Legal
Terms of business
The basis on which we arrange non-regulated buy-to-let finance, our scope of service, fees, and the regulatory regime that applies.
This is a placeholder terms-of-business notice. A full version will replace this page before public launch.
Regulatory status
Lenzie Consulting Ltd is not authorised or regulated by the Financial Conduct Authority. We arrange non-regulated buy-to-let mortgages only. We do not arrange Consumer Buy-to-Let or other regulated mortgages — if your case falls into the regulated regime we will refer you to an FCA-authorised firm.
Scope of service
We source and arrange non-regulated buy-to-let mortgages from a panel of 100+ specialist BTL lenders. Our service includes initial fact-find, lender selection, packaging the application, and managing the case through to completion. We do not give tax, accounting, legal or investment advice; we will refer you to qualified professionals where useful.
We do not arrange Consumer Buy-to-Let, regulated residential mortgages, or any other regulated mortgage activity. If your circumstances bring your case within the regulated regime (for example, letting to a family member, or letting a property you previously lived in), we will refer you to an FCA-authorised firm before any arrangement work begins.
Fees
Initial consultation is fee-free. On completion of a non-regulated buy-to-let mortgage we charge an arrangement fee of typically £995 to £2,995 depending on case complexity, disclosed in writing before you commit. We are also paid a procuration fee by the lender, typically 0.30% to 0.55% of the loan amount, which we disclose to you in advance.
What buy-to-let regulation looks like
Most buy-to-let mortgages — those secured against a property you intend to let to a third party for investment — sit outside the FCA's regulated mortgage regime under the Regulated Activities Order. Consumer Buy-to-Let, introduced by the Mortgage Credit Directive in 2016, brings a narrow subset of BTL transactions into FCA regulation: principally cases where the borrower is letting to a family member, or accidentally became a landlord. We don't arrange those.
Complaints
See the complaints procedure.