The FSA has fined Nottingham mortgage broking firm Gillen Farrelly Independent Advisers £17,500 for failing to ensure it provided suitable advice which exposed over 80 customers to the risk of being sold an unsuitable self-certified mortgage.
The case arose from a number of visits to the firm, including one in August 2007 which was part of an FSA thematic project looking at the sale of self-certified mortgages. The regulator said that between...
Brings in recurring revenue of £700,000
27,000 ‘affordable new homes’ to London
795 in Croydon
Corporate Chartered status
Seneca Global Income & Growth Trust first to be included
Equivalent of £980,000 a day
'It is human nature'