Responsible Lending

Introduction

At Burghley Financial Services Limited (“we”, “us” ‘our”), we are committed to upholding the highest standards of integrity and professionalism in all of our dealings. Whilst we operate as a Non-Regulated intermediary service, and are not a lender, we acknowledge the importance of Responsible Lending principles established by regulatory bodies. It is our intention to adhere to these principles, along with ensuring that our clients are treated with fairness and transparency throughout their financial investment property journey.

Principles of Responsible Lending

1. Affordability Assessment
   Although we are a broker and not a lender, and we operate in the investment (non-regulated) lending sector, we will encourage our clients to carefully consider their financial situation before committing to any loan products that are to be secured against their property assets. We may provide information on conducting assessments that evaluate whether a loan is affordable or suitable, given their current circumstances.

2. Transparent Communication
   We will strive to maintain clear and honest communication with our clients. We are dedicated to explaining the full details of loan options, including terms, conditions, fees, and charges, ensuring clients are fully informed before making any commitments.

3. Fair Treatment
   We will treat all clients fairly, without discrimination based on age, sex, gender, religion, ethnicity, race, sexual orientation, or financial status. In providing our intermediary services, we aim to match clients with lenders who uphold similar values of fairness and respect.

4. Responsible Product Offering
   While we do not engage in the direct provision of loans, and we only offer services in relation to Non-Regulated investment property finance, we endeavour to partner only with lenders who demonstrate a commitment to Responsible Lending practices. This ensures our clients have access to products that are suitable for their needs and circumstances.

5. Supporting Financial Literacy
   We believe in the importance of empowering our clients with knowledge. We will provide resources and advice aimed at improving financial literacy, helping our clients make informed decisions regarding borrowing.

6. Monitoring and Compliance
   We will continually review our policies and practices to ensure alignment with the evolving standards of Responsible Lending and applicable regulatory requirements. Staff training on responsible lending principles will be ongoing to reinforce our commitment to ethical practices.

Conclusion

In summary, while Burghley Financial Services Limited operates as an intermediary and not a lender, and is not subject to the full rigours of Responsible Lending regulations, we nevertheless choose to embody its core principles within our operations. We are dedicated to ensuring our clients receive the best possible guidance and support as they navigate their financial options, fostering an environment of trust and responsibility.