Unregulated Services

Irish Mortgage Corporation (IMC) will provide advice on an Unregulated Service in relation to a Credit Facility via a relevant Service Provider. Please note that this Unregulated Service does not require licensing, authorisation or registration from the Central Bank of Ireland.

We have a separate Terms of Business in relation to this Unregulated Service.

Financial Services and Pensions Ombudsman (FSPO)

The FSPO, in accordance with the Financial Services and Pensions Ombudsman Act 2017, can examine a complaint which arises in connection with the provision or refusal to provide financial services (including information and advice provision) where the provider is a regulated financial service provider. Each complaint is assessed on its own merits and in relation to its specific and particular circumstances and evidence provided. Therefore, advice of an unregulated activity may fall under the remit of the FSPO.

Commission

IMC are remunerated by way of commission via the relevant Service Provider. IMC will receive 1% of the of the credit facility amount upon drawdown .

This commission payment will not influence our decision to recommend a particular product. We consider which product is the most suitable for our clients prior to making a recommendation.

Professional Indemnity Insurance (PII)

Our professional indemnity policy will not cover our firm for advising on an unregulated service.