Regulatory Requirements

Where a firm makes a personal recommendation for a mortgage, the main purpose of which is to consolidate existing debts, the following matters must be considered:

  1. the cost associated with increasing the period of repayment
  2. whether it is appropriate to secure a previous unsecured loan
  3. if the customer is known to have payment difficulties, whether it would be more appropriate for the client to negotiate an arrangement with his creditors than to take out a mortgage

This is where TCF Debt Solutions can work for your business.

Treating Customers Fairly (TCF) insists that advisers search for the most suitable options for resolving clients’ financial difficulties. Financial Intermediaries and advisors throughout the UK have discovered that appointing a trusted affiliate partner to take care of their clients experiencing financial difficulties allows them to free up time to concentrate on their core business activities, whilst ensuring that their client is given the widest range of recommendations available.

The information contained within this website is for the guidance of financial intermediaries only and is not intended for members of the public. None of the information contained within this website is to be used to indicate a willingness to enter into any transaction to which the details relate. TCF Debt Solutions (UK) Limited is licensed under the Consumer Credit Act.

TCF Debt Solutions (UK) Limited, registered trading address is at 7 Millbank House, Riverside Business Park, Bollin Way, Wilmslow, Cheshire, SK9 1BJ. Registered company number 06369574.