FINAL NOTICE

To:
Julian Paul Cheetham trading as one-mortgage.net

Of:

Clayton Fold Farm


Kettleshulme


High Peak


Derbyshire


SK23 7EJ




FSA Reference

Number:

303515


TAKE NOTICE: The Financial Services Authority of 25 The North Colonnade, Canary
Wharf, London E14 5HS (the "FSA") gives, Julian Paul Cheetham trading as one-
mortgage.net, final notice about a decision to cancel the permission granted to you to
carry on regulated activities

1.
ACTION

1.1
The FSA gave Julian Paul Cheetham trading as one-mortgage.net (“Julian
Cheetham”) a Decision Notice on 19 April 2011 (the “Decision Notice”), which
notified him that for the reasons given below and pursuant to section 45 of the
Financial Services and Markets Act 2000 (the “Act”), the FSA had decided to cancel
the permission granted to him under Part IV of the Act (“Julian Cheetham’s Part IV
permission”).

1.2
Julian Cheetham has not referred the matter to the Upper Tribunal (Tax and Chancery
Division) within 28 days of the date on which the Decision Notice was given to him.
Accordingly, the FSA has today cancelled Julian Cheetham’s Part IV permission.




Julian Paul Cheetham trading as one-mortgage.net
2 June 2011
Final Notice

Page 2

2.
REASONS FOR ACTION

2.1
On the basis of the facts and matters and conclusions described in the Warning Notice
issued to Julian Cheetham dated 9 March 2011 (the “Warning Notice”), and in the
Decision Notice, it appears to the FSA that Julian Cheetham is failing to satisfy the
threshold conditions set out in Schedule 6 to the Act (the "Threshold Conditions").

2.2
This is because he has failed to pay fees and levies of £1,137.17 owed to the FSA,
despite repeated FSA requests that he do so.

2.3
This failing, which is significant in the context of Julian Cheetham’s suitability, leads
the FSA to conclude that he is not conducting his business soundly and prudently and
in compliance with proper standards and that he is not a fit and proper person, and
that he is therefore failing to satisfy the Threshold Conditions in relation to the
regulated activities for which he has had Part IV permission.

3.
DECISION MAKER

3.1
The decision which gave rise to the obligation to give this Final Notice was made by
the Regulatory Decisions Committee.

4.
IMPORTANT

4.1
This Final Notice is given to Julian Cheetham in accordance with section 390(1) of
the Act.


Publicity

4.2
Sections 391(4), 391(6) and 391(7) of the Act apply to the publication of information
about the matter to which this Final Notice relates. Under those provisions, the FSA
must publish such information about the matter to which this Final Notice relates as
the FSA considers appropriate. The information may be published in such manner as
the FSA considers appropriate. However, the FSA may not publish information if
such publication would, in the opinion of the FSA, be unfair to Julian Cheetham or
prejudicial to the interests of consumers.

4.3
The FSA intends to publish this Final Notice and such information about the matter to
which this Final Notice relates as it considers appropriate.



FSA Contact

4.4
For more information concerning this matter generally, please contact Lorraine
Goldberg at the FSA (direct line: 020 7066 2920 / fax: 020 7066 2921).




John Kirby
FSA Enforcement and Financial Crime Division