Enterprise Finance gains advice approval

The FCA has approved master broker Enterprise Finance’s application to give mortgage advice.

From March, second charge customers must receive advice and the firm can now offer this.

Chief executive Danny Waters says: “Full regulation of the mortgage market has helped improve standards in the home loan industry in the past decade or so and we are confident that the second charge sector will reap simi-lar rewards in the coming years.

“Consumers will feel more comfortable using products that are regulated in the same way as existing loans they have already taken out.”