Cumbria police seek broker after clients complain
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The reputation of mortgage brokers was tarnished again last week after it emerged that police in Cumbria are searching for an intermediary following allegations of financial irregularities.
Nigel Alexander McClements, who used to trade as Northumbria Mortgages, is believed to have gone to Ireland after police received 17 formal complaints relating to his business.
Detectives are now trying to trace McClements, who lives north of Carlisle, Cumbria.
In June he had his permission cancelled by the Financial Services Authority after failing to pay fees and levies of £817.94.
Commenting on the Mortgagefit.com onine property forum, many former clients allege McClements owes them money.
One post says: “This guy has owed us £275 for about six months - still no luck in getting it back.”
Another says: “He rang me a couple of weeks ago with a brilliant remortgage offer and I sent him £500. I’ve not heard from him since and he does not answer emails or telephone calls.”
Somebody claiming to be McClements has also commented on the website.
He says: “Unfortunately, I have recently had my licence taken away by the FSA and have been unable to complete cases.”
McClements is believed to have disappeared shortly after posting this message.
Mortgage Strategy tried to contact McClements but he was unavailable for comment.
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