Financial Services Authority
Financial Service Authority is an authority under which the UK’s equity releases market and the UK’s equity release companies have been regulated totally. Financial service authority regulations include both the lifetime mortgages and the home reversion plans. Most of the home owners, who want to take loan over their property, go into the transaction of equity release through Financial Services Authority. But before coming of Financial Service Authority (FSA), people of UK used to sign up through Safe Home Income Plans (SHIP) which was formed in 1991 and is considered as a voluntary code of conduct. Safe Home Income Plans used to provide number of guaranteed rights to the home owners like that of staying in the house for lifetime. Another benefit of SHIP is that it provides No Negative Equity Guarantee.
Commercial removals in document storage
As per the law there are a number of documents and paperwork that have to be kept for a certain period of time. So some of the clients seek the assistance of commercial removals for archive and document storage. Hence commercial removals also offer records management and storage. They provide a safe and secure environment away from the client’s office or place of work. All records can be accessed at the warehouse by prior arrangement or can be delivered to the office. Storage of files away from the office benefits in a number of ways. It acts as an offsite backup for lost and damaged records. It frees up the valuable office space and keeps stair wells and escape routes unblocked. The store rooms in office are not flooded. The business removals also provide standard archive boxes which can be purchased by offices. Paper works and files can be stored in these archive boxes.