June 15 – The proposal for seconds
One of the biggest decisions all mortgage firms will have to make to implement the provisions of the Mortgage Credit Directive is whether to include second charge loans in their scope of service. For many years, the vast majority of firms have been used to telling consumers that they cannot cover lender direct deals, further […]
FCA’s implementation of the EU Mortgage Credit Directive
Following HM Treasury’s publication of its consultation on the EU Mortgage Credit Directive (MCD), the FCA has now published its consultation.
HM Treasury consults on the implementation of the EU mortgage credit directive
HM Treasury has published its consultation on the implementation of the EU mortgage credit directive (MCD). The aim of the consultation is to ensure that the UK meets its obligation to transpose the MCD by 21 March 2016.