Do you need to be FSA regulated?

[goldengirl]

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Hi There,

Could anyone out there please tell me if you need to be FSA regulated to run mortgage and loan affiliate programs. I run a property website which has information about anything to do with property. There are articles on the site that relate to mortgages and home loans and I thought it would be good to run some finance affiliate programs to try and earn some cash from my traffic.

Do you need to be a comparison site to run a finance affiliate program? Can I have a selection of links to various mortgage/loan providers. Any help on this matter will be much appreciated.

Thanks

[accelerator]

If you're looking for finance programmes then OMG UK is good for them.

[JayFCF]

Your best bet would be to get onto one of the networks.

If you are giving advice on mortgages you will need to be authorised to do so.

Have a look at Financial Services Authority for more info

[simonb]

You don't necessarily need to be authorised to be an mortgage or loan affiliate. If you register for Leadbay :

LeadBay

there is a document available that will help you through the issues.

[123debtsolutions]

It's true, if you use an iFrame or direct feed form you don't need any licencing at all cos you're not collecting data for yourself.

However if you use your own forms you will be required to get a data protection licence. It's only approx £35 and it's easy to apply.
If you speak to the clients and give advice etc then you will need CCL & FSA for mortgages etc. (These are both a lot more difficult and cost a lot more.)

You may find it easier to just add some banners or text link adverts.... If so you can sign up with us via : 123 DS joins Affiliate Future We have about 50 banners/buttons/skyscrapers for you to choose from. And our payout is : £26 per DM and £75 per IVA.