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Thread: Consumer Credit Licence

  1. 17-02-11 12:45 PM #1
    pagl111
    pagl111 is offline
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    Consumer Credit Licence

    Does a UK based company need a consumer credit licence to act as a finance broker to property developers that are exclusively based abroad?
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  2. 22-02-11 05:36 PM #2
    FindLaw_Miriam
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    Hi pagl111,

    It is highly likely that a UK business will need a consumer credit licence even if it is acting as a finance broker for a company based abroad, as its commercial activity is still being conducted in the UK.

    Remember, if a business trades without the correct licence, this is an offence.

    You can find more information on the Office of Fair Trading website.

    -FindLaw Moderation Team
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