Precise Mortgages’ MCD upgrade is completed

Published on

DPR Consulting has completed a systems upgrade for Precise Mortgages.

The update provides compliance with the European Mortgage Credit Directive (MCD).

It has also introduced a number of new features including limited company buy-to-lets, support for Houses in Multiple Occupancy (HMOs) and support for the government’s Help to Buy Scheme.

Alan Cleary, managing director at Precise Mortgages, said: “This is a technically complex set of changes affecting all areas of the system. With DPR’s strong commitment and deep knowledge of mortgage operations and compliance we have together got this significant challenge over the line in ample time.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Project 28 launches in a bid to slash time it takes to sell homes

A coalition of 23 of the UK’s leading property organisations has unveiled a sweeping...

Rotherham mortgage boss crowned Lord of the Manor

Scott Thorpe, founder and chief executive of TMG Mortgage Network, has been formally recognised...

Midlands and northern England dominate buy-to-let purchases as landlords seek value

Buy-to-let lending in the Midlands and the north of England accounted for nearly half...

United Trust Bank moves into student housing with new funding offer

United Trust Bank has broadened its living sector proposition with the launch of a...

Market Financial Solutions joins Sesame lender panel

Market Financial Solutions (MFS) has been added to Sesame’s panel of lenders, giving members...

Latest publication

Other news

Project 28 launches in a bid to slash time it takes to sell homes

A coalition of 23 of the UK’s leading property organisations has unveiled a sweeping...

Rotherham mortgage boss crowned Lord of the Manor

Scott Thorpe, founder and chief executive of TMG Mortgage Network, has been formally recognised...

Midlands and northern England dominate buy-to-let purchases as landlords seek value

Buy-to-let lending in the Midlands and the north of England accounted for nearly half...