Who MUST be authorised as a mortgage intermediary?

• A. Shell Insurance Services Ltd
• B. Care Property Advisers Ltd
• C. James
• D. None of the Above

Answer: (D)

Authorisation applies only to those who actively carry out regulated mortgage activities—specifically advising on or arranging a mortgage for a client. Being a lender, insurer, or a property adviser by itself doesn’t automatically require you to be authorised as a mortgage intermediary; authorisation depends on the actual activities you perform and any relevant exemptions.

So, a company called Shell Insurance Services Ltd would only need mortgage intermediary authorisation if it actively arranges mortgages or provides regulated mortgage advice. The same logic applies to Care Property Advisers Ltd and to an individual named James. Without evidence that they are performing regulated mortgage mediation, none of them must be authorised purely by virtue of their name or role. That’s why none of the above must be authorised in every case.