse credit
history we will search the register of county court
judgments before we match your enquiry to one or
more products. By completing the enquiry form you
automatically agree to this.
By submitting an enquiry to Tricon Limited you
accept all the above conditions.
We do not pass your details to any other organization or business outside of the mortgage enquiry or application process for any purpose, without your prior agreement.
What to do if you have a complaint
We aim to provide you with a first class professional and confidential service. We have internal procedures for handling complaints fairly and promptly and should a complaint arise you should contact our Compliance Officer at Tricon Ltd. PO Box 8 Abingdon, Oxon. OX14 4GT or telephone 01235 521557.Thereafter should the complaint not be resolved to your satisfaction we will assist you in resolving it by referring it to the Financial Ombudsman Service scheme of which we are members.
Are we covered by the Financial Services Compensation Scheme (FSCS)?
Yes we are. In the event that you may be entitled to compensation for loss and the firm cannot meets its obligations the FSCS will provide a certain level of compensation. You may find further details about the FSCS at www.fscs.org.uk
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Tricon
Ltd
PO Box 8
Abingdon
Oxon. OX14 4GT
Telephone 01235 521557. Fax. 01235 206121