Specialist distributor TFC Homeloans has been granted home finance permissions by the Financial Conduct Authority (FCA), in addition to its existing full consumer credit permissions.
This means that the mortgage business – which turns 25 in 2016 – is able to operate in a wider range of business areas, now and post Mortgage Credit Directive (MCD).
In addition, TFC says the move means it can push forward plans to build on its growth and success during 2015.
Nigel Payne (pictured), managing director of TFC, 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.”