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TFC Homeloans granted Home Finance permissions

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  • 11/12/2015
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TFC Homeloans granted Home Finance permissions
TFC Homeloans has been grated Home Finance permissions by the Financial Conduct Authority (FCA), allowing the firm to deal with mortgage products, regulated buy-to-lets and regulated bridging services.

TFC already has full Consumer Credit permissions, which enables it to handle second charge, commercial, non-regulated bridging and non-regulated buy-to-let products.

The company will be able to operate in a wider range of business areas, now and after the introduction of the Mortgage Credit Directive.

Nigel Payne (pictured), managing director of TFC Homeloans, said: “This is a great early Christmas present for us at TFC. In the short term, it means that we can deal with more products from a wider range of lenders as some insist that their partners hold this particular authorisation.

“Holding Home Finance permissions also gives us much wider scope for growing the business and means we can look forward to an exciting 2016. The future is looking very bright indeed for TFC.”

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