Tailoring Aim Mortgages to your needs, steering clear of mere page views or engagement as our measure of success
Tailoring Aim Mortgages to your needs, steering clear of mere page views or engagement as our measure of success
The following information is to help you decide if our services are right for you.
Our services
We will provide advice and make a recommendation for you after we have assessed your needs and circumstances.
We will provide advice and make a recommendation for you after we have assessed your needs and circumstances.
We will provide advice and make a recommendation for you after we have assessed your needs and circumstances.
Please note that our recommendations with respect to Buy to Let are restricted to helping you arrange a suitable mortgage. We will not advise you about whether or not the property you plan to buy and let out to tenants, will turn out to be a sound investment.
We will provide advice and make a personal recommendation for you after we have assessed your needs and circumstances. We provide an intermediary service and act on your behalf.
The products we offer
Mortgages
We offer a comprehensive range of mortgages from across the market with respect to first and second charge regulated mortgage contracts for both business and non-business purposes, as well as unregulated BTL and CBTL mortgage contracts, but not deals that you can only obtain by going direct to a lender.
In circumstances where you are looking to increase existing borrowing, the following options, on which we may not be able to advise, may be more appropriate:
We recommend products based on a fair and personal analysis for term assurance, critical illness, income protection, family income and non-profit whole of life.
We will charge you a fee of £0.00 upon receipt of a mortgage offer for our services.
We may also receive commission from the lender or insurer of any products you take out.
You will receive a personalised illustration (ESIS) when considering a particular mortgage, which will tell you about any fees relating to it, and the commission we will be paid. You have the right to ask for information on the variation in levels of commission payable by mortgage lenders. You also have the right to request an illustration for any mortgage we offer.
We arrange the policy with the insurer on your behalf. You do not pay us a fee for doing this. We receive commission from the insurer which is a percentage of the total annual premium.
You will receive a quotation that will tell you about any other fees relating to a particular insurance contract.
Where a fee has become due, and you subsquently cancel or withdraw at any time prior to completion, in order to cover our administration costs, the fee will still be due, and if already paid you will not receive a refund.
If you wish to register a complaint please contact us:
Unit E, Copse Walk, Cardiff Gate Business Park
Pontprennau, Cardiff
Caerdydd
CF23 8RB
compliance@cornerstonefinance.co.uk
029 2166 0550
If we do not resolve the complaint to your satisfaction, you may also contact The Financial Ombudsman Service who can be contacted at: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR. Telephone: 0800 0234567. Email: complaint.info@financial-ombudsman.org.uk
AIM Mortgages Ltd is an appointed representative of Cornerstone Finance Group Ltd, Unit E Copse Walk, Cardiff Gate Business Park, Cardiff CF23 8RB, which is authorised and regulated by the Financial Conduct Authority. Cornerstone Finance Group Ltd’s Financial Services Register number is 767202.
The FCA is an independent watchdog that regulates financial services.
Cornerstone Finance Group Ltd’s permitted business is advising and arranging regulated mortgage contracts (some of which will be Buy to Let finance) and non-investment insurance contracts. Cornerstone Finance Group Ltd is only responsible for the services disclosed in this document, or any additional Cornerstone Finance Group Ltd ‘information about our services’ document provided to you. All other services are the sole responsibility of AIM Mortgages Ltd.
You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/firms/systems-reporting/register or by contacting the FCA on 0800 111 6768.
In most cases, advising on and arranging Buy to Let mortgages is not regulated by the Financial Conduct Authority.
However, where you or a close relative intend to occupy the property, or if you or a close relative have lived in the property before then these are likely to be regulated by the Financial Conduct Authority.
We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This will depend on the type of business and the circumstances of the claim.
Advising and arranging is covered up to a maximum limit of £85,000.
Advising and arranging is covered for 100% of the claim with no upper limit for long term insurance and 90% of the claim with no upper limit for all other types of cover.
Most BTL mortgages are not covered by the FSCS. However if a close family member will be renting the property then you may be covered by the FSCS.
Further information about compensation scheme arrangements is available from the FSCS.
I agree and understand that by signing any documents with my Electronic Signature, that all electronic signatures are the legal equivalent of my handwritten signature. This is to be used in conjunction with the use of electronic signatures on all forms regarding any and all future documentation with a signature requirement, should I elect to have signed electronically.