COMP 5.6 1Protected home finance mediation2
Protected home finance mediation2 is:
2- (1)
advising on a home finance transaction;2 or
2 - (2)
arranging (bringing about) a home finance transaction;2 or
2 - (3)
making arrangements with a view to a home finance transaction2; or
2 - (4)
agreeing to carry on a regulated activity in (1) to (3); or
- (5)
the activities of a home finance provider2 which would be arranging but for article 28A of the Regulated Activities Order (Arranging contracts or plans2 to which the arranger is a party);
2
provided that the condition in COMP 5.6.2 R is satisfied.
COMP 5.6.1 R applies only if the protected home finance mediation2 was carried on by a relevant person:
2- (1)
with a customer who was a resident in the United Kingdom; or
- (2)
from an establishment maintained by the relevant person (or its appointed representative) in the United Kingdom with a customer who was resident elsewhere in the EEA;
at the time the protected home finance mediation2 was carried on.
23This section does not apply in respect of a regulated mortgage contract which is:4
- (1)
- (2)