You are here: Home - News -

TFC Homeloans granted Home Finance permissions

by:
  • 11/12/2015
  • 0
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.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
headshot of Shawbrook CEO Philip George
Exclusive video: Foreign currency loans biggest casualty of MCD – Boulger

Ray Boulger, senior technical manager at John Charcol said brokers will find the biggest loss from the incoming Mortgage Credit...

Close