Further to my comments last week and the blog issued then, here is an update that I think sheds light on the process required for registration for authorised firms.
In order to register for Consumer Buy to Let selling, an authorised firm uses the Connect system.
Log in to Connect on the FCA page here. You will probably be asked to change your password if you haven't used the system yet.
You need to choose the Start New Application button and you will be presented with a menu of choices with radio buttons. Select Consumer Buy to Let Registration and proceed to the next page.
You will be presented with three forms to complete.
The first requires address details and provides you the opportunity to validate your standing details.
The second is the registration form which asks if you want to register for CBTL and then on a second page asks what you are, (Select Acting as CBTL advisor unless you plan to do other things.)
The third form is a declaration. As with the Consumer Credit Licence,you will need to confirm that you have printed off and signed the declaration, so don't forget to do so!
You are then ready to submit and once you get into that you will be asked to pay £100 by card as part of the submission process.
Pay, submit, get confirmation that you are registered and the job is done.
The next blog will be an attempt to define CBTL in English with examples!
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