FSA has published a public censure of Leybridge Limited, a mortgage advisory firm. It found the firm breached Principle 9 in respect of advised sales of regulated mortgages from October 2004 (when it became authorised) to February 2008. FSA found the firm did not take reasonable care to recommend regulated mortgage products which were suitable for its customers. It also found it did not explain, support and evidence the bases of its recommendations or do appropriate compliance monitoring in respect of its sales. It exposed over 400 customers to the risk of taking inappropriate mortgage products. It would have fined the firm £24,000 were it not for the firm’s financial circumstances. The firm has taken remedial measures and is contacting customers with a view to compensating those who may have suffered.