Elsby Associates Initial Disclosure.

1. The Financial Services Authority (FSA)

The FSA is the independent watchdog that regulates financial services. It requires us to give you this document. Use this information to decide if our services are right for you.

2. Whose products do we offer?

Insurance

• We offer products from a range of insurers for Term Assurance, Income Protection Insurance and Critical Illness Cover
• We can only offer products from Paymentshield for Buildings & Contents and Mortgage Payment Protection Insurance
• We only offer products from Norwich Union for Private Medical Insurance

Mortgages

• We offer mortgages from the whole market

3. Which service will we provide you with?

Insurance

• We will advise and make a recommendation for you after we have assessed your needs.
• We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

Mortgages

• We will advise and make a recommendation for you after we have assessed your needs.

4. What will you have to pay us for this service?

Insurance

• No fee

You will receive a quotation which will tell you about any other fees relating to any particular insurance policy

Mortgages

• A fee of £295- on completion
• In addition to the above we will also be paid a procuration fee from the lender.
• The fee charged is payable on completion of the mortgage.
We also charge an admin fee of £95- on application.

You will receive a key facts illustration which will tell you about any fees relating to a particular mortgage.

Refund of fees

If we charge you a fee, and your mortgage does not go ahead, you will receive:

• A full refund of broker fee, however the admin fee is non refundable.

5. Who regulates us?

Elsby Associates is an Appointed Representative of Pink Home Loans, Shire House, Birmingham Road, Lichfield, Staffordshire, WS14 9BW. Pink Home Loans is a trading name of Advance Mortgage Funding Limited, which is authorised and regulated by the Financial Services Authority. Advance Mortgage Funding Limited's FSA Register Number is 305008.

Advance Mortgage Funding Limited's permitted business is

• Advising on and Arranging regulated mortgage contracts and;
• Advising on and Arranging general insurance and pure protection products

You can check this on the FSA's Register by visiting the FSA's website www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234.

6. What to do if you have a complaint

If you wish to register a complaint, please contact us

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Are we covered by the Financial Services Compensation Scheme (FSCS)?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Insurance advising and arranging is covered for 100% of the first £2,000 and 90% of the remainder of the claim, without any upper limit.

Mortgage advising and arranging is covered for 100% of the first £30,000 and 90% of the next £20,000 so the maximum compensation is £48,000.

Further information about the compensation scheme arrangements is available from the FSCS.