Costs

There are a few different options if you decide to go the In-House route.
The first option is to set up a separate incorporated finance company to your brokerage which will need its own bank account and full FCA authorisation to operate as a Lender. We can help you with the application process.

The second option, and often the quicker option, is to apply for your brokerage to obtain a Variation of Permission (VoP) from the FCA to become a Lender.

We do have alternative options which do not require you to have any regulation to begin with, instead relying on our regulation. Call us and we can discuss these options with you.