Terms & Conditions

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Terms and Conditions

Our Terms & Conditions explain other aspects of the way we operate and how this affects you. Please read it in conjunction with our initial disclosure, Terms of Business letter and our privacy policy.

About Us

Darren Ferguson, trading as Adept Mortgages is authorised and regulated by the Financial Conduct Authority (FCA).

You can find out more about us on our website at www.adeptmortgages.co.uk

Darren Ferguson, trading as Adept Mortgages complies with the Data Protection Laws in the UK and the UK General Data Protection Regulation. Adept Mortgages ICO register number is ZB541295.

Our Services

Our permitted business includes advising on and arranging mortgages and consumer credit activities. You can check this on the FCA register by visiting the website www.fca.org.uk/Firms/systems-reporting/register or by contacting the FCA on:

0800 111 6768

Fees & Commissions

We currently do not charge a fee for our services. Our fee structure is detailed in our Terms of Business and in your mortgage illustration. We will receive a fee from the lender when your mortgage completes, which will vary from lender to lender. There may be additional costs relating to the mortgage we recommend to you, and these will be detailed in the mortgage illustration which we will send to you


Anti-money Laundering

All transactions relating to our services provided are covered by, and adhere to, the Money Laundering regulations and the Proceeds of Crime Act. Our responsibilities include, but are not limited to, verifying the identity and address of our customers and no application will be submitted to a Lender until such verification has been obtained.

This process involves obtaining verification of your identity using documents such as your Passport or Driving Licence and for your address a utility bill, bank statement etc. Identity verification checks may include electronic searches through the Electronic Identification Verification Service, electoral roll and use of credit reference agencies. Consent for us carrying out the appropriate verification checks will be obtained from you and stored on our system. Depending on the level of verification generated we may need to contact you for additional information or documentation. We cannot accept responsibility in instances where placing business is delayed due to these regulations.

We reserve the right to make further enquiries into the source of your funds or wealth to ensure we meet our regulatory obligations. We will require proof of your income and expenditure to satisfy these requirements.

We may check the details you supply against those held on several specific databases. Online verification credit reference agencies have access to, for example information from the Electoral Register and fraud prevention agencies. Scoring methods can be used in the verification process as this gives a more thorough check of the available data. A record of this process will be kept that may be used to help other companies to verify your identity.

It is important that the information you provide is both accurate and honest, and a true reflection of your circumstances If false or inaccurate information is provided, or if a reasonable suspicion of fraud or any other criminal offence is identified, we may make the appropriate search using a reputable online credit reference agency and will keep a record of this search in line with the anti-money laundering rules and the General Data Protection Regulation. We will pass information to organisations involved in fraud prevention to protect ourselves and our customers from theft and fraud, such as fraud prevention agencies, law enforcement agencies and regulatory bodies who may access and use this information to prevent fraud and money laundering.

Failure to disclose relevant information, or change of circumstances, to a provider or Lender may result in your mortgage being cancelled, withdrawn, or invalidated.

Credit Reference Checks

To process your application, we may search the files of licensed credit reference agencies, who will keep a record of the search, to confirm your particulars and for the purpose of a credit assessment. A record can be kept of such searches which may be used by other lenders in assessing future applications for finance by you and for fraud prevention. These organisations may use this information in the future to help make credit decisions, prevent financial crime and to trace debtors.

Information held about applicants by credit reference agencies may already be linked to records related to one or more of your partners or members of your household. For an application, you may be treated as financially linked, and the application may be assessed with reference to any ‘associated’ records.

We may also, as part of the application request a Lender’s Decision in Principle. This would involve the Lender conducting either a soft or hard credit search on all applicants, which may leave a mark on your credit files and can have a negative impact on your overall credit scores.

Consent for us carrying out the appropriate verification checks will be obtained from you and stored on our system.

Mortgage Illustration

We take every care to ensure the accuracy of the quotes which are based on the latest information available from the lenders at that time. However, the lenders on the panel reserve the right to change % APR or % APRC rates and underwriting criteria at any time and without notice. This may result in a change to the mortgage offered to you or may result in the mortgage offer being withdrawn.

The accuracy of the quotes depends upon the accuracy of the information you have provided. We and the lenders on the panel will conduct checks to verify the accuracy of the information you have provided. If information you have provided changes because of these checks, the original offer may be changed or withdraw.

The expected time periods from submitting your application to receiving your mortgage funds are only a guide. Any delay in the returning of your documents, proof of income or identification and/or delays with any third party we or the lender use to process your application, may result in your application taking longer to complete.

Debt consolidation: If you’re thinking of consolidating existing borrowing, please be aware that by consolidating unsecured debts and adding them to a mortgage although you may reduce your monthly outgoings you may be changing the interest rate and extending the loan terms which may result in you paying back more interest in the long term.

Adding Fees: If you choose to add fees to the mortgage they will be included in your monthly payments & you will pay interest on them over the term of the mortgage which can increase the total cost of the borrowing and if you settle early, you may pay back more than you received.

Interest Only / part interest & repayment: Please be aware that by having some or all, of your mortgage on interest only you will still have a mortgage balance at the end of the term, and you will need to have sufficient funds to be able to repay the mortgage in full.

Lending into retirement: If you opt for a mortgage term that takes you past your state retirement age you should be confident that you have either sufficient income to be able to continue your mortgage payments until the mortgage finishes or sufficient funds to be able to repay the mortgage balance in full.

Terms of Website Use

Your use of this website constitutes your agreement to all the terms of use detailed below. The information that is made available on this website is intended for general information purposes only and is provided on an ‘as is’ basis without any warranties of any kind. We do not accept any liability for any loss arising because of reliance on the information contained on this website.

This website is owned by Darren Ferguson trading as Adept Mortgages and is protected by copyright and database rights. You acknowledge that all trademarks (registered or unregistered) used in providing this service shall always remain the property of Darren Ferguson trading as Adept Mortgages.

You shall not copy, adapt, exploit, or otherwise use the information contained on this website in any way, save for the downloading and temporary storage of one or more of these pages for the purpose of viewing on a personal computer or terminal, provided that you do not delete any copyright and other proprietary notices contained therein.

We may make improvements or changes to the products, services and prices detailed on this website at any time without notice.

You agree that you will not use this website to: a) Commit or encourage any criminal offence, including but not limited to harming a minor in any way and stalking or harassing another; b) Insert or knowingly or recklessly transmit or distribute a virus, worm, trojan horse, time bomb, trap door or any other computer code, files or programs or repetitive requests designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment or to diminish the quality of, interfere with the performance of or impair the functionality of this website; including carrying out any hacking activity; c) Circumvent, or attempt to seek to circumvent, any of the security safeguards of this website; d) Permit any third party to do any of the above.

While we try and ensure that all information on this website is accurate and up to date, errors may occur, and we accept no liability for such errors. If we discover an error, we will amend the website as soon as reasonably possible.

We neither warrant nor represent that your use of this website will not infringe the rights of third parties.

We are interested in protecting your personal information and we only use your personal information in accordance with our Data Protection Policy.

You have sole responsibility for adequate protection and backup of data and/or equipment used by you in connection with this website and will not make a claim against Darren Ferguson trading as Adept Mortgages for lost data, re-run time, inaccurate output, work delays or lost profits resulting from the use of such materials.

We may edit this policy from time to time. If we make any substantial changes, we will notify you by posting a prominent announcement on our pages.

Darren Ferguson trading as Adept Mortgages reserves the right to refuse access to this website or any component of it. We may at any time, at the discretion of the site’s management, refuse access to certain areas of this website to any individual it chooses – this refusal of access may take whatever form the management deem suitable.

This site is controlled and operated by Darren Ferguson trading as Adept Mortgages from the United Kingdom. We make no representations that materials in this website are appropriate or available for use in other locations. Those who choose to access this website from other locations do so at their own risk and are responsible for compliance with all local laws, if and to the extent local laws are applicable. No material from this website may be downloaded, exported, or re-exported into (or to a national or resident of) any countries that are subject to UK exporting restrictions/legal or socio-economic sanctions.

Law & Jurisdiction

Your use of our Site and these Terms of Use are governed by the Laws of England and Wales whose courts have exclusive jurisdiction of any disputes that may arise under or in connection with the Terms of Use.

However, we retain the right to bring proceedings against you for breach of these Terms of Use in your country of residence or other relevant country.

All the credit and mortgage products we intermediate are governed and construed in accordance with the laws of England and Wales, in relation to any dispute. For your protection you agree to submit to the non-exclusive jurisdiction of the English courts.

Further Information

If you have any questions relating to our Terms & Conditions, please contact Adept Mortgages, 5 Lockgate Road, Northampton, NN4 9DG, or email us: hello@adeptmortgages.co.uk

It may be necessary to update this policy to meet legal, regulatory, and commercial requirements. Please visit this page from time to time and take note of any changes.