There are a number of significant differences between a mortgage broker who is regulated and one who isn’t. We have listed these below to highlight them and show you the risk you could be taking if you employ the services of a non regulated broker.  nnA Regulated Mortgage Broker will:nPossess industry recognised qualification such as CEMAP.nBe Authorised & Regulated by the Financial Conduct Authority.nHave an ICO listing and number for data protection.n Hold Professional Indemnity Insurance.nHave a website.nBe able to demonstrate online reviews for customer service.nAccess the 'whole of market' or will work from a sizeable although 'restricted' panel on lenders.nA Non-Regulated Broker will not:nPossess industry recognised qualifications.nBe Authorised & Regulated by the Financial Conduct Authority.nHave an ICO listing or number for data protection (most cases).nHold Professional Indemnity Insurance.nHave a website (most cases).nBe able to demonstrate online reviews for customer service.nWon't have access to regulated mortgage lenders. Meaning they can't place residential mortgages or work with the majority of BTL lenders. In addition a non-regulated broker won't have access to tier 1 and 2 bridging lenders.