* Buy to Let mortgages are not regulated by the FCA.
Hudson’s are not Credit Brokers and do not hold a consumer credit licence.
In the FCA (Financial Conduct Authority)’s view, advice requires an element of opinion on the part of the adviser or something that might be taken by the debtor, expressly or by implication, to suggest or influence a course of action. Information, on the other hand, involves statements of facts or figures.
In general terms, simply giving balanced and neutral information without making any comment or value judgement on its relevance to decisions which a debtor may make is not advice. The provision of purely factual information does not become regulated advice merely because it feeds into the debtor’s own decision-making process and is taken into account by him.