FCA Questions & Update
In the course of meetings with retailers, our Business Development Managers are often asked questions regarding the FCA. A number of these questions crop up quite frequently, so we’ve summarised the answers below for your information. If you have any additional queries, then please call your BDM or ring Head Office on 0845 120 6666. […]
G&G Finance Sales Continue to Rise – up 32% on the same period last year
Finance approvals in the Glass and Glazing sector for May/June 2015 were up approximately 32% on the same 60 day period in 2014 (from £23m to £30.5m). The figures add to the optimistic findings in the recent Insight Data Report which found the total turnover of the UK’s Top 30 fabricators rose by 6% rise […]
Hot tub finance sales up 63%
Sales of hot tubs on finance have risen by more than 63 per cent on the same period last year – finance approvals were up from £1.4m in May 2014 to £2.2m in May 2015. Higher sales on finance are an excellent indicator of what is happening in the wider pool and spa market. Consumer […]
New research reveals UK families’ home improvement wish-list
New research reveals UK families’ home improvement wish-list Bi-fold Door Manufacturer, Origin, recently asked over 2000 British families what makes a happy family life, and they came up with some interesting findings. In addition to family meals, Netflix, and lots of board-games and smart tablets, the research also found that two thirds of families want […]
Sash Window Market Predicts Growth in 2015
Sash Window Market Predicts Growth in 2015 88% of installers expect more sash window sales in 2015, and 65% feel sash window installations are more profitable than casements, according to a study by Roseview Windows and Insight Data. Over 10,000 installers were asked for their opinions on sash windows and to gauge their confidence in […]
Growth in Home Improvement Planning Applications
Growth in Home Improvement Planning Applications Home improvement applications increased by 12% on average across the UK in 2014, according to the recently released Barbour ABI home-improver analysis. London continued its dominance with the biggest home improvement growth in 2014, increasing by 27% and with the top three UK local authorities for the number of […]
Consumer Rights Act 2015 comes into force 1st October: Is your business ready?
Consumer Rights Act 2015 comes into force 1st October: Is your business ready? The Consumer Rights Act 2015 comes into force in less than six months, and its important businesses understand how their responsibilities and consumer rights have changed. The new legislation will replace a number of pieces of business-to-consumer legislation, including the Sale of […]
Questions the FCA may ask following an application submission
Typical questions the FCA ask following an application submission for Full Permission Below is a list of typical questions FCA case-handlers are asking retailers following receipt of a full permission application. Most of the information should have been included within the business plan you submitted as part of your application, but please be aware case-handlers […]
FCA Update: Instalment Exemption
FCA Update: Instalment Exemption Under specific circumstances businesses who are offering or broking interest free credit do not need to be registered with the FCA. These rules on instalment exemption have recently been extended by the Government. From 18 March 2015 businesses offering interest free credit can increase the maximum number of instalments from 4 […]
FCA Approved Persons
FCA Approved Persons An approved person is an individual who has been approved by the FCA to perform one or more controlled functions on behalf of an authorised firm. To become an approved person, a candidate must first apply to the FCA. Approval must be obtained before a person can perform a controlled function. What is the […]