Mogul Search Ltd is an introducer appointed representative of DNA Financial Solutions Limited which is authorised and regulated by the Financial Conduct Authority (FRN 926435)
Mogul Search Ltd is a company registered in England and Wales. Company Registration – 12793124. Registered Office: Holroyds Mill, Old Lane, Halifax, HX3 5WQ
The Data Protection Officer for Mogul Search is Drew Turner. We are registered with the Information Commissioners Office (ZB761147).
Our Company collects the following data:
• Title, name, date of birth, gender, nationality, civil/marital status, contact details, addresses and documents that are necessary to verify your identity
• Employment and remuneration information, (including salary/bonus schemes/overtime/sick pay/other benefits), employment history
• Bank account details, tax information, loans and credit commitments, personal credit history, sources of income and expenditure, family circumstances and details of dependents
• Health status and history, details of treatment and prognosis, medical reports (further details are provided below specifically with regard to the processing we may undertake in relation to this type of information)
• Any pre-existing Mortgage and Insurance products and the terms and conditions relating to these
We will collect and record Your Personal Data from a variety of sources, but mainly directly from you. You will usually provide information during the course of our initial meetings or conversations with you to establish your circumstances and needs and preferences in relation to Mortgages and Insurance. You will provide information to us verbally and in writing, including email.
We may also obtain some information from third parties, for example, credit checks, information from your employer, and searches of information in the public domain such as the voters roll. If we use technology solutions to assist in the collection of Your Personal Data for example software that is able to verify your credit status. We will only do this if we have consent from you for us or our nominated processor to access your information in this manner. With regards to electronic ID checks we would not require your consent but will inform you of how such software operates and the purpose for which it is used.
As part of our commitment to providing efficient and accurate services, we utilise AI technologies to assist in the review and analysis of client data and documents. These technologies help us process and analyse information more effectively. This includes:
• Reviewing and summarising client documents to ensure all necessary information is captured accurately.
• Analysing financial data to provide tailored finance and insurance advice.
• Assisting in the preparation of reports and documentation required for finance and insurance applications.
The use of AI technologies is governed by strict data protection protocols to ensure your personal data is handled securely and confidentially. Only authorised personnel within our firm have access to the data processed by these technologies, and it is used solely for the purposes of providing our services to you.
In the course of your interactions with Mogul Search you may share information that is classified as 'Special Category Data'. This could include data about:
• Race
• Ethnic origin
• Politics
• Religion
• Trade union membership
• Genetics
• Biometrics
• Health
• Sex life
• Sexual orientation
Where you do share information relating to any of these categories e.g., when you may share information about your health or a characteristic of vulnerability Mogul Search will always seek explicit consent from you to store and process such information.
Our Company collects your data so that we can:
• Process your application and manage your request.
• Email you with special offers on other products and services we think you might like.
• To monitor the performance of our products and services to ensure consumer outcomes are being achieved
| Purpose/Activity | Type(s) of data | Lawful basis for processing |
|---|---|---|
| To initially engage with you to discuss your requirements | • Identity • Contact | • Consent • Necessary for our legitimate interests |
| To source products, provide indicative quotes, and process & deliver your application for a mortgage or protection product | • Identity • Contact • Financial • Transaction • Marketing & Comms • Special Category | To comply with a legal obligation Necessary for our legitimate interests (to ensure that complaints can be responded to accurately) Legal Claims & Judicial Acts |
| To perform an affordability check for a property on behalf of an Estate Agent or New Home Builder | • Identity • Contact • Financial • Profile & Usage | Necessary for our legitimate interests and of the New Home Builder / Estate Agent (to ensure that a property is affordable before proceeding with the purchase process) |
| To administer and protect our business and our website (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data) | • Identity • Contact • Technical | To comply with a legal obligation Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud and in the context of a business reorganisation or group restructuring exercise) |
| To use data analytics to improve our website, products/services, marketing, customer relationships and experiences | • Technical • Profile & Usage | Necessary for our legitimate interests (to analyse customer usage, update our website, to develop our business and to inform our marketing strategy) |
If you agree, Our Company will share your data with our partner companies so that they may offer you their products and services.
