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Foreign Currency Mortgage
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What qualification does a person need to be able to offer advice on foreign currency mortgages?
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You don't have to be qualified but need to be FSA registered to conduct any mortgage business.
http://www.fsa.gov.uk/Pages/Doing/small_firms/ mortgage/regulated/index.shtml
Foreign mortgages do not fall within the regulatory responsibilities of the Financial Services Authority (FSA). This means that if you choose to take up a foreign mortgage (via any broker or lender) you will not have the means of redress offered by regulated mortgage contracts in the event that you have a complaint.
You don't have to be qualified but need to be FSA registered to conduct any mortgage business.
http://www.fsa.gov.uk/Pages/Doing/small_firms/ mortgage/regulated/index.shtml
Foreign mortgages do not fall within the regulatory responsibilities of the Financial Services Authority (FSA). This means that if you choose to take up a foreign mortgage (via any broker or lender) you will not have the means of redress offered by regulated mortgage contracts in the event that you have a complaint.
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