Mortgage broker agrees to two-year disqualification

The Financial Regulator has reached a settlement with an authorised mortgage broker in relation to breaches of regulatory requirements.

An investigation was launched when John Gurhy, trading as Gurhy Properties and Financial Services or The Debt Doctor, was suspected of failing to comply with provisions of the Consumer Protection Code and the Consumer Credit Act.

The regulator also suspected that The Debt Doctor failed to act honestly, fairly and professionally in the best interests of his customers and the integrity of the market.

Mr Gurhy has agreed to a disqualification from being involved in the management of a regulated financial service provider for two years.


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