At Lee Mason Mortgages & Insurance we provide expert advice on mortgages, insurance products and KiwiSaver investment options.
We spend time with each of our clients, getting to know them and building up a relationship to ensure we can provide you with the most relevant, helpful and accurate advice.
Our goal is to be of service not just to you but your family when they are in need of financial advice in the future.
As we are independent brokers you can be sure you are getting the best advice. When we assess the products available on the market we judge them solely by their suitability to your requirements.
To find out more and to speak to one of our advisers, please call us today on +64 21 885 528
Our Expertise
LICENSING INFORMATION
Jatz Ltd trading as Lee Mason Mortgages & Insurance FSP 768071 holds a licence issued by the Financial Markets Authority to provide financial advice. Lee Mason FSP303586 is authorised by that licence to provide financial advice.
CONTACT DETAILS
Jatz Ltd trading as Lee Mason Mortgages & Insurance is the Financial Advice Provider.
You can contact us at:
Phone: 021 885528
Email: lee@leemason.co.nz
Address: 1 Tennyson Street, Trentham, Upper Hutt 5018
NATURE AND SCOPE OF ADVICE
Lee Mason Mortgages & Insurance advisers provide advice about:
We provide advice in relation to the following lending products:
We provide advice in relation to the following insurance products:
We provide advice in relation to products provided by the following companies:
FEES AND EXPENSES
Mortgage and lending planning fee
Lee Mason Mortgages & Insurance advisers are usually remunerated by way of commission, by the providers of the loan products we recommend. On occasion, some providers may not pay a commission. In this situation, we will charge a fee for our advice. The fee payable will be a reflection of the time required to obtain a loan approval for you. Where a fee will be payable for the advice, your Jatz Ltd adviser will agree the amount of the fee with you prior to obtaining a lending approval. This fee can be added to your loan amount and will be paid to Lee Mason Mortgages & Insurance at the time your loan is advanced.
Where a Lee Mason Mortgages & Insurance adviser has obtained an approval from a lender who does pay commission, but you decide not to proceed with the loan, a fee of up to $1000 will be payable as remuneration for the time spent on getting an approval. This fee is payable within 7 days of you deciding not to proceed with an approval.
Mortgage and lending service fee
Should you proceed with a loan implementation after advice from your Lee Mason Mortgages & Insurance adviser, and then repay or refinance your loan within two years of your loan being advanced, without giving your Lee Mason Mortgages & Insurance adviser the opportunity to assist you with a refinance, Jatz Ltd may charge you a fee of up to $1500.
Insurance Service Fee
No fees are payable by you for insurance advice. However, Lee Mason Mortgages & Insurance may charge a fee for financial advice provided to a client if the client cancels a life or health insurance policy within two years of inception. Specific fee information will be advised when the advice is provided. This fee will be payable by the client by the 20th of the month after the policy is cancelled.
CONFLICTS OF INTEREST
For life insurance and health insurance, Lee Mason Mortgages & Insurance and the financial adviser receive commissions from the insurance companies whose policies we can recommend. If you decide to take out insurance that we recommend, the insurer will pay a commission to Jatz Ltd and/or the adviser who provides your advice. The amount of the commission is based on the amount of premium associated with your cover; specific commissions will be advised to you when advice is provided.
For mortgages and lending, Lee Mason Mortgages & Insurance and the financial adviser receive commissions from some of the lenders we can provide recommendations for. If you proceed to implement lending with the lender recommended to you, the lender will pay a commission to your financial adviser. The amount of the commission is based on the amount of the lending; specific remuneration will be advised to you when advice is provided.
From time to time, product providers may also reward us for the overall business we provide to them. They may give us tickets to sports events, hampers, or other incentives.
To ensure that our financial advisers prioritise the client’s interests above their own, we follow an advice process that ensures our personalised recommendations are made on the basis of the client’s goals and circumstances, as advised to us. Lee Mason Mortgages & Insurance financial advisers complete regular training, including how to manage conflicts of interest. Each adviser has a regular compliance review of their advice process and our compliance programme is reviewed annually by our external compliance adviser.
DISPUTES AND COMPLAINTS
If you are not satisfied with our financial advice service you can make a complaint by emailing lee@leemason.co.nz, or by calling 021 885528. You can also write to us at: 1 Tennyson Street, Trentham, Upper Hutt 5018. When we receive a complaint, we will consider it using our internal complaints process:
If we cannot resolve your complaint, or you are not satisfied with the way we propose to do so, you can contact Financial Services Complaints Ltd (FSCL). FSCL provides a free, independent dispute resolution service that may help investigate or resolve your complaint if we have not been able to resolve your complaint to your satisfaction. You can contact FSCL by phone 0800 347 257 or email info@fscl.org.nz.
DUTIES INFORMATION
Lee Mason Mortgages & Insurance, and anyone who gives financial advice on our behalf, has duties under the Financial Markets Conduct Act 2013 relating to the way that we give advice. We are required to:
This is only a summary of the duties that we have. More information is available by contacting us, or by visiting the Financial Markets Authority website at https://www.fma.govt.nz.