| Type of recipient | Reason |
|---|---|
| Lenders and protection product suppliers | To source and submit applications in order to conclude the contract for the mortgage / protection application and the ongoing servicing of these contracts. |
| External suppliers | Specialist IT system providers to facilitate the sourcing of products, to provide continuing advice, to inform you about relevant products and services, and to request feedback on customer service standards. It may also be necessary to share your personal information with non-affiliated companies who perform support services on our behalf including those that provide professional, legal or accounting advice to Mogul Search. |
| Solicitors / Conveyancers | To update the firm of solicitors / conveyancers with whom you are interacting about the progress of your application and confirm your identity / proof of deposit. |
| Property agents / home builders | To update the firm of mortgage / protection advisers, estate agents and home builders with whom you are interacting about the results of affordability checks and progress of your application. |
| Licensed Credit Agencies | For the purposes of confirming your identity to comply with Anti Money Laundering requirements to perform a credit assessment to assess your eligibility; as part of an application request for a Lenders Decision In Principle; and to perform a credit assessment with your consent as part of a full application. |
| Regulators | Sharing of information may be necessary to fulfil our legal obligations as a regulated profession, for example with the Financial Conduct Authority, to verify your identity and comply with Anti Money Laundering legislation, and otherwise co-operate with law enforcement, legal proceedings or regulatory authorities. |
| Others | Third parties to whom we may choose to sell, transfer, or merge parts of our business or our assets. Alternatively, we may seek to acquire other businesses or merge with them. If a change happens to our business, then the new owners may use your personal data in the same way as set out in this privacy notice |
When Our Company processes your data, it may send your data to, and also use the resulting information from, credit reference agencies to prevent fraudulent purchases.
We do not envisage that the performance by us of our service will involve Your Personal Data being transferred outside of the United Kingdom.
| Purpose of reasoning | Retention |
|---|---|
| Successful mortgage / protection applications | For the full mortgage or protection policy term – six years from the date the application completes. |
| Withdrawn, stalled, incomplete and failed mortgage/ protection applications | 2 years from the date the latest application was started, or 6 years from the application submitted date if application was submitted and subsequently rejected or from creation date if advice has been provided but not pursued |
| Affordability assessments for new build property | 2 years from Decision In Principle if affordability check does not proceed to a full mortgage application |
| Enquiry data obtained from third parties (Estate Agents, websites) that do not result in an application for a mortgage / protection product | 2 years from the date the lead was received from the Introducer |
Mogul Search understands that with the introduction of the Consumer Duty, it is likely the level of communications issued by our business will increase. This will be necessary to support customers to understand the products and services offered and to provide support to customer throughout the lifecycle of the relationship.
You have the right at any time to stop Our Company from contacting you for marketing purposes or giving your data to other members of the Our Company Group.
Our Company would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following:
The right to access - You have the right to request Our Company for copies of your personal data. We may charge you a small fee for this service.
The right to rectification - – You have the right to request that Our Company correct any information you believe is inaccurate. You also have the right to request Our Company to complete the information you believe is incomplete.
The right to erasure - You have the right to request that Our Company erase your personal data, under certain conditions.
The right to restrict processing - You have the right to request that Our Company restrict the processing of your personal data, under certain conditions.
The right to object to processing - You have the right to object to Our Company’s processing of your personal data, under certain conditions.
The right to data portability - You have the right to request that Our Company transfer the data that we have collected to another organization, or directly to you, under certain conditions.
If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us at our email: [email protected]
Our postal address is - Holroyds Mill, Old Lane, Halifax, HX3 5WQ.
Our Company keeps its privacy policy under regular review and places any updates on this web page. This privacy policy was last updated on 24 September 2024.
If you have any questions about Our Company’s Privacy Policy, the data we hold on you, or you would like to exercise one of your data protections rights, please do not hesitate to contact us.
Email us at: [email protected]
Or write to us at: Holroyds Mill, Old Lane, Halifax, HX3 5WQ.
Should you wish to report a complaint or if you feel that Our Company has not addressed your concern in a satisfactory manner, you may contact the Information Commissioner’s Office at www.ico.org.uk