Willows Finance Limited is committed to excellence in customer service and to treating its customers fairly. It recognises that from time to time things can go wrong, which means you may need to make a complaint. All complaints are investigated fairly and thoroughly, so that we can resolve your issue, and, where we have made a mistake, for us to learn from your complaint.

How do I complain?

In the event that you ever have to complain to us, you should contact:

Jamie Millan

Willows Finance

Brocastle

Bridgend

CF35 5AS

by phone: 01656 766158

by email: [email protected]

Do I have to make the complaint in writing?

No. We are happy to accept complaints by telephone on the above number. Please make it clear that you are registering a complaint and make a note of the name of the person you spoke to and the date on which you rang.

What happens next?

a) We will acknowledge your complaint promptly and in any event within 3 working days of your complaint being received. If you do not hear from us in that time, please check first to see that we have actually received your complaint.

b) We will investigate your complaint fairly, impartially and thoroughly.

c) If we are not able to provide you with a full response to your complaint within four weeks, we will send you a letter explaining how we are progressing with our investigation.

d) After we have investigated your complaint, we will write to you explaining the outcome of the investigation.

How long with the investigation take?

We will investigate your complaint as quickly as possible. We will aim to complete our investigation within eight weeks of receiving the complaint and you will always receive our final response in this timeframe. If we cannot come to a conclusion in that time, we will tell you why and refer you to the Financial Ombudsman Service.

What happens at the end of the investigation?

We will send you a final letter, which will either uphold your complaint and let you know how we plan to resolve it, or reject it

What if I am not satisfied with your decision?

If, for any reason, you are not happy with our decision, or if we have been unable to reach a conclusion to our investigations, then you will be entitled to refer your complaint to the Financial Ombudsman Service. Their contact details are as follows:

Telephone: 0300 123 9 123 or 0800 023 4567

Email: [email protected]

Post: Financial Ombudsman

South Quay Plaza, 183 Marsh Wall, London, E14 9SR

www.financial-ombudsman.org.uk

Compensation Scheme

If you make a complaint and we are unable to meet our liabilities, you may be entitled to compensation from the Financial Services Compensation Scheme. Further Information about the limits applicable to the different product types is available from the FSCS at www.fscs.org.uk/what-we-cover/products

Privacy & Cookie Policy

At Willows Finance we ensure your personal information is kept secure and confidential.


PRIVACY OF YOUR INFORMATION


At Willows Finance Ltd, we appreciate that your privacy is extremely important to you. With this in mind, we have put in place a number of measures to ensure that any personal details we obtain from you as a result of visiting this website is processed and maintained in accordance with accepted principles of good information handling and also in accordance with the Data Protection Act 1988.

 

This statement provides you with details of the type of information we may hold about you, how we obtain and use information and how we protect your privacy.

Clients Agreement

Information About the Services We Provide

Client Agreement and Initial Disclosure Document

Willows Finance Limited
Brocastle, Bridgend, CF35 5AS

Authorised and regulated by the Financial Conduct Authority
Firm Reference Number: 670052
Company Number: 6678545 (Registered in England and Wales)

This document outlines the services we provide. If you need clarification, please contact us at 01656 766158.

 

Which Products Do We Offer

We offer first and second charge regulated mortgage contracts for business or personal use.

Other finance options may include:

  • Remortgage
  • Further advance with your first charge lender
  • Unsecured loan

Regulatory Status:

  • Residential mortgages are regulated by the FCA
  • Buy-to-let and business use mortgages are not usually regulated
  • Some buy-to-let mortgages may qualify as “consumer buy-to-let”

 

Whose Products Will Be Offered

  • We use a representative panel of lenders for second charge mortgages.
  • We use a limited number of lenders for first charge mortgages (list available on request).

 

Which Service Will Be Provided

We offer an advised mortgage broking service and provide enough information for you to make an informed decision.

We are not independent financial advisers. Free debt advice is available from the Money Advice Service.

 

Privacy Policy

You can view our privacy policy at: https://willowsfinance.co.uk/privacy-cookie-policy/.

Lenders may also have their own privacy policies which will be provided to you.

 

The Cost of Our Services

We charge a broker fee upon loan completion. The average fee is approximately 5%, depending on your situation.

 

Fee details:

  • Maximum fee: 12.5%
  • Typical range: £0 to £3,500
  • Example: £100,000 first charge = £2,500 (2.5%)
  • Example: £100,000 second charge = £3,500 (3.5%)

No refund is offered after completion. You may pay upfront or add the fee to your mortgage. Fees and commission will be detailed in your ESIS and Mortgage Agreement.

 

The Mortgage Offer

You will receive a Mortgage Agreement and an ESIS document detailing:

  • Interest rate
  • Repayment schedule
  • Total amount payable
  • Lender details

 

Cancellation Rights

You may cancel your application anytime before completion without any charge. Mortgages cannot be cancelled after completion.

 

Arrears / Missing Payments

Missing payments can lead to charges, repossession, and negative impacts on your credit rating.

 

Risk Warnings

Consolidating debt may result in higher long-term interest. Securing debt against your home increases risk.

Your home may be repossessed if you do not keep up repayments on a mortgage or other loan secured on it.

 

Complaints

If you wish to complain, contact us at:

Willows Finance Limited
Brocastle, Bridgend, CF35 5AS
Tel: 01656 766158

You may be able to refer your complaint to the Financial Ombudsman Service.

 

Financial Services Compensation Scheme (FSCS)

We are covered by the FSCS. You may be eligible for compensation of up to £85,000 per person per firm for mortgage advice and arranging.

More info: www.fscs.org.uk

 

Next Steps

After processing your application, you’ll receive a Mortgage Agreement and have a 7-day reflection period.

Contact us during this period with any questions. To proceed, sign and return the agreement.

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