The FCA has updated its web page on Mortgage Credit Directive (MCD). The web page outlines the main changes made by the MCD to the regulation of first and second charge mortgages and ‘consumer buy-to-let’ lending (CBTL). It also assists firms looking for help with applying for authorisation as a second charge mortgage firm or registration as a CBTL firm. The MCD comes into force on 21 March 2016.

View FCA updates webpage on MCD, 23 February 2016