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FCA brings in ‘second charge’ mortgage protection

04 March 2016

Equiniti Pancredit detail new regulations

To provide additional protection for consumers, the Financial Conduct Authority (FCA) are bringing in new regulations this March. The Mortgage Credit Directive (MCD) will raise protection for ‘second-charge’ mortgages in line with those that are ‘first-charge’. 

the full article on the Equiniti Pancredit website here.