Secondary credit brokers

Find out what permissions you'll need to apply to us for authorisation, and what we expect to see in your application.

We refer to you as a secondary credit broker if credit broking isn't your main business. For example, yacht brokers sometimes introduce their customers, or someone connected to the sale or purchase of a yacht, to a lender so the sale can be completed. We call this secondary broking.

Before reading this page, please read our page for all credit broker applicants to understand:

  • our expectations of consumer credit firms
  • everything else we expect you to read before you submit your application
  • the difference between Limited Permission firms and Full Permission firms

Permissions you'll need

Unless you already hold other permissions, you'll be a Limited Permission firm if you only carry on certain credit-related regulated activities in the following circumstances.

What we're looking for in your application

You'll need to submit a range of supporting material as part of your application. Please check which forms to complete and the other documentation required before you start your application.

Below are some of the specific things we expect to see if you're a secondary credit broker – providing this information will help you to demonstrate that you can meet our expectations.

We know we're asking for lots of information, but if you submit everything required in sufficient detail it'll help us assess and determine your application without delays.