Specialist distributor TFC Homeloans has been granted home finance permissions by the Financial Conduct Authority in addition to its existing full consumer credit permissions.
This means that the longstanding mortgage business – which turns 25 in 2016 – is able to operate in a wider range of business areas, now and post Mortgage Credit Directive.
Nigel Payne, 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.”