It is with deep regret we have to inform you that the compliance network that provides Severnside Mortgages with authorisation under the FSA has gone into administration as of 3rd July 2012.
Please see this link on the FSA website: Honister goes into administration
Severnside Mortgages are in the process of applying for Direct Authorisation to the FSA. We cannot guarantee any other networks financial stability nor exposure to 'historic claims' that may be brought against them in the future. This was the fundamental reason why the network that took responsibility for our compliance and authorisation went into administration as the Insurer that provided the Professional Indemnity Insurance for the network increased the premium to a level that was unaffordable. It is a prerequisite that all businesses that give regulated advice have PI in place for the FSA to grant authorisation.
We will continue to service our existing clients as best we can over the coming weeks who have a mortgage offer issued, but will not be able to advise new clients until we are re-authorised by the FSA which we hope to be by the beginning of December.
We have had numerous requests for who can help in the interim; and the only Directly Authorised, no fee, whole of market mortgage advisers we are aware of are London & Country. They are based in Bath and offer a telephone and email mortgage advice service. Please get in touch with us if you have any further questions.
We apologise for any inconvenience this may have caused and thank you for your ongoing patience, concern and support. We will of course keep our clients up to date and if you would like us to get in touch with you in the future, please send us an email contact@severnsidemortgages.co.uk or get in touch via our facebook page facebook.com/severnsidemortgages.
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Severnside Mortgages are no fee, whole of market mortgage advisers based in Bristol. We offer face to face mortgage advice throughout the south of the UK at a time and place convenient to you. For people a little further a field, whether you are an expatriate, or if you simply to do not wish to have a face to face meeting- we can advise over the phone, by email and more recently by video conference if it suits you better (subject to the usual financial services identity verfication proceedures).
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Burns Anderson NetworkGet in touch
Appointments by prior booking only
Portishead, North Somerset
Phone: 01275 814004
Email: info@severnsidemortgages.co.uk
Skype: severnside.mortgages.voice
(non video conference call: dials direct into our phone system)
Calls maybe recorded for compliance and security purposes
Severnside Mortgages is an appointed representative of Burns-Anderson Ltd which is authorised and regulated by the Financial Services Authority. Burns Anderson Ltd is entered on the FSA register (www.fsa.gov.uk/register) under reference 126191. The principal of Severnside Mortgages is R Britton.
The information and content of this website is intended for UK consumers only and is subject to the UK regulatory regime. The FSA do not regulate some forms of mortgage.
