Borrowers will have no UK protection whether things go mistaken,cautions regulator, just days after launch of Selfcert.co.uk in Czech Republic
The City watchdog has issued a warning to people considering taking out a self-certification mortgage from a company based external the UK.
Days after a new lender based in the Czech Republic started touting for commerce in the UK, and attracting interest from thousands of self-employed borrowers,the Financial Conduct Authority has stepped in. Continue reading...
Source: theguardian.com