Download Applying to Join Mortgage Support Network as an Appointed

Applying to Join Mortgage Support Network as an
Appointed Representative
To make your application process as simple and straightforward as possible we list below details of the
documentation required from you, your business and its advisors.
You will no doubt appreciate that in carrying out our validation process and due diligence of all potential
Appointed Representatives we must comply with the FCA’s Rule Book and our own corporate risk
management requirements.
We will keep you informed throughout the assessment procedure and also advise you of the
requirements as you progress through each phase.
If you have any questions please ring Shaun Almond on 07775 666487.
All documentation should be completed in block capitals and BLACK ink.
APPLICATIONS & SUPPORTING DOCUMENTATION
The applying Appointed Representative FIRM must forward: 1.
2.
Fully completed Business Application
Fully completed Advisor & Controller Application for each advisor and/or controller within
the business
3. Existing Businesses:
a) Last 3 Years Business Accounts or
b) 3 Years Tax Assessments if a Sole Trader and SA302 and
c) 3 months business bank statements
d) Business Plan including a Cashflow projection
4. 3 months personal bank statements for each Advisor/Controller and each bank account
they are a party too.
5. New Start Business:
a) Last 3 months personal bank statements for the principal (see point 4)
b) Business Plan including a Cashflow projection
6. Certificate of Incorporation if you are a Limited Company
7. Valid Data Protection Certificate
8. Valid PI run-off cover Certificate for existing businesses – if applicable
9. Advisors qualification certificates
10. Birth and Marriage Certificate
11. Full Equifax/Experian/Noddle credit search for all Advisers and Controllers
Upon confirmation that the above have been received and meet the requirements/benchmarks of our
validation process the following documentation will be required and/or submitted to the FCA prior to
formal Approval of your Appointed Representative status:1. Two signed copies of AR Agreement for MSN signatures
2. Stationery, Mortgage Terms of Business & Non-investment Linked Initial Disclosure
Documents (IDD) for approval by MSN
At each phase please ensure you take a copy for your records and forward the originals by signed
for post to:
Mrs Jo Porter, Compliance Director
Mortgage Support Network Ltd
1st Floor Linford House
The Square,
Glenfield,
Leicester. LE3 8DQ