Chapter 6 - Arranging A Housing Loan

Question 1

Arranges or offers to arrange a housing loan e.g equity release/lifetime loans
Acts as an introducer to a mortgage credit intermediary
They’re called …..?

Answer 1

Mortgage Intermediary

Question 2

Authorised under the consumer mortgage credit agreements regulations 2016
Present or offer credit agreements to consumers
Assist consumers by undertaking preparatory work
Conclude credit agreements with consumer on behalf of a creditor
Name of person is…?

Answer 2

Mortgage credit intermediaries

Question 3

The … documents are the documents that transfer the property from person to person and they include details of the property, such as freehold or leasehold

Answer 3

Title documents