The FSCS stands for the Financial Services Compensation Scheme. It is a UK government-backed scheme designed to protect consumers of financial services in the event that a financial firm goes out of business or is unable to meet its obligations.

The FSCS provides compensation to eligible customers if a firm is unable to pay claims against it. The amount of compensation depends on the type of financial product and the circumstances of the claim, but it is typically up to a maximum of £85,000 per eligible customer per financial institution. The scheme covers a wide range of financial products, including deposits, insurance, investments, and mortgage advice.

The FSCS is funded by levies on financial firms, which are required by law to contribute to the scheme. The scheme is independent of the government and is run by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

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***SHOW NOTES & LINKS

*MANCHESTER MORTGAGE CENTRE*

Website - www.manchester-mortgagecentre.co.uk/

Book a free no obligation chat - calendly.com/manchestermortgagecentre/mortgageappo…

Check My File – Download Free Credit Report: www.checkmyfile.com/credit-report.htm?ref=christia…

Contact: calendly.com/manchestermortgagecentre/mortgageappo…

Subscribe to my channel: youtube.com/@christianduncanmortgages

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*CREDIT FILE CHECKS*


CHECK MY FILE - This is step 1 as a First Time Buyer. Check your credit file!

Free Credit File Check. Check your credit score from the outset! Use checkmyfile as they provide reports of all three credit file agencies the mortgage lenders use to credit score you, on one file (Experian, Equifax and Transunion)

checkmyfile offer a 30-day free trial which is then £14.99 a month thereafter and can be cancelled at any time.

Check my free credit score now:
www.checkmyfile.com/credit-report.htm?ref=christia…

Correct Errors on Your Credit File:

Contact Experian: ins.experian.co.uk/contact
Contact Equifax: help.equifax.co.uk/EquifaxOnl...
Contact Transunion: www.transunion.co.uk/consumer...
Apply for Voters Roll: www.gov.uk/register-to-vote

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*BOOK A FREE CHAT*

Book a Free, No Obligation Call with Chris Book Now:
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