Treating Customers Fairly Policy

At Beacon Homeloans we are constantly striving to offer the highest level of customer service possible through committed and skilled professionals.

If you are an intermediary and you need further assistance implementing and embedding the TCF principle, please click here.

Our Treating Customers Fairly Commitment

"Treating Customers Fairly (TCF) is an initiative that seeks the fair treatment of customers throughout the sales process. TCF is at the forefront of everything we do to ensure we put your demands, needs and requirements first."

TCF seeks to create a 'customer-centred' culture within individual businesses, and the industry as a whole. It is governed and driven by our regulator the Financial Services Authority (FSA).

Specifically TCF aims to:

  • Help customers fully understand the features, benefits, risks and costs of the financial products they buy
  • Ensure the sale of suitable products through appropriate advice which fully takes into account the individual's needs and circumstances
  • Ensure that advertisements are appropriate, easy to understand and deliver on what they promise
  • Ensure customers receive clear information and are kept suitably informed before, during and after the point of sale
  • Ensure that customers do not face unreasonable barriers if they want to make a complaint

What does TCF mean for You?

  • Confidence that you are dealing with a firm where the fair treatment of customers is central to the way we operate
  • Products and services provided are designed to meet your needs
  • Clear information provided at all times
  • Products and services that deliver as we have led you to expect
  • A simple, fair and straightforward complaints process, where the need arises

Key Benefits of TCF...

  • Enhanced customer service
  • Enhanced service satisfaction
  • Improved confidence and security
  • Every individual within Beacon has a responsibility for the delivery of this enhanced customer service

We would be very grateful if you could spend a few minutes providing your thoughts on the service we have provided. This can also include any ideas or suggestions you may have. We appreciate any feedback, good or bad, as it allows us to learn from your experiences and ensure that our services remain of the highest standard.

In addition to the TCF feedback link below, you can also access a separate 'Feedback' and suggestions page located under 'Quick Links' at the side of this page. This relates more specifically to feedback and ideas concerning our Website and its contents.

Additional Useful Help and Advice

Here at Beacon Homeloans Limited our ongoing commitment is to ensure that your expectations of us are always met, and that we constantly seek to enhance your overall service experience with us.

For us, this experience extends beyond our dealings with you into a more complete and well rounded service. In light of this, we have decided to add the following links to other useful websites should you need to seek further assistance or information at any stage:

  • Citizens' Advice Bureau - their 'Adviceguide' website offers useful online guidance on coping with debt problems. If your client would prefer to speak to someone, they can search online for their nearest CAB branch and the relevant contact information.
  • National Debtline - offers free, confidential advice on all aspects of dealing with debt. Telephone 0808 808 4000, The National Debtline website includes factsheets, self-help packs, letter templates and an interactive budget planning tool.
  • Shelter - offers comprehensive advice on all aspects of housing, including avoiding repossession and what to do if you're being repossessed. Telephone 0808 808 4443. Go to the Shelter website.
  • Consumer Credit Counselling Service (CCCS) - offers help in resolving multiple debts. Their free helpline is 0800 138 1111. Go to the CCCS website.
  • The FSA - the FSA website will provide more information from a regulatory perspective from the industry's watchdog concerning press releases, industry updates and 'goings on' through to a dedicated customer contact centre which you can call relating to a variety of queries. Go to the FSA website.
  • Money Made Clear (FSA) - whether you're buying your first home, moving or just want to review your options, the FSA's impartial, practical information and tools can help with this comprehensive online resource. The UK's financial watchdog offers jargon-free explanations on various products, advice on matters such as finding out about insurance and protection, saving for tomorrow, getting financial advice, making a complaint, what do in the face of arrears and repossession through to useful tips on how to manage your retirement. Go to the Money Made Clear website.
For all you need to know about TCF

In order to further assist you in implementing and embedding the FSA principle of TCF please visit www.tcfinfo.co.uk. As an active advocate and member of the Lender Forum concerning the website, Beacon Homeloans are delighted to support this effective resource facility that provides practical guidance and advice on how to implement the TCF principle. Amongst other benefits, the website also contains the following information and support:

  • What is TCF?
  • TCF Deadlines and Monitoring
  • Tips and Tools
  • Case Studies
  • A comprehensive Resource List including MI Checklists, Staff and Product Training Logs
  • News, Hot Topics and Events

An excellent place to start in order to assess whether you are on the right track with the initiative relative to the December deadline is to access the available TCF Principles Checklist. A simple GAP analysis can be performed with the help of this checklist to gauge where you are, and where you need to be going forward.